Friday, September 3, 2021

JD.com's real estate unit has agreed to buy a controlling stake in China Logistics in a deal valuing the company at ~$2.1B, a 7% premium to Wednesday's close (Bloomberg)

Bloomberg:
JD.com's real estate unit has agreed to buy a controlling stake in China Logistics in a deal valuing the company at ~$2.1B, a 7% premium to Wednesday's close  —  - E-commerce giant agrees to acquire controlling stake  — Offer price is about a 7% premium to Wednesday close



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MediaTek unveils the Dimensity 9600 Pro, its first phone SoC on TSMC's 2nm node, and the 3nm 9600M, with boosted AI performance, as it competes with Qualcomm (Wen-Yee Lee/Reuters)

Wen-Yee Lee / Reuters : MediaTek unveils the Dimensity 9600 Pro, its first phone SoC on TSMC's 2nm node, and the 3nm 9600M, with boos...