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Tag: Billion

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Why is Alibaba planning to pour S$3 billion into Grab?
Posted On 09/30/2020 02:16:12 by wisepowder

Recent reports about Alibabas US$3 Billion investment into Grab has raised speculation about the terms of the investment as well as the merits and the challenges of this potential major tie-up.To get more news about https://www.wikifx.com, you can visit wikifx official website.
  The Alibaba Group has long desired to become a global brand.
  Speaking at the World Economic Forum in Davos in 2015, Jack Ma made publicly known that the Groups goal is to serve two Billion consu... Read More



Geely Auto seeks $3 billion Shanghai STAR Market listing
Posted On 09/01/2020 23:40:10 by freemexy

Geely Automobile Holdings plans to raise 20 Billion yuan ($2.93 billion) from a public share sale on Shanghai's Nasdaq-style STAR Market to invest in new car models and technologies, exchange filings showed on Tuesday.To get more shanghai breaking news, you can visit shine news official website.

China's highest-profile automaker, thanks to parent group investments in Daimler AG and Volvo Cars, has set its sights on bolstering its global credentials with plans to revamp factories... Read More



The Pandemic Could Cost Buffett US$46.5 Billion of Losses
Posted On 06/24/2020 03:10:56 by freemexy

According to documents released by the US Securities and Exchange Commission (SEC), Buffett ‘s Berkshire Hathaway sold Bank of New York Mellon’s share worth of more than US$30 million on Tuesday and Wednesday. Before the US stock market slump in early March, Buffett increased his holding of the Bank's shares by US$359 million.
  In view of BNY Mellon's stock price trend, Buffett had sold the shares at a loss. As Berkshire Hathaway's 11th largest stock holding, BNY Mellon... Read More








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