Friday, February 12, 2021

Business News

Business is the activity of making one's living or making money by producing or buying and selling product (such as good and services). Simply put, it is "any activity or enterprise entered into for profit.

india whatsapp

India has Local Version of ‘WhatsApp’

India finally has a local version of WhatsApp. Reportedly, the platform called Sandes has already been piloted by local government officials. They use the Government Instant Messaging System or what is called Sandes. GIMS has an official website. It's on...

Photo by Yogesh Pedamkar at Unsplash

Lousy Revenue, Coca-Cola Hopes for a Better 2021

After bleak sales in 2020 caused by COVID-19 pandemic, Coca-Cola is putting all its hopes for 2021. Though COVID-19 pandemic's aftereffect might still linger, aims to return to organic revenue and beat Wall Street estimates. Coca-Cola's shares also surged after...

dollars gold

Moving On from Bitcoin, Tesla Ready to Buy Gold

In today's trading, Wednesday (10/2/2021) the world gold price has increased. Fiscal stimulus plans for the United States have seen this precious metal rise in price. Rumor says that Tesla will start buying gold after this electric car manufacturer buys...

tesla bitcoin

Tesla Inc Buys $1.5 Billion Bitcoin, What For?

Tesla Inc announced on Monday (8/2/2021) that it had bought bitcoin worth US $ 1.5 billion. In a filing with the US Securities and Exchange Commission, Tesla laid out the reasons behind the move. "Companies buy bitcoin to encourage diversification...

clubhouse

Chinese User Gaggle to US Chat App Clubhouse

Last week, users from China gaggle this audio-based application Clubhouse. This app can discuss a series of topics that were taboo in China, from Taiwan to Xinjiang. Quoting Bloomberg, Monday (8/2/2021), to join the conversation, users must first be invited...

Hyundai Calls off Tie-Up With Apple

Hyundai is finally clearing up the rumours circulating between the company and iPhone developer, Apple. Following the news, Hyundai shares suffer from a drop. Similarly, Hyundai's affiliate Kia Corp shares also tumbled upon the news. Hyundai: no plan to develop...

Photo taken from Bumble official website

Things to Note on Bumble IPO Next Week

The long-anticipated IPO of Bumble is expected to proceed next week. The dating app is targeting to raise as much as $1 billion through the IPO. Bumble itself has been receiving praise for its different approach and initiatives. More about...

Photo taken from Kuaishou official Twitter account (@KuaishouVideo)

Kuaishou Gains Its Momentum Through IPO Debut

Despite its lack of presence on the global market, Kuaishou's public offering debut in Hong Kong is receiving a massive response. Douyin and TikTok's biggest rival, Kuaishou is raking in billions from its IPO. IPO leverages Kuaishou shares nearly thrice...

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