Shopee was founded in 2015 in seven markets across Southeast Asia and has since expanded operations into 13 markets total. NurPhoto / Contributor / Getty images A 1,000-word internal staff memo outlines Shopee's 12-18-month plan to achieve self-sufficiency. The company's executive team will temporarily forgo cash compensation, per the memo. Once the darling of the […]
Tag: losses
U.S. Indexes Close With 2018 Losses
U.S. stocks rose on the final trading day of 2018, although punishing losses from recent months pushed major indexes to their steepest one-year decline since 2008.
Carlos Ghosn Re-Arrested on Suspicion of Shifting Personal Losses to Nissan
Nissan’s former Chairman Carlos Ghosn was re-arrested on suspicion of shifting personal losses to Nissan, derailing his plans for bail.
Stocks Extend Losses as Treasury Yields Decline
The Dow Jones Industrial Average fell more than 550 points as investors scrutinized the merits of a trade truce struck between the U.S. and China.
After 2 Losses, Priority Pass Adds a New Restaurant at LAX
After 2 Losses, Priority Pass Adds a New Restaurant at LAX Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site […]
Stocks Surge, Erasing Recent Losses
U.S. stocks surged, sending the Dow industrials up more than 500 points, as upbeat economic and earnings reports provided investors with new evidence that the domestic expansion remains on a strong footing.
Facebook Wins, Facebook Losses, and More Security News This Week
The Facebook breach, 3-D printed guns on Broadway, and more security news this week. https://media.wired.com/photos/5bae95f19d86a52d3f1d0229/master/pass/feds_watchin-FA-02.jpg
Joanna Jedrzejczyk outraged after question about Muay Thai losses to Valentina Shevchenko (VIDEO)
While UFC’s former strawweight champion Joanna Jedrzejczyk says she is ‘totally open’ to fight Valentina Shevchenko in the octagon, she gave quite the reaction when asked about her Muay Thai bouts with ‘The Bullet’. Polish MMA star Jedrzejczyk, who was in Moscow to attend the UFC’s debut event in Russia as a special guest, spoke […]
Uber narrows quarterly losses, still a long way from profit
(Reuters) — Uber Technologies said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving it can be profitable as it gears up to go public in 2019. Under the leadership of Dara Khosrowshahi, who became chief executive in September, Uber has juggled […]
Tribune ends Sinclair merger bid and files suit over losses
Today, Tribune Media announced that it is no longer interested in Sinclair’s $ 3.9 billion takeover. Furthermore, the company is filing suit against Sinclair for breach of contract, which asks for compensation for all of Tribune’s losses as a result of the breach. Sinclair wanted to purchase Tribune Media’s 42 stations in 33 markets, but […]