Friday, June 26, 2020

Lazada, Alibaba's SE Asian arm, named its third CEO in three years; sources say company's middling performance after losing ground to rival Shopee led to change (Reuters)

Reuters:
Lazada, Alibaba's SE Asian arm, named its third CEO in three years; sources say company's middling performance after losing ground to rival Shopee led to change  —  SINGAPORE (Reuters) - Southeast Asian e-commerce firm Lazada, a unit of Alibaba Group Holding Ltd (BABA.N) …



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...