Walmart ties up with Microsoft on TikTok

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Source: Dukascopy Bank SA
Walmart has collaborated with Microsoft in the softmaker developer's bid to acquire the Bytedance-owned short video app TikTok, according to a CNBC report seen on Thursday.
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Thu, 27 Aug 2020 17:42:12 GMT

Abercrombie unveils surprise profit results

Abercrombie & Fitch posted a better-than-expected quarterly profit of $5.5M, after cutting its costs and benefiting from the online orders surge during the pandemic, sending the firm's shares up 9%.

Thu, 27 Aug 2020 16:09:12 GMT

Xpeng Motors IPO accumulates $1.5B

As the investors are showing high interest in the electric car companies, the Chinese electric vehicle manufacturer Xpeng Motors raised $1.5B from its New York IPO, surpassing the expectations.

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