Akanksha Rana
Stories by Akanksha Rana
Chinese e-commerce firm JD.com to buy back $2b shares
JD said it expects to fund the buyback, to take place over the next 24 months, with existing cash.
Alibaba beats quarterly revenue estimates on the back of e-commerce growth
Alibaba and rival JD.com Inc have been looking to diversify as online sales slow amid saturated markets in China's biggest cities and consumer confide
Alibaba said to acquire Kaola unit from NetEase in a $2b deal
Amazon.com Inc's Chinese joint venture was also reportedly in talks about a merger with Kaola.
Strong sales help Chinese e-commerce giant JD.com beat estimates
The online retailer's upbeat results provided a bright spot in China's e-commerce industry and wider tech sector which is slowing down after years of
SoftBank said to commit $40b to the second Vision Fund
SoftBank has secured investments from Goldman Sachs, Standard Chartered and is in talks with Microsoft.
Applied Materials to acquire Japan’s Kokusai Electric for $2.2b in cash deal
The move comes amid rising competition for providing cutting-edge semiconductors for use in 5G telecommunications equipment.
US startup accuses Huawei executive of involvement in trade-secrets theft
California-based CNEX is developing technology to enhance the performance of solid-state drives in data centers.
Uber to launch trailer leasing business as it seeks new growth avenues
In August, Uber said it would create a standalone business out of its long-haul trucking business.
Facebook names Adam Mosseri as new Instagram head, reserves CEO title for founders
Mosseri was named as Instagram’s head of product in May. He began as a designer at Facebook and most recently led its news feed.
