Local city regulators in China have asked Didi Chuxing to suspend its new standalone ride-hailing service, citing a lack of operating licenses for the platform in their regions.
Amazon.com Inc on Thursday said it is opening a supermarket in Los Angeles with shopping carts that let customers skip checkout lines, as the e-commerce company builds out its offline presence.
Alibaba is in talks with YTO Express Group's founders to raise its stake in the Chinese courier company with an aim to become the top shareholder, two people told Reuters, as it accelerates consolidation in the world's largest express delivery market.
Alibaba is in talks with YTO Express Group's founders to raise its stake in the Chinese courier company with an aim to become the top shareholder, two people told Reuters, as it accelerates consolidation in the world's largest express delivery market.
A thaw in relations between Israel and the United Arab Emirates has raised expectations of an influx of funding in 'Silicon Wadi', Israel's answer to Silicon Valley.
British online supermarket and technology group Ocado said on Thursday Duncan Tatton-Brown would step down as chief financial officer after eight years in the role and be replaced by Rolls-Royce finance chief Stephen Daintith.
LONDON: British aerospace giant Rolls-Royce said on Thursday (Aug 27) that it suffered a massive net loss in the first half of the year as the coronavirus outbreak sparked a crisis in air transport. Rolls, which operates in the air, defence and energy sectors, posted a net loss of...
British online supermarket and technology group Ocado said on Thursday Duncan Tatton-Brown would step down as chief financial officer after eight years in the role and be replaced by Rolls-Royce finance chief Stephen Daintith.
CGS-CIMB on Thursday said it believes the worst is over for Silverlake Axis, and expects the fintech firm's earnings to recover in FY21 ending next June following a weak set of results for its latest quarter.
TikTok Chief Executive Officer Kevin Mayer has quit his role and general manager Vanessa Pappas will replace him on an interim basis, the Financial Times newspaper reported https://on.ft.com/31y7IZc on Thursday, citing a letter sent to the company's employees.
