[ad_1] Updated Dec. 7, 2023 12:03 am ET SINGAPORE—Chinese internet titan Alibaba Group Holding once seemed invincible. Now, it is stuck in a slump. The e-commerce giant was a major…
Tag: corporate strategy
China Evergrande Avoids a Debt Disaster—for Now
[ad_1] China Evergrande Group, the giant property developer whose default two years ago fueled a crisis in the country’s real-estate market, got some unexpected good news on Monday. The company,…
Telefonica Proposes Workforce Restructuring for 5,124 Jobs in Spain
[ad_1] Updated Dec. 4, 2023 12:29 pm ET Telefonica proposed a workforce restructuring plan that will affect 5,124 jobs in Spain as part of its reorganization. The Spanish telecommunications company…
EBay Enters Commercial Agreement With COMC, Invests in Business
[ad_1] Published: Nov. 29, 2023 at 4:37 p.m. ET By Denny Jacob Online marketplace eBay entered into a commercial agreement with COMC with a focus on the trading card hobby…
Casino Confirms It Has Received Expressions of Interest for the Sale of Stores
[ad_1] Casino Guichard-Perrachon said that it has received preliminary expressions of interest for the acquisition of hypermarket and supermarket stores. The company and a consortium led by EP Equity Investment…