Alibaba Negotiating With Metro For A Stake In Later’s China Business

Negotiations are going on between Germany’s Metro and Chinese e-commerce giant Alibaba Group Holding Ltd for the Chinese company potentially taking up a stake in the German company’s China operations according to a report published by Reuters. The report however carried no comments from either Metro or Alibaba. According to the report quoting sources, the…

Huawei’s Ad Campaign In New Zealand Says Banning It Is Like Banning The All Blacks

Chinese telecom giant Huawei has equated the decision of New Zealand to leave it out of the process of construction of its 5G mobile network to the All Blacks being left out of a rugby tournament. This was communicated by the Chinese firm, the largest telecommunications equipment maker in the world, through full-page ads in…

Just Eat Should Merge With A Rival Instead Of Hiring A CEO, Demands Activist Shareholder

An activist investor of the British online takeaway service platform Just Eat is putting pressure on the company get merged with a rival instead of the company looking for and appointing a new chief executive. An open letter, demanding a merger with another online food delivery company within the next few months, was sent to…