Ayanti Bera
Stories by Ayanti Bera
EBay explores strategic alternatives for S. Korean business
The e-commerce firm was looking to sell its South Korean unit in a deal that could fetch nearly $5 billion.
Macquarie Group to buy Waddell & Reed Financial for $1.7b
The offer price of $25 per share represents a premium of 48% to Waddell & Reed’s closing price on Dec. 1.
Amazon to give $500m in holiday bonuses to front-line US staff
Amazon has been facing scrutiny from lawmakers over whether it is doing enough to protect staff from the pandemic.
Russian online retailer Ozon targets to raise up to $825m in US IPO
Like most e-commerce firms, Ozon has recorded increased online orders during the COVID-19 pandemic.
Baidu to buy JOYY’s live streaming unit in China for $3.6b
With this deal, the company aims to diversify its revenue source.
Fitness tracker Whoop raises $100m from SoftBank Vision Fund 2, others
The company's tracker is the fitness band of choice for a host of pro-athletes.
Tencent to take China’s Sogou private in $3.5b deal
The move comes a day after Sina Corp said it would be taken private in a $2.6 billion deal.
China’s Weibo owner Sina to be taken private by CEO in $2.6b deal
The deal is expected to close during the first quarter of 2021, Sina said.
Chinese search engine giant Baidu beats quarterly revenue estimates
Baidu said its total revenue fell 1 per cent to 26.03 billion yuan in the second-quarter ended June 30.
Uber may temporarily shut down in California over new driver ruling
It could stall its operations for several months.
