Didi Global set a shareholder meeting for May 23 to vote on its plans to delist from the New York Stock Exchange. But the company said it won’t apply to relist on any other exchange until after it gets approval to delist, throwing into doubt its earlier plans to relist in Hong Kong and raising more concerns over if and when shareholders could exit their investments. Didi ran afoul of...
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How Stitch Fix Fumbled a Make-or-Break Pivot
Stitch Fix planned to revive sales growth by turning its original strategy on its head. Inside the company, there were warning signs that the effort would struggle. The retailer, which is best known for sending customers five-piece boxes of clothes and accessories picked out by stylists, hoped to broaden its appeal by using algorithms to recommend items for people to buy directly online. But a...
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Twitter CEO Still Expects Musk Deal to Close
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