News


Ping An tightens grip on Autohome, directors resign

Ping An tightens grip on Autohome, directors resign

On Febr. 22 Yun Chen Capital Cayman, an affiliate of Ping An Group, acquired about 6.5 percent of the total issued shares of Australia's Telstra Holdings. The move pushed Yun Chen Capital Cayman's beneficial shareholding in Autohome Inc. to about 53.9 percent.


Fang drops plan to switch listing to Shanghai

Fang drops plan to switch listing to Shanghai

The deal is off! Fang Holdings (NYSE: SFUN), operator of Soufun.com, a leading real estate site in China, announced on Febr. 21 that it had shelved a plan to move its listing from the NYSE to Shanghai Stock Exchange (SSE) on mainland China, where the share would most likely have been given a higher valuation by investors.


Kinnevik sells Metro Sweden for a song

Kinnevik sells Metro Sweden for a song

Last week financier Mats Qviberg and his company Custos bought Metro Sweden from Kinnevik for a mere SEK 50 million ($5.5 million U.S.). The deal concerns only the Swedish part of Metro. Kinnevik remains owner of the international part - which is still for sale.


Firstbird releases app called Firstbird2Go

Firstbird releases app called Firstbird2Go

Firstbird, the Vienna-based recruiting-tech start-up, recently introduced its first app called Firstbird2Go. Firstbird is a software as a service (SaaS) platform that enables companies to generate candidate referrals from current and former employees, and business contacts.


Domain unbundling confirmed, as H1 revenue rises

Domain unbundling confirmed, as H1 revenue rises

Greg Hywood, chief executive and managing director of Fairfax Media, confirmed today that the unbundling of Domain Group, its real estate business, from Fairfax Media, will go ahead, and that Antony Catalano will be CEO of the listed Domain Group.



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