Nivedita Balu
Stories by Nivedita Balu
Amazon to hire 100,000 workers as online orders surge amid virus outbreak
Like Amazon, Albertsons, Kroger and Raley’s have sought new hires to staff busy sections and fulfill online orders.
Temasek joins $225m funding round for almond milk maker Califia Farms
The round was led by Qatar Investment Authority and joined by HK’s Green Monday Ventures among others.
DoorDash valued at $12.6b after raising $600m in latest funding round
Darsana Capital Partners, Sands Capital, Coatue Management, Dragoneer, DST Global, Sequoia, SoftBank Vision Fund, and Temasek Capital Management joine
Slack expects to raise about $197m in direct listing
Slack is the latest tech company looking to go public this year, following the market debuts of Uber, Lyft, Pinterest, and Zoom.
Novartis sells Sandoz US dermatology, generics portfolio to Aurobindo for $900m
The 131-year-old Sandoz unit was hurt by price pressure in US, prompting Novartis CEP Vas Narasimhan to sell the Sandoz unit.
Walmart said to explore sale of Japanese supermarket hain Seiyu
If realised, the sale could amount to around 300 billion to 500 billion yen ($2.7 billion to $4.5 billion), the Nikkei business daily said.
Grocery delivery startup Instacart valued at $4.35b after new funding round
The company's app allows shoppers to order groceries that are delivered on the same day.
