(Bloomberg) — Stocks fell at the start of a tough month for the market, as traders braced for a deluge of data that could shed light on the health of the world’s largest economy. Most read by Bloomberg Wall Street traders have been trimming some risk after a rally that pushed the S&P 500 near […]
The various decarbonization pathways and scenarios likely underestimate the rate at which global energy consumption is increasing, which could lead to a natural gas supply gap by the end of the decade, the Switzerland-based industry organization International Gas Union (IGU) said on Tuesday in its Global Gas Report 2024. If global demand for natural gas […]
From Bloomberg Published 21 August 2024 ​Walmart Inc. is seeking to raise as much as $3.74 billion by selling its stake in Chinese e-commerce company JD.com Inc., people familiar with the matter said. Bloomberg The U.S. retailer is offering 144.5 million shares in a price range of $24.85 to $25.85, said the people, who asked […]
The death of British technology entrepreneur Mike Lynch, who died last weekend when his luxury yacht suddenly sank in the Mediterranean, is not expected to impact the sale of cybersecurity company Darktrace, in which he and his wife own a significant stake. Thoma Bravo, a private equity firm specializing in software, agreed in April to […]
JD.com’s Hong KongThe listed shares fell 10 percent to HK$101.10 as of 2:23 p.m. local time on Wednesday, triggering a broader sell-off in Chinese e-commerce and technology stocks. Walmart is refining its strategy in the world’s second-largest economy, where its long-time e-commerce partner is struggling as are major competitors Alibaba Group Holding And PDD investmentsOwner […]
From Bloomberg Published 21 August 2024 ​Walmart Inc. is seeking to raise as much as $3.74 billion by selling its stake in Chinese e-commerce company JD.com Inc., people familiar with the matter said. Bloomberg The U.S. retailer is offering 144.5 million shares in a price range of $24.85 to $25.85, said the people, who asked […]
By Kane Wu and Summer Zhen HONG KONG (Reuters) – Walmart, the largest shareholder in Chinese e-commerce company JD.com, has sold its entire stake, a person familiar with the matter said, ending an eight-year investment to focus on its own businesses in China. A placement of Walmart shares is fully subscribed, the person said, and […]
JD.com’s Hong KongThe listed shares fell 10 percent to HK$101.10 as of 2:23 p.m. local time on Wednesday, triggering a broader sell-off in Chinese e-commerce and technology stocks. Walmart is refining its strategy in the world’s second-largest economy, where its long-time e-commerce partner is struggling as are major competitors Alibaba Group Holding And PDD investmentsOwner […]
(Reuters) – U.S. retailer Walmart plans to raise up to $3.74 billion by selling its stake in Chinese e-commerce company JD.com, according to a letter of intent seen by Reuters on Wednesday. According to the term sheet, Walmart is offering 144.5 million American Depositary Shares at a price range of $24.85 to $25.85, and Morgan […]
(Bloomberg) — Walmart Inc. is seeking to raise as much as $3.74 billion by selling its stake in Chinese e-commerce company JD.com Inc., people familiar with the matter said. Most read by Bloomberg The U.S. retailer is offering 144.5 million shares in a price range of $24.85 to $25.85, said the people, who asked not […]
