Sources familiar with the company’s plans say, Xiaomi’s likely valuation is expected to be $100 billion, if not more. Sources familiar with the matter have stated, Xiaomi Inc has asked banks to pitch next Friday for an initial public offering… Read More ›
Alibaba is aggressively pushing to streamline and make more efficient its global logistics network. In a move aimed at expanding its footprint in markets overseas, Chinese e-commerce giant, Alibaba Group has announced that it will sink in $15.12 billion (100… Read More ›
Uber’s law firm O‘Melveny & Myers LLP is investigating on why some potentially problematic business dealings were not disclosed sooner. With a federal probe looking into whether Uber Technologies broke U.S. bribery laws, the ride services company has begun reviewing… Read More ›
In a nutshell, here is the essence of the U.S Vice President Mike Pence’s 3 nation tour of Asia. In a strategic development in U.S.-Japan relations, U.S. Vice President Mike Pence is set to meet Taro Aso, Japan’s Deputy Prime… Read More ›
This investment of several million euros by L’Oreal is alongside several companies including Cisco, Nokia and Accenture marks the French giant’s embrace of digital technology which not only caters to beauty products but also educates consumers in the process. French… Read More ›
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