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Tag Archives: Parent

War Of Attrition Continues As Shopee’s Parent Firm Loses S$2.1B – What Does It Mean For SEA?

Another Godzilla movie is about to launch later this month, but it looks like we’re witnessing a battle of quite real monsters in the e-commerce market in Southeast Asia today. Shopee’s parent company, Sea Ltd., recently posted its financial results for 2020 and they make for an interesting reading. Despite …

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Why Tencent is looking to buy Warframe parent company Leyou

VB Transform The AI event for business leaders Hosted Online July 15 – 17 Learn More Take the latest VB Survey to share how your company is implementing AI today. After rumors surfaced that Sony was considering acquiring Hong Kong gaming company Leyou Technologies, the focus is now shifting to …

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Zara’s Parent Company To Close Up To 1,200 Stores Globally By 2021

Spanish multinational clothing company Inditex — which is also the parent company of Zara and other fashion brands such as Massimo Dutti, Pull & Bear and Bershka — announced today that it will close up to 1,200 smaller stores by 2021. This is following the firm’s first loss after the …

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TikTok’s Parent Company Bytedance Is Hiring – About 100 New Roles Are Available In S’pore

With the economic impacts of COVID-19, many companies are having to cut jobs, reduce salaries, or put employees on no-pay leave. In contrast, however, Chinese Internet giant and TikTok’s parent company ByteDance is on a hiring spree. It aims to reach 100,000 staff globally by the end of 2020 by …

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