Category: unit
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ByteDance to layoffs staff at Indonesian e-commerce unit (Private:BDNCE)
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JHVEPhoto/iStock Editorial via Getty Images Update: The story has been updated with a statement from ByteDance. ByteDance (BDNCE) has confirmed that it will lay off some employees at its Indonesian e-commerce units Tokopedia and ShopTokopedia. The move comes after TikTok’s parent complete The transaction in which it was committed To…
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ByteDance to layoffs staff at Indonesian e-commerce unit (Private:BDNCE)
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JHVEPhoto/iStock Editorial via Getty Images Update: The story has been updated with a statement from ByteDance. ByteDance (BDNCE) has confirmed that it will lay off some employees at its Indonesian e-commerce units Tokopedia and ShopTokopedia. The move comes after TikTok’s parent complete The transaction in which it was committed To…
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China Evergrande liquidators in talks to sell stake in EV unit
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Wenjin Ling/E+ via Getty Images China Evergrande’s (OTCPK:EGRNF) liquidator is in talks with a third-party buyer to sell a stake in the troubled property developer’s electric vehicle unit. This news led to a rise in Hong Kong-listed China Evergrande New Energy Vehicle Group shares about 87%. if After the deal…