TikTok’s Chinese owner appears to be slow-rolling negotiations for sale: report
China is likely to take a hard-line approach, letting TikTok’s US operations die rather than approving a saleSHORT video app ...
Tag: Owner
China adds Calvin Klein owner and Illumina to blacklist
CHINA placed Calvin Klein owner PVH and US gene sequencing company Illumina to a so-called blacklist of entities, among a ...
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning – The Business Times
TIKTOK owner ByteDance on Wednesday (Jan 22) released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s ...
Japan flags foreign takeover of 7-Eleven owner as a national security issue
A POTENTIAL foreign acquisition of Japanese retail giant Seven & i would be “heavily related” to national security, Japan’s Economy ...
Godiva’s Turkish owner to sell marinas to focus on core business
YILDIZ Holding, the Turkish conglomerate behind Godiva chocolates and McVitie’s biscuits, will sell its marinas to focus on its core ...
Hershey’s main owner rejects Mondelez’s offer as too low
THE main owner of US chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International, sources familiar with ...
Zara owner Inditex’s sales growth slows as holiday shopping begins
INDITEX, the owner of Zara, reported slower sales growth at the outset of the crucial holiday shopping season. The Arteixo, Spain-based ...
Club Med owner shares jump 83% after Hong Kong take-private offer
FOSUN Tourism Group shares saw their biggest jump on record in Hong Kong, after the owner of luxury resort chain ...
Couche-Tard not giving up on bid to acquire 7-Eleven’s owner
CANADIAN convenience store and fuel retailer Alimentation Couche-Tard remains committed to snapping up its Japanese rival Seven & i Holdings ...
Temu owner PDD misses revenue and profit estimates as consumers struggle
DISCOUNT e-commerce player PDD Holdings fell short of market estimates for third-quarter revenue and profit on Thursday (Nov 21), as ...
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