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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Sources: Meta plans to add facial recognition to its smart glasses as soon as 2026, and considers letting the glasses identify people with public Meta accounts (New York Times)

New York Times : Sources: Meta plans to add facial recognition to its smart glasses as soon as 2026, and considers letting the glasses id...