Wednesday, December 2, 2020

FedEx has agreed to buy e-commerce shipping service ShopRunner, which will operate as a subsidiary of FedEx Services, for an undisclosed sum (Thomas Black/Bloomberg)

Thomas Black / Bloomberg:
FedEx has agreed to buy e-commerce shipping service ShopRunner, which will operate as a subsidiary of FedEx Services, for an undisclosed sum  —  FedEx Corp. has agreed to acquire ShopRunner, an e-commerce service that provides shipping for more than 100 brands, as the courier seeks to deepen its ties with online shoppers.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...