As LG exited the smartphone business, consumers never got to see the brand’s Velvet 2 Pro and LG Rollable phones. Yet a limited number of the phones were made and now tipster @FrontTron is reporting that LG employees in South Korea have the exclusive opportunity to purchase either of the unreleased devices. LG Velvet 2…
There’s no doubt that the pandemic has had a significant impact on the retail sector, with consumer habits shifting and many retailers having to move to an online environment. Interestingly, according to ONS figures looking at the overall retail sales over the last year, the impact of Covid-19 and its restrictions on the physical retail…
After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.36 apiece, which could see the firm raise up to about HK$26.4 billion or $3.4 billion, according to its new filing. JD.com, Alibaba’s e-commerce…
After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.36 apiece, which could see the firm raise up to about HK$26.4 billion or $3.4 billion, according to its new filing. JD.com, Alibaba’s e-commerce…
After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.36 apiece, which could see the firm raise up to about HK$26.4 billion or $3.4 billion, according to its new filing. JD.com, Alibaba’s e-commerce…
After operating in the red for 14 years, JD.com’s logistics subsidiary is getting ready for an initial public offering in Hong Kong. JD Logistics will price its share between HK$39.36 and HK$43.36 apiece, which could see the firm raise up to about HK$26.4 billion or $3.4 billion, according to its new filing. JD.com, Alibaba’s e-commerce…
UK-based 5G consortium 5PRING, which includes Telefónica and Deloitte, has partnered with local authorities in the West Midlands in the UK, a regional focus of the UK government’s developing 5G ‘testbed’ trials, to launch a new accelerator challenge to find new 5G applications for smart cities. 5PRING is part of the West Midlands 5G (WM5G)…
Pine Labs, a startup that offers merchants payments terminals, invoicing tools and working capital, said on Monday it has completed the first close of a $285 million funding as the nearly two-decade-old firm looks to expand its business. Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and Ward Ferry Management financed the new funding…
Colonial Pipeline on Thursday restored operations to its entire pipeline system nearly a week following a ransomware infection targeting its IT systems, forcing it to reportedly shell out nearly $5 million to regain control of its computer networks. “Following this restart, it will take several days for the product delivery supply chain to return to…
Google Cloud and SpaceX have secured a partnership to provide businesses with ‘seamless, secure’ access – through the former’s cloud infrastructure and the latter’s connectivity. Under the partnership, SpaceX will locate Starlink ground stations within Google’s data centre properties. This will provide a benefit of security, low latency, and reliable delivery of data from more…
