Eva Mathews
Stories by Eva Mathews
Alibaba’s logistics unit gears up for Hong Kong IPO this year
The logistics unit is currently valued at more than $20b.
TikTok mulls splitting from ByteDance if proposal with US fails
A divestiture, which could result in a sale or IPO, is considered a last resort.
Uber explores logistics unit sale, IPO
In January, the division said it would lay off roughly 150 employees, or about 3% of its workforce.
US trade regulator seeks details on Musk’s internal communications, layoffs at Twitter
The FTC is also looking to get Musk to testify in connection with the probe, the Wall Street Journal reported.
Alibaba beats quarterly revenue estimates as COVID curbs ease
Revenue rose 2% to $36b for the three months ended Dec 31.
Alibaba Group posts lower-than-expected quarterly revenues on pandemic woes
Retail spending in China has sagged this year alongside the government's strict zero-COVID policies.
SpaceX said to be in talks to raise nearly $1b at $150b valuation
The ongoing talks offer SpaceX's share at about $85 apiece, up from the $125b valuation it fetched earlier this year.
Saudi wealth fund to become Aston Martin’s second-largest shareholder with 17% stake
PIF will be entitled to two board seats.
Tencent Music’s Q1 revenue slumps 15% but shares rise on hopes of regulatory easing
The company confirmed its plan to seek a secondary listing in Hong Kong
Toshiba’s investor 3D asks board to take three critical actions before annual meeting
3D owns a 7.6% stake in Toshiba.
