UK’s Hut Group lifts revenue forecast, shares jump nearly 10%

[ad_1] (Reuters) – E-commerce firm The Hut Group raised its annual revenue forecast for the second time in less than two months on Monday, as it benefited from strong demand…

Explainer: What’s next for Ant after China suspends $37 billion listing?

[ad_1] BEIJING/HONG KONG (Reuters) – China’s suspension of Ant Group’s $37 billion listing just days ahead of its stock market debut has thrown the company and its investors into a…

China’s Ant Group plans revamp amid regulator pressure – WSJ

[ad_1] FILE PHOTO: A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song/File…

Digital marketing startup Sendinblue Raises $160 million

[ad_1] (Reuters) – Sendinblue, a digital marketing platform aimed at helping smaller businesses sell more online, said on Thursday it raised $160 million in its latest funding round. Investors included…

Exclusive: Alibaba to resume Hong Kong listing plans as soon as November – sources

[ad_1] By Julie Zhu, Joshua Franklin HONG KONG/NEW YORK (Reuters) – Alibaba Group Holding Ltd BABA.N is eyeing a listing in Hong Kong as early as November to raise up…

Credit Suisse estimates Archegos fallout at $4.7 billion, overhauls executive board

[ad_1] (Reuters) -Credit Suisse Group on Tuesday announced an estimated charge of 4.4 billion Swiss francs ($4.7 billion) from its relationship with Archegos Capital Management LP, suspended a share buyback…

Adevinta buys eBay’s classifieds unit in $9.2 billion deal

[ad_1] By Nerijus Adomaitis, Pamela Barbaglia OSLO/LONDON (Reuters) – U.S. firm eBay Inc has agreed to sell its classified ads business to Norway’s Adevinta in a deal worth $9.2 billion,…