Thursday, January 17, 2019

Alibaba raises $1bn in 85 seconds during Singles’ Day sale

Chinese internet giant Alibaba raked in $1bn (£780m) in just 85 seconds during yesterday’s Singles’ Day sale in China. The e-commerce company - China’s equivalent...

Dubai Holding Said to Buy Stake in Zara’s Middle East Operator

Dubai Holding LLC, the investment firm owned by the emirate’s ruler, agreed to acquire a minority stake in the operator of Zara clothing and...