Ayanti Bera
Stories by Ayanti Bera
Former Paypal executive set to lead Facebook Pay
The social media giant will create a new group to look after its payments-related initiatives.
Abu Dhabi’s Mubadala reports 7% stake in Virgin Galactic
The fund said it acquired the shares for investment purposes, according to a regulatory filing.
Tencent offers to take US-listed web search firm Sogou private
The preliminary offer from Tencent values Sogou at about $3.5 billion.
Weibo-owner Sina gets buyout bid at 12% premium from CEO-led entity
The interest in Chinese take-private deals has been rising following tensions between China and the US.
Indian travel services firm Yatra scraps merger deal with US-based Ebix
Yatra said it is seeking damages against Ebix for breaching terms of their merger agreement, including clauses on representations and covenants.
Electric vehicle maker Nio eyes listing of new China entity
The cash-strapped company is eyeing a rebound after selling fewer vehicles during the coronavirus outbreak.
China’s JD.com beats revenue estimates on lockdown boost
JD's total net revenue rose 20.7 per cent to 146.21 billion yuan in the quarter ended March 31.
Uber leads $170m investment round for bike-sharing startup Lime
As a part of the investment, Lime acquired electric bicycle service JUMP Bikes.
Saudi Arabian wealth fund PIF discloses 5.7% stake in Live Nation
PIF disclosed an 8.2% stake in coronavirus-hit cruise operator Carnival Corp earlier in April.
India’s Eros International to merge with STX Entertainment
The combined company, Eros STX Global Corp, will remain listed on the New York Stock Exchange.
