Deborah Sophia
Stories by Deborah Sophia
China’s spending slump weighs as e-commerce giant Alibaba misses estimates
Alibaba is also grappling with stiff competition from JD.com, Pinduoduo and Douyin.
Shein set to face tougher EU online content rules as users in region soar
Shein launched its marketplace in the EU in Aug last year.
PE firm Roark Capital to buy sandwich chain Subway for up to $9.55b
Roark prevailed over a rival bidding group led by buyout firms TDR Capital and Sycamore Partners.
PE firm Silver Lake leads $1b investment in Amazon aggregator Thrasio
The latest round takes Thrasio's total funding to $3.4 billion.
