Ping An Insurance’s fintech unit OneConnect Financial Technology on Wednesday downsized its planned US initial public offering by 28 percent and lowered its target valuation, Reuters reports. OneConne ...More
EJ Insight2019-12-12
... through a unit named Prosus. The group already owns stakes in Germany’s Delivery Hero, Brazil's iFood and India's Swiggy. Naspers is also a major shareholder in Chinese tech giant Tencent Holdings (00 ...More
EJ Insight2019-12-11
The Swiss private banking unit of HSBC Holdings will pay US$192.4 million to resolve a US probe of its role in helping wealthy Americans evade taxes by using undeclared Swiss bank accounts, Reuters re ...More
EJ Insight2019-12-11
... c vehicle unit BluePark, in which Daimler has some stake, fell around 63 percent last month from a year ago, according to the report. -- Contact us at [email protected] RC ...More
EJ Insight2019-12-10
... le triage unit was on its way. The organization said it had sent seven helicopters with medics onboard. Michael Schade, an engineering manager from San Francisco, was one of the tourists who made it o ...More
EJ Insight2019-12-09
... Douyin, a unit of Bytedance, which is the parent of news aggregator Jinri Toutiao and video sensation Tik Tok. Kuaishou was founded by Su Hua, a former programmer at Baidu and Google. He founded Kuais ...More
EJ Insight2019-12-09
... al Motors unit Cruise and Uber’s troubled self-driving unit are among the US tech companies vying for a breakthrough in a market in self-driving vehicles that is struggling to meet its early promise. ...More
EJ Insight2019-12-05
... nal crime unit is underway, and authorities do not rule out the possibility that more arrests will be made. The arrests were made after two jewelry shops, one in To Kwa Wan and the other in Cheung Sha ...More
EJ Insight2019-12-04
... a. Lenovo unit Motorola, meanwhile, has unveiled the Moto Razr. The Razr, which will launch in the US market in January, has a much smaller foldable screen that would fold into almost half of its exte ...More
EJ Insight2019-12-04
... with the unit operating under a different IT system, distinct from the core RBS brand. “With trust from the public towards the brands, incumbent banks in Europe are launching their own neobanks as a ...More
EJ Insight2019-12-04
... rmer 1MDB unit SRC International and was ordered to present his defense in November after a judge ruled prosecutors had successfully established a case against him. He has pleaded not guilty to the ch ...More
EJ Insight2019-12-03
... Alphabet unit Google is collecting data, confirming a Reuters story on Friday. “The Commission has sent out questionnaires as part of a preliminary investigation into Google’s practices relating to G ...More
EJ Insight2019-12-02
... through a unit named Ground X. Jason Han, CEO of Ground X, recently sat down with EJ Insight to discuss how Kakao is pushing its blockchain experiment and extending it into segments such as gaming, d ...More
EJ Insight2019-11-29
Gokurakuyu, a Japan-based firm involved in hot bath business, is planning to spin off its Chinese operation, according to reports. The Japanese bathhouse chain expanded into China in 2011. It now has ...More
EJ Insight2019-11-28
... ions. The unit owned by Hong Kong business tycoon Li Kai-shing agreed to try out Huawei’s products. Huawei won the business, which set it on the path of getting other overseas orders. Now, let's wait ...More
EJ Insight2019-11-27
EBay will sell ticketing unit StubHub to ticket reseller Viagogo for US$4.05 billion in cash, the companies said on Monday, Reuters reports. The announcement comes after the ecommerce major came under ...More
EJ Insight2019-11-26
... , improve unit economics, and enhance the market position of core businesses,” said Wang Xing, the company's chairman and chief executive, adding that consumers from lower-tier cities would become the ...More
EJ Insight2019-11-22
