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Coupang LLC, South Korea’s largest e-commerce company, raised $4.2 billion in the biggest share offering in the United States this year after selling stocks in the IPO above its deal target range, people familiar with the matter said. The initial public…
In the latest on U.S. delistings of Chinese firms, the three largest mainland telecommunications firms have requested for a review of the New York Stock Exchange’s decision to remove their shares from the bourse. In a filing to the Hong Kong Stock Exchange…
Just five days before the official inauguration of President Joe Biden, the Trump administration is making a late push to ban more Chinese companies deemed risky, including smartphone maker Xiaomi and state-owned oil firm CNOOC. Xiaomi was one of nine firms…
A full departure from the largest economy is reportedly no longer being considered but decisions on the retail unit remain unconfirmed. A U.S. retail banking pullout could still happen, according to a report citing unnamed sources, though a full exit from the…
Cybersecurity firm Bkav has exported its first batch of security cameras to the U.S., furthering its ambition to become a top-five camera manufacturer worldwide. Its AI View security cameras will be installed at the headquarters of technology giant Qualcomm…
Google Pay is pretty big in the US, and starting this week it will get even bigger. Currently, thousands of banks and financial institutions offer customers support for Google Pay, so the 89 names added this week will probably feel like a grain in the sand.…
With short-form video app TikTok about to be banned in the U.S. starting in the middle of next month, a Harris Poll that was shared with USA Today found that 64% of adult Americans are against the presidential executive order that will end the app’s presence…
Move over T-Mobile, you’re no longer the only nationwide 5G network in town. AT&T announced Thursday that it has added 5G in 40 more markets; as a result, the country’s second-largest wireless provider now covers 205 million Americans with its 5G signal.…
Uber Technologies Inc on Friday said it would offer rides by the hour in some U.S. cities, a feature aimed at helping Americans with essential trips during the coronavirus pandemic. The option, which is already available in a handful of cities in Australia,…
After months of speculation, US coffee chain Blue Bottle has launched in Hong Kong. The modern coffee roaster is currently serving only takeaway coffee from its location in Lyndhurst Terrace due to restrictions on restaurant trading during the coronavirus…
A judge has ruled against a lawsuit filed by Huawei in the US relating to a ban on government personnel using the company’s devices. Huawei filed the lawsuit on the basis that the ban was “unconstitutional” back in 2018. Since then, Huawei has faced increased…
A Commerce Department spokesman said the agency had granted “narrow licenses to authorize limited and specific activities which do not pose a significant risk to the national security or foreign policy interests of the United States.” The administration…
Two months after entering the local market with food delivery services in Melbourne, DoorDash has expanded to Sydney and now covers more than 40 percent of the Australian population it says. Launched in the US in 2013, the platform is the market leader in…
Chinese fashion group EP Yaying is planning to expand beyond Asia by launching in the US and Australia by next year. The group is bullish about the increasing popularity of the Chinese culture-inspired fashion and believes it will resonate with foreign…
Chinese wooden-comb manufacturer Tan Mujiang has continued its international expansion with the opening of its first flagship store in the US. The store dubbed as H0006 is located at Flushing Main Street in New York City and carries combs made from natural…
Australian womenswear brand Forever New has launched a standalone e-commerce site in the US, catering to increased demand from local customers with around 50 new products dropping online every week. The website marks an expansion of the brand’s presence in…
