Uber unveils IPO with warning it may never make a profit; operating expenses to increase significantly in future
• 6 years agoAlthough Uber's user base includes customers of other services as well as ride-sharing, Uber’s 91 million is nearly five times the 18.6 million announced by rival Lyft Inc.
Google to invest $550 mn in Chinese e-commerce giant JD.com
• 7 years agoCompany officials said the agreement initially would not involve any major new Google initiatives in Chin
Walmart set to announce much-awaited $20-bn deal to buy Flipkart today: Key facts you should know
• 7 years agoThe Walmart deal is likely to value Flipkart at roughly $18 billion to $20 billion.
Flipkart-Walmart deal nears closure as board approves sale of 75% stake to US retail giant for $15 bn
• 7 years agoFlipkart and Amazon dominate the online shopping space in Asia's third-largest economy.
Xiaomi files for mega Hong Kong IPO, largest listing by a Chinese tech firm in 4 years; lifts lid on financials
• 7 years agoXiaomi's listing is expected to raise about $10 billion via the public offering, giving Beijing-based Xiaomi a market value of between $80 billion and $100 billion
Walmart eyes tie-ups with local players in UK, India to stem market share losses; multi retail giant scales back in other markets
• 7 years agoThe moves underscore Walmart’s renewed focus on catching up with competitors, ranging from grocer Aldi Inc to Amazon.com Inc, in key international markets.
Google denies reports of China 're-launch' of mapping platform, say 'no changes' have been made
• 7 years agoGoogle, stated that the Google Maps browser has been available in China for many years while there is no Maps application offered in the country.
Google to relaunch Maps service specific to China after an eight-year absence from the country
• 7 years agoThis comes after Google joined an investment in Chinese live-stream mobile game platform Chushou earlier this month.
Google to train 10 million people in online skills in Africa over next five years: Sundar Pichai
• 8 years agoGoogle also hopes to train 100,000 software developers in Nigeria, Kenya and South Africa, a company spokeswoman said
Tencent Holdings plans to expand WeChat Pay beyond China, applies for a license in Malaysia
Fp Archives • 8 years agoTencent has applied for a license in Malaysia for its WeChat Pay, in what would be a first for the platform beyond mainland China and Hong Kong.