
ByteDance told engineers of its app TikTok this week to make contingencies should it need to shut down its U.S. operations, even as it works toward divesting them, people familiar with the matter said on Thursday.
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ByteDance told engineers of its app TikTok this week to make contingencies should it need to shut down its U.S. operations, even as it works toward divesting them, people familiar with the matter said on Thursday.
Gymshark founder Ben Francis has seen his fast-expanding company valued at over £1 billion following the sale of a 21% stake in the firm to US-based private equity group General Atlantic.
EBay beat Wall Street estimates for quarterly profit on Tuesday and raised its full-year outlook, as the company benefited from a surge in online shopping by people staying indoors due to coronavirus-driven lockdowns.
The owner of Dr. Martens has entered the bidding war for a minority stake in fast-growing sportswear brand Gymshark, joining the group of private equity firms that have been circling the business.
'Portrait of an Artist' by Dior Men, as the Paris house focuses on the ideas art of Ghanaian-born painter Amoako Boafo, best known for his brilliant portraiture series, 'Black Diaspora.'
Fast-growing sports and athleisure brand Gymshark is in the sights of private equity investors although they would only be able to buy a minority stake, a news report said.
As news circulates about an imminent Chapter 11 bankruptcy filing from the historied American fashion retailer, potential buyers are reportedly preparing for a possible bidding war for the company.
Pinterest Inc on Tuesday said advertisers were slowing spending on the image sharing company due to the COVID-19 pandemic and reported a bigger-than-expected first-quarter loss as costs surged from new user additions.
A drop in Google ad sales steadied in April and some consumers returned to using the search engine for shopping in addition to finding novel coronavirus information, parent Alphabet Inc said on Tuesday.
Amazon will keep its six warehouses in France closed until at least April 22 after a stand-off with unions over sanitary conditions amid the coronavirus outbreak, it said on Sunday.