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What is SpaceX's IPO ticker and where will it be listed as SpaceX stock begins trading today, June 12, in the biggest IPO in history— should investors buy on day one?SpaceX IPO Ticker, Nasdaq Listing and $1.78 Trillion Valuation: The wait is finally over. SpaceX stock began its historic market debut toda...
China expands travel curbs to top AI talent at private firmsChina is now restricting top AI professionals in private companies from traveling abroad. This move aims to protect its advanced technology...
Football: China state broadcaster reaches World Cup deal with FIFAChina Media Group has secured broadcasting rights for four World Cup tournaments. This deal covers the men's events in 2026 and 2030, and t...
US stock market today: Why is Dow Jones crashing while the S&P 500 and Nasdaq rise? Dow falls 260 points as inflation heats up and Trump heads to ChinaUS stock market today: Dow Jones, S&P 500, and Nasdaq moving in opposite directions. Dow falls 260 points today as inflation heats up and P...
China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
Zhipu accelerates pivot to domestic chips amid AI boom in ChinaChinese AI firm Zhipu AI is boosting its use of local chips amid soaring computing needs. The company reported strong revenue growth for 20...
Why Ant Financial is reducing its Paytm stake amid rising geopolitical tensionsChinese fintech giant Ant Financial offloads shares worth Rs 2,200 crore in Paytm amid continued stake reduction. The news triggered a sign...
Paytm shares fall 5% after Ant Financial likely offloads 4.1% stake via block dealsAnt Financial, a subsidiary of Alibaba, is reportedly planning to sell Paytm shares worth ₹2,200 crore through block deals, offering them a...
China's Alibaba says to sell department store arm for $1.3 billion lossAlibaba is selling its department store chain, Intime, at a $1.3 billion loss due to increased competition in China's ecommerce market. The...
China's Alibaba kicks off restructuring with plan to list logistics arm in Hong KongAlibaba said on Tuesday it had submitted an application to spin off Cainiao Smart Logistics Network to the Hong Kong stock exchange, but th...
Masayoshi Son's SoftBank plans to sell majority of its stake in AlibabaSoftBank Group is looking to shed a majority of its position in Alibaba, after having sold $7bn in the Chinese tech giant this year using p...
SoftBank to sell nearly all its stake in Alibaba: ReportShares in Alibaba, one of the most valuable assets in SoftBank's portfolio, tumbled as much as 5.1% in Hong Kong following the report befor...
Alibaba reports first operating loss as a public companyThe fine by China's markets regulator in April was the largest-ever of its kind
Zomato in talks to raise up to $200 mn from Alibaba, AlipayThe deal, if it goes through, will be part of Alibaba and Alipay’s global play as Zomato has a strong presence in Southeast Asia and Middle...
Alibaba’s delivery service wants backers who don’t mind lossesFounded in 2013 by Alibaba and a small group of initial backers that includes trucking companies, Cainiao underpins the commerce giant’s ex...
Fintech operation will be many times bigger than ecommerce: Paytm's Vijay Shekhar SharmaVijay Shekhar Sharma is planning to spin off his ecommerce division, where Alibaba will call most of the shots, and focus his energies on f...
Paytm posted a loss of Rs 372 crore in fiscal year 2014-15The loss was due to company's entry into the e-commerce business, where intense competition forced it to spend huge sums on marketing and c...
Counterfeit products hurt Alibaba as well as China's economy: Jack MaMa said the customer complaint rate was only 0.0116 per cent, much lower than that of brick-and-mortar shops.
Snapdeal, Alibaba in talks for Rs 6,200 crore funding round: SourcesJasper Infotech, the company which owns Snapdeal, is aiming for a valuation of at least $5 bn (Rs 30,000 cr) in this latest round