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Search results for “BusinessWeek”
SoftBank invests $250 million in Uber competitor GrabTaxi
12/04/2014
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5:04:00 PM
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SoftBank Corp. invested $250 million in GrabTaxi Holdings Pte as the cab-booking service fends off competition from Uber Technologies Inc. in Southeast Asia.
Ctrip Plunges in New York on Profit Margin Concern
12/01/2014
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5:04:44 PM
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Ctrip.com International Ltd. (CTRP), China’s largest travel booking website, tumbled the most in 10 months in New York after saying increased competition is eroding profit margins.
Economy Slides in Gambling Hub of Macau Amid Xi Austerity Drive
12/01/2014
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9:45:01 AM
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The Chinese gambling hub of Macau reported its first year-on-year economic contraction since 2009 in the third quarter.
Chow Tai Fook Plots New Grounds to Chase China’s Tourists
11/28/2014
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5:08:57 PM
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Chow Tai Fook Jewellery Group Ltd. (1929) plans to open new stores outside its main markets in Hong Kong and China, as it chases its Chinese customers outside familiar territory.
Uber Said Close to Raising Funding at Up to $40B Value
11/26/2014
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4:41:25 PM
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Uber Technologies Inc. is close to raising a round of financing that would value the mobile car-booking company at $35 billion to $40 billion, according to people with knowledge of the situation.
Embraer Shifts to China Startups to Sell Smallest Jets
11/20/2014
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3:22:58 PM
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With pilots in short supply, the major Chinese airlines have focused on operating full-size planes, according to Guan Dongyuan, the China president for Embraer.
Uber May Need Adult Supervision as Controversy Builds
11/20/2014
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2:59:17 PM
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Uber in August hired David Plouffe who now directs communications at the startup. The deepening debate suggests that Kalanick might need even more experienced hands to guide him and the San Francisco-based company, which is the most highly valued technology startup in the U.S.
Uber to Roll Out Rewards Plan for Drivers After Protests
11/20/2014
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2:42:27 PM
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Uber Technologies Inc. rewards plan called Momentum includes a health-care recommendation tool and discounts.
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