Car-hailing company Uber Technologies is aiming for a valuation of up to $91.5bn (€82bn) in its initial public offering, potentially the largest US listing in years and a test of investor appetite for a high-growth but highly unprofitable business.
Sat, 27 Apr, 2019
Every discussion about our public services is peppered with references to working conditions.
Wed, 17 Apr, 2019
Uber Technologies has decided it will seek to sell around $10bn (€8.8bn) worth of shares in its initial public offering, according to sources.
Thu, 11 Apr, 2019
In Beijing, it’s often cheaper to have food delivered than to get it yourself. Like, way cheaper.
Sat, 06 Apr, 2019
Pre-school children need to be taught IT skills or Ireland will fall well behind emerging digital economies such as Vietnam, a world-renowned economist has warned.
Thu, 27 Sep, 2018
Global investors remain overwhelmingly bullish on US and Chinese tech shares, while short positions on emerging equities are growing increasingly popular, Bank of America Merrill Lynch’s latest monthly fund manager survey has shown.
Wed, 15 Aug, 2018
The trade balance is firmly in Ireland’s favour for the first time in decades, writes
Thu, 22 Feb, 2018
Awareness that internet platforms can be manipulated to undermine democracy is growing, but governments have yet to devise a defence.
Fri, 26 Jan, 2018
One of H&M’s largest shareholders has lost its patience.
Tue, 23 Jan, 2018
It’s the US import British retailers could do without.
Fri, 24 Nov, 2017
A record level of global investors currently think shares are overvalued, while an increased amount of them are taking more risks with their investment choices than before, a survey shows, writes.
Thu, 16 Nov, 2017
Tencent is reaping the rewards of marrying social media with mobile gaming.
Thu, 17 Aug, 2017
Wholesale and retail company Musgrave is to “invest heavily” in online grocery shopping as Irish shoppers adjust their shopping habits, its chief executive has said.
Thu, 06 Jul, 2017
Cork’s docklands and the major Chinese city of Shanghai currently consume the mind of Cork City Council’s director of economic development,Pat Ledwidge.
Mon, 03 Jul, 2017
It’s not just China and India in the sights of Netflix, but also European domination with almost 100 original productions in various stages of development, writes
Mon, 01 May, 2017
Huawei intends to invest in and expand its cloud computing services with a new division that will employ more than 2,000 people.
Wed, 12 Apr, 2017
SuperDisty supplies the software that helps online retailers to source products, writes
Mon, 03 Apr, 2017
Alibaba has struck a deal to become a lead sponsor of the Olympic Games through 2028, betting that greater exposure to a global audience will help it reach consumers and promote its cloud computing business.
Fri, 20 Jan, 2017
Alibaba is leading a bid to take department store chain Intime Retail private for as much as $2.6bn (€2.46bn), as China’s largest online retailer deepens its integration with brick-and-mortar stores.
Wed, 11 Jan, 2017
Sat, 17 Dec, 2016
Irish retailer Musgrave is to begin exporting SuperValu own brand products to China.
Fri, 16 Dec, 2016
The owner of photo-sharing app Snapchat is reportedly lining up a Wall St flotation that could value it at up to €25bn.
Thu, 17 Nov, 2016
Mon, 12 Sep, 2016
Verizon Communications agreed to buy Yahoo’s web assets for $4.83bn (€4.39bn), ending the company’s two-decade run as an independent business that took it from Stanford University startup at the dawn of the internet age to also-ran behind nimbler online rivals such as Google and Facebook.
Tue, 26 Jul, 2016
The finance affiliate of Chinese e-commerce group Alibaba is understood to be planning a $3.5bn flotation on Shanghai’s main exchange in what could be China’s highest IPO valuation since 2010.
Tue, 28 Jun, 2016
US telecommunications rivals Verizon and AT&T are set to go through to the third and final round of bidding in the auction for Yahoo’s core internet assets.
Tue, 14 Jun, 2016
In the internet economy, Asia is often a harbinger for new services such as messaging apps or mobile payments.
Thu, 02 Jun, 2016
The tie-up between Apple and Chinese car-hailing app Didi started off with a joke.
Sat, 14 May, 2016
Yahoo has formed a committee of independent directors to explore strategic alternatives, alongside its plan to revamp and spin off its internet business.
Sat, 20 Feb, 2016
The European transfer window is not so European any more, with Chinese clubs outspending even the continent’s richest clubs in January to prove that the country is now a genuine power in attracting the world’s best players.
Sun, 07 Feb, 2016
Police arrested the maverick founder of China’s largest online finance business on suspicion of fleecing 900,000 investors of $7.6bn (€6.9bn), in what could be the biggest financial fraud in Chinese history.
Tue, 02 Feb, 2016
Police have arrested 21 employees at China’s largest online finance business suspected of fleecing 900,000 investors for €6.9bn in what could be the biggest financial fraud in the country’s history.
Mon, 01 Feb, 2016
Facebook’s Sheryl Sandberg, JP Morgan Chase’s Jamie Dimon, and Alibaba’s Jack Ma will share the spotlight with a prize-winning South Korean robot called Hubo at the annual meeting of the World Economic Forum this week in the Swiss ski resort.
Wed, 20 Jan, 2016
Fri, 08 Jan, 2016
Tue, 15 Dec, 2015
Thu, 03 Dec, 2015
The global investment landscape has been transformed since 2009.
Mon, 02 Nov, 2015
Yahoo chief executive Marissa Mayer has outlined plans to explore options for the company’s stake in its Japanese division as another report showed disappointing sales and profit.
Thu, 23 Apr, 2015
Online marketplace eBay is to cut 2,400 jobs globally, with the impact on its thousands of workers in Ireland as yet unclear.
Fri, 23 Jan, 2015
Chinese censors have blocked access to several popular websites as they target content delivery networks that serve much of the internet, according to a US internet service company.
Wed, 19 Nov, 2014
Any possible sale of either PayPal or EBay will be watched closely in Dublin and Dundalk, where the two employ almost 3,000 staff.
Thu, 02 Oct, 2014
Japan’s SoftBank Corp is in talks to acquire DreamWorks Animation, the Hollywood studio behind the Shrek and Madagascar movie hits, a person with knowledge of the situation said.
Mon, 29 Sep, 2014
Short sellers are making their first bets on a retreat in Alibaba Group a week after the company priced the world’s biggest-ever initial public offering.
Sat, 27 Sep, 2014