JD.Com's unit taps lenders for potential IPO

Source: Dukascopy Bank SA
JD.com's logistics unit has entered early talks with banks over its potential overseas initial public offering that could attract $8B to $10B, according to Reuters.
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Mon, 23 Dec 2019 14:03:51 GMT

Italy wants Huawei to keep its 5G role

Huawei, the Chinese telecoms giant, should be allowed to participate in the future of 5G network in Italy, the country's industry minister stated after the parliamentary committee urged Rome to ban the company.

Mon, 23 Dec 2019 11:43:56 GMT

SoftBank's talks on WeWork financing stall

SoftBank Group's talks on securing $3B from Japan's three largest banks stalled due to the lenders hitting internal lending limits, complicating a $9.5B rescue package for the workspace sharing provider WeWork.

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