Saturday, September 25, 2021

Piaggio's India arm sets up first EV facility in Chennai

"We are happy to open our first EV exclusive showroom in Tamil Nadu at Chennai. Chennai being a big metro and a major business hub, inter-city transportation business is one of the major economic drivers," said Saju Nair, EVP and Head of Commercial Vehicle Business, Piaggio India Pvt Ltd. https://ift.tt/3ua7eFg

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...