[ad_1] March 5 (Reuters) – HBC, the owner of Saks Fifth Avenue, said on Friday it would launch the luxury department store’s e-commerce segment as a separate business following a…
Tag: ECOMMA
Chinese liquor company ZJLD set to price Hong Kong IPO near bottom of range – sources
[ad_1] SYDNEY, April 20 (Reuters) – Chinese liquor company ZJLD Group is set to price its Hong Kong initial public offering (IPO) at HK$10.82 per share, two people with knowledge…
How Sweden became the Silicon Valley of Europe
[ad_1] STOCKHOLM, Aug 11 (Reuters) – As Klarna’s billionaire founder Sebastian Siemiatkowski prepares to stage one of the biggest-ever European fintech company listings, a feast of capitalism, he credits an…
Shares of China’s SenseTime set to rise 8.7% after it unveils new AI products
[ad_1] HONG KONG, April 11 (Reuters) – Shares of Chinese artificial intelligence (AI) company SenseTime (0020.HK) were set to jump 8.7% on Tuesday, a day after it unveiled a series…
DS Smith warns of rise in packaging prices due to COVID-19 as online shopping booms
[ad_1] April 29 (Reuters) – Britain’s DS Smith (SMDS.L) warned on Thursday of higher packaging prices as an online shopping boom during the pandemic has led to a surge in…
Alibaba restructuring to enhance decision-making, CEO says
[ad_1] SHANGHAI/HONG KONG, March 30 (Reuters) – Alibaba Group’s (9988.HK) restructuring will allow all its business units to become more agile and enhance faster decision-making and responses to market changes,…
Alibaba’s breakup lifts hopes China’s regulatory winter is thawing
[ad_1] March 29 (Reuters) – Investors cheered a major revamp of Alibaba Group (9988.HK) as a sign Beijing’s crackdown on the corporate sector was nearing an end, sending shares of…
Alibaba to break up empire into six units as Jack Ma returns to China
[ad_1] SHANGHAI, March 28 (Reuters) – Alibaba Group (9988.HK) plans to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a…
New York-based Mass Ave Global liquidates China-focused funds -documents
[ad_1] HONG KONG, March 28 (Reuters) – Mass Ave Global, a New York-based hedge fund with $1.1 billion of assets under management, has decided to close its China and Asia-focused…