... separate unit to help revive profits. The company reported a second-quarter net loss of US$334.4 million, far worse than analysts' forecasts. JD said it has built a professional management team over ...More
EJ Insight2018-08-22
... C Capital unit, Reuters reports. The consortium, led by China Biologic’s former CEO David Gao, has offered to pay US$118 per share, 28.3 percent above China Biologic’s Friday close, according to the r ...More
EJ Insight2018-08-22
... al crimes unit (DCU) acted on a court order last week, disrupting and transferring control of a total of six internet domains created by a group known as Strontium, also known as Fancy Bear or APT28, ...More
EJ Insight2018-08-21
... es in the United States. Nobody wants to do this work,” said Stephen Lang, owner of Mon Cherie Bridals, a Trenton, New Jersey-based dress producer and importer. “I can’t find people who will do hand- ...More
EJ Insight2018-08-21
... business unit of mainland online classifieds giant 58 Home, came up with the rebranding after acquiring Hong Kong's online logistics platform GoGoVan in August last year. Kuaigou became the official ...More
EJ Insight2018-08-20
JD.com, China’s second-largest e-commerce firm, is shifting management of its warehousing assets to a separate unit, a move it hopes will revive profits after it swung back to a loss in April-June, Re ...More
EJ Insight2018-08-17
US startup incubator Y Combinator said it is establishing a China unit, its first dedicated overseas office, which will be headed by Baidu Inc.’s former chief operating officer Qi Lu, Reuters reports. ...More
EJ Insight2018-08-15
... strade, a unit of the infrastructure group Atlantia, controlled by the Benetton family, manages the section of the toll highway that collapsed. “The collapse was unexpected and unpredictable. The brid ...More
EJ Insight2018-08-15
... t Foxconn unit FIH Mobile Ltd. amid bleak demand from smartphone vendors. FIH acknowledged it faced a high risk of saturation in the smartphone market. Apple too sold half a million less-than-expected ...More
EJ Insight2018-08-14
... models of units in Asia and Mexico that have produced better results, Stephen Bird, chief executive of Citigroup’s global consumer banking business, said in a memo seen by Reuters. With the new struct ...More
EJ Insight2018-08-14
... business unit to Nasdaq-listed 21Vianet Group for over HK$1.5 billion. Looking back, Man said one of the most painful challenges in his work is raising money from investors: “You’ll have countless pe ...More
EJ Insight2018-08-10
... id such a unit cost wouldn't be much more expensive than buying back farmland in the New Territories, for which the compensation rates currently stand at HK$390 to HK$1,560 per square foot, depending ...More
EJ Insight2018-08-08
Uber Technologies is creating a standalone business out of its long-haul trucking services, Uber Freight, with plans to double investment in the unit, Reuters reports. The freight business, which conn ...More
EJ Insight2018-08-08
Alibaba Group plans to merge its food delivery units and raise funds for the combined business, intensifying a battle with Tencent-backed Meituan Dianping for dominance of China’s booming on-demand se ...More
EJ Insight2018-08-08
... said. The unit will be consolidated under its new business Xiaoju Automobile Solutions Co., it added. “Building on our service to 30 million Didi drivers, we will strive to develop a leading one-stop ...More
EJ Insight2018-08-07
... 9 million units since its launch four months ago. The Chinese market is key for Huawei as it has come under fire in the United States, Australia and other nations over concerns it could facilitate Chi ...More
EJ Insight2018-08-06
... sive care unit and assisted by a mechanical ventilator for breathing. What pediatricians would worry most is pertussis, a respiratory illness commonly known as a whooping cough and is a very contagiou ...More
EJ Insight2018-08-03
... ce in the United States. Cook also said there were over a billion Apple Pay transactions during the reporting period, triple the volume just a year ago. Regarding mobile transactions, Cook said there ...More
EJ Insight2018-08-02
