Business

Tencent sees highest profit growth in three years thanks to strong performance in online ads and business services, balancing slower growth in gaming revenue

Tencent exceeded analyst expectations for revenue and profit in the first quarter of the year. The Chinese tech giant experienced…

44 mins ago

Tencent sees record profit growth in 3 years thanks to strong online ads and business services, despite slowing gaming revenue – NBC Los Angeles

Tencent exceeded analyst expectations for revenue and profit in the first quarter of the year. The Chinese tech giant saw…

50 mins ago

Everest Insurance Expands its Asia-Pacific Business with Launch in Australia.

Everest has officially launched its Australian Insurance operations, with approval from the Australian Prudential Regulation Authority. The business, known as…

2 hours ago

Titans of Industry Adapt Strategies in Response to Market Changes

The second quarter of 2024 has seen major companies such as Italgas, Kraft Heinz, and Intel making bold strategic moves…

3 hours ago

Uber Announces Acquisition of Delivery Hero’s Taiwan Business for $950 Million

Uber Technologies Inc. has announced its plans to acquire Delivery Hero SE's Foodpanda business in Taiwan for a whopping $950…

3 hours ago

Uber to purchase Foodpanda’s Taiwan operations in a $950 million deal

In a move to focus on other markets, Uber Technologies has announced the acquisition of the Taiwan business of Foodpanda,…

3 hours ago

Michael Rider to Depart from Polo Ralph Lauren

Sign up now to receive the Vogue Business newsletter for the latest luxury news, insights, and exclusive membership discounts. Michael…

4 hours ago

Uber acquires foodpanda business in Taiwan from Delivery Hero for $950 million

Ride-hailing company Uber announced on Tuesday that they will be acquiring Delivery Hero's foodpanda branded takeaway business in Taiwan for…

5 hours ago

Sources: Blackstone-led group interested in acquiring Haldiram’s snack business in India

A consortium including Blackstone, Singapore state fund GIC, and Abu Dhabi Investment Authority (ADIA) is currently in discussions with India's…

5 hours ago

Scott Maples convicted of PPP loan fraud in Mid-Missouri

A Kingdom City business owner, Scott Maples, was recently sentenced in federal court for defrauding the government by obtaining over…

8 hours ago