#unit

9:50am, 7th June, 2020

India's Reliance says Abu Dhabi Investment Authority invests $752 million in digital unit

Indian oil-to-telecoms giant Reliance Industries said on Sunday that the Abu Dhabi Investment Authority (ADIA) will buy 1.16% of its digital unit Jio Platforms for 56.83 billion rupees ($752 million).

SoftBank leads $500 million fundraising for Didi's self-driving unit

5:38am, 29th May, 2020

News

SoftBank leads $500 million fundraising for Didi's self-driving unit

China's Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary that was led by SoftBank Group's Vision Fund 2.

China's Didi Chuxing raises over $500 million for autonomous driving unit

3:32am, 29th May, 2020

News

China's Didi Chuxing raises over $500 million for autonomous driving unit

China's Didi Chuxing said on Friday it had completed a fundraising round of over $500 million for its autonomous driving subsidiary.

Sony to turn financial arm into wholly owned unit for $3.7 billion: Nikkei

12:07am, 19th May, 2020

News

Sony to turn financial arm into wholly owned unit for $3.7 billion: Nikkei

Sony Corp will turn its financial arm, Sony Financial Holdings Inc , into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion), the Nikkei business daily reported.

Facebook invests $5.7 billion in Reliance unit, plans digital services for Indian grocers

6:13am, 22nd April, 2020

News

Facebook invests $5.7 billion in Reliance unit, plans digital services for Indian grocers

Facebook will spend $5.7 billion to take just under 10% of Reliance Industries' digital unit, seeking to roll out services for India's grocers and other small businesses by capitalising upon WhatsApp's already extensive reach within the country.

Facebook invests $5.7 billion in Reliance unit to reach small Indian grocers

2:01am, 22nd April, 2020

News

Facebook invests $5.7 billion in Reliance unit to reach small Indian grocers

Facebook will spend $5.7 billion for 10% of Reliance Industries's digital business, as the social media firm looks to leverage its popular WhatsApp messenger to offer digital payment services to small grocers in India.

Exclusive: Amazon entices warehouse employees to grocery unit with higher pay

12:29pm, 28th March, 2020

News

Exclusive: Amazon entices warehouse employees to grocery unit with higher pay

Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document reviewed by Reuters.

Walmart's India e-commerce unit Flipkart suspends services due to lockdown

10:25pm, 24th March, 2020

News

Walmart's India e-commerce unit Flipkart suspends services due to lockdown

Walmart Inc's Flipkart has suspended services, a notice on the Indian e-commerce firm's website said on Wednesday, as India began a 21-day lockdown to fight the spread of the coronavirus pandemic.

Microsoft expects Windows unit to miss revenue outlook on coronavirus impact

5:51pm, 26th February, 2020

News

Microsoft expects Windows unit to miss revenue outlook on coronavirus impact

Microsoft Inc said on Wednesday it does not expect to meet the third-quarter revenue forecast for its 'more personal computing' business, as a result of the coronavirus outbreak.

AT&T's Mexico unit loses class action lawsuit to consumer watchdog

10:19pm, 10th May, 2019

News

AT&T's Mexico unit loses class action lawsuit to consumer watchdog

Mexico's consumer watchdog, Profeco, said on Friday it won a class-action lawsuit against the local unit of U.S. telecommunications giant AT&T Inc for undue charges and poor service.