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...Amazon founder Bezos sold 50mn shares worth $8.5bn in the ecommerce group in February....
...consumer companies such as Alibaba, Ford said emerging markets’ growing demand for infrastructure such as energy transmission reminded him of investment opportunities created by the rise of smartphones and ecommerce...
...The deal reflects how private equity has sought to gain broad exposure to the sports world, taking ownership stakes in clubs and leagues and financing media platforms, new stadium projects and broad ecommerce...
One of the world’s richest men discloses his latest sales as part of pre-planned disposal
...Shleifer was one of Tiger’s first hires and marshalled investments into booming Chinese technology companies, including ecommerce groups such as JD.com and Ctrip.com....
...“Private equity backing is a clear growth accelerator and investment opens opportunities for acquisition, funding technology and other innovations,” said Anton Colella, Moore Global chief executive....
...Xiaohongshu or “little red book”, China’s answer to Instagram, has made its first profits as advertising and ecommerce revenues ramp up....
...The ecommerce group’s deal comes as part of a restructuring for Diamond Sports Group, which is aiming to leave bankruptcy protection; its collapse sparked a media rights crisis that spooked US sport....
...On Shleifer’s watch, the private equity unit earned large windfalls from early bets on Chinese ecommerce groups JD.com and Meituan, and ride- hailing app Didi Chuxing....
...Jack Boyle, a senior executive at ecommerce group Fanatics, which sells Inter Miami jerseys and other sports merchandise, said Messi’s impact on the club would outlast his playing career....
...The company competes against larger rivals such as Adidas and Nike but also the likes of US billionaire Michael Rubin’s Fanatics, an ecommerce group valued at $31bn last year....
...Then, internet companies including fintech, delivery and ecommerce services were all the rage, enjoying record listing sizes, only for their shares to sink soon after over concerns about profitability....
...The group also said it had sold its last remaining stake in Flipkart to Walmart for $1.4bn at a valuation of $35bn, taking overall gains from its investment in the Indian ecommerce company to $3.5bn....
...THG’s shares jumped more than 40 per cent on Monday after the ecommerce retailer revealed it had received a takeover bid from Apollo....
...In a speech here in Dubai yesterday, António Guterres spoke in withering terms about the Global Decarbonisation Accelerator (GDA) that was announced on Saturday....
...AI was the “primary driver” of the higher costs, she added, as Alphabet adds data centre capacity, buys GPUs and invests in its own TPU accelerator chips....
...There have been reports for weeks that the FTC is moving closer to filing a long-awaited lawsuit against Amazon’s ecommerce operations....
...Garry Tan, the chief executive of start-up accelerator Y Combinator, wrote that “Bob Lee’s death is a tragedy and huge loss for the tech community and for San Francisco....
...THG has ended talks with Apollo about a possible takeover, saying the US private equity group’s proposal undervalued the London-listed ecommerce company whose shares have plunged more than 80 per cent since...
...Throw in £500mn for its ecommerce technology and the enterprise value would shoot up to £3.7bn — more than double what it was on Monday morning....
...On Friday, Apollo said it did not intend to make an offer for THG after engaging in talks with the London-listed ecommerce company in the previous weeks....
...Last week, Matt Moulding’s ecommerce business THG said it had ended talks with Apollo about a possible takeover....
...But SoftBank’s large interest in Chinese ecommerce giant Alibaba caused US regulators to rule in 2018 that the two firms could not be integrated....
...The Chinese ecommerce behemoth’s shares had been hammered by Beijing’s crackdown on tech, leaving SoftBank to sell most of its holding at prices on a par with where Alibaba opened for trading in New York...
...Ecommerce platforms Shein and Temu are inundating the US with $7 dresses and $3 backpacks sourced from mainland factories....
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