Kuaishou, the Chinese short-video app that’s the biggest domestic rival to ByteDance, has gained approval for a Hong Kong initial public offering that could raise as much $6 billion. The listing offers a preview of investor appetite for the eventual listing of its larger rival, ByteDance, owner of TikTok. Kuaishou’s biggest investor is Chinese games and social network giant Tencent, which...
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Salesforce’s Pretend Co-CEO Arrangement
Marc Benioff has redefined the term co-CEO. As The Information reported earlier today, Bret Taylor, newly named co-CEO of Salesforce, will continue reporting to Benioff, his fellow co-CEO. So instead of the term meaning two leaders on equal terms, it now just means two people who work with each other in a boss-subordinate relationship. At this rate, Salesforce could give the co-CEO label to its...
Grab to Launch Biggest Debut of Southeast Asian Company on Nasdaq
India’s Ride-Hailing App Ola Plans IPO in First Half of 2022
Apple Warns Suppliers of Slowing Demand for iPhones
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