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2022 Beijing Olympics: Alibaba Creates Virtual Idol to Promote Merchandise

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Chinese e-commerce giant Alibaba has released a virtual idol promoting the 2022 Beijing Olympics, riding on a trend that has swept China.Named "Dong Dong,"...
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Quess Corp likely to appoint new CEO from within its top leadership team

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Pune: Suraj Moraje, the MD and CEO at Quess Corp, is likely to step down at the Bengaluru-based Fairfax-controlled business solutions provider after...
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Uber Sees Recovery in Ride Demand, Reports Quarterly Profit

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Uber on Wednesday reported its second quarterly operating profit as demand for its ride-hailing service approached pre-pandemic levels and its food delivery business...
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Microsoft unveils new app store guidelines as it woos regulators on deal

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Washington: Microsoft Corp on Wednesday announced a new set of principles for its app store, including open access to developers who meet privacy...
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Samsung unveils new phones as premium market share shrinks

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Samsung is trying to reclaim lost ground in the coveted high end of the smartphone market with a new lineup of Galaxy S...
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Home decor startup Spacejoy raises $4 million in funding led by Accel

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Mumbai: Home decor and furniture ecommerce platform Spacejoy has raised $4 million in a funding round, led by Accel. TI Platform and TiE SoCal...
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Samsung ends Note and bets big on foldables to take on Apple iPhone

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Samsung Electronics Co. is making the biggest change to its smartphone strategy in years by reorganizing...
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Big Tech firms play it safe, await clarity before adjusting India taxes

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Large US multinationals such as Google, Facebook, Twitter, Amazon, and Apple have decided not to create deferred tax assets or capitalise them in...
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Oyo may downsize IPO; exclusive chat with Nykaa CEO

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In October, we reported that Oyo Hotels & Homes had filed preliminary documents for a $1.2-billion initial public offering. But market conditions have...
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Focus is on fundamentals, not valuation, says Nykaa CEO Falguni Nayar

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Omnichannel beauty retailer Nykaa’s parent FSN E-Commerce Ventures reported a 59% drop in net profit to Rs 29 crore for the quarter ended...
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