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Tag: financials

Posted on 14/05/2024

UPDATE 1-Uber to buy Delivery Hero’s foodpanda business in Taiwan for $950 mln

Ride-hailing company Uber will acquire Delivery Hero's foodpanda branded takeaway business in Taiwan for $950 million in cash, the companies said on Tuesday. Germany's Delivery Hero plans to ...

Posted on 14/05/2024

Uber Eats to Acquire Delivery Hero’s foodpanda Delivery Business in Taiwan

Uber Technologies, Inc. (NYSE: UBER) and Delivery Hero SE (FSE: DHER) have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash. The ...

Posted on 14/05/2024

Central bank has AI in its intervention corner

TAIPEI: As a strong US dollar drives up currency volatility across Asia, an artificial intelligence-fuelled tech boom has offered Taiwan some reprieve.

Posted on 14/05/2024

AI “Sweet Spot” Lifts Taiwan’s Main Stock Index To Record High

Among a slew of stock gainers in the past year, U.S.-traded shares in chipmaker Taiwan Semiconductor Manufacturing, or TSMC – whose clients include AI chip heavyweight Nvidia and Apple — on Friday ...

Posted on 13/05/2024

Saving 70% of water – New Irrigation System Revolutionizes Farming in Tropical Regions

In conclusion, AgriGaia's Underground Irrigation System represents a significant step towards sustainable agriculture in tropical regions, offering a promising solution for water conservation, soil ...

Posted on 13/05/2024

‘Impossible to buy a home’: Taiwan’s young workers struggle as wealth inequality grows

They want the new government to prioritise tackling stagnant wages and soaring housing prices. Read more at straitstimes.com.

Posted on 11/05/2024

Dow Jones Near Highs As Inflation Reports Loom; Taiwan Semi In Buy Zone, Tesla Round-Trips

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Inflation data will be key in the coming week.Please watch the video at Investors.com - This Consumer Giant ...

Posted on 11/05/2024

Taiwan banks’ SME loans rise to $303.6b in March

The NPL ratio remained at 0.24%. Loans extended by domestic banks in Taiwan to small and medium enterprises (SMES) amounted to about $303.6b (NT$9.86t) in March, rising by $1.73b (NT$56.2b) compared ...

Posted on 11/05/2024

Dow Jones Futures Rise; Nvidia’s Chipmaker, Taiwan Semi Rallies On Sales Surge; 5 AI Stocks Near Buy Points

Dow Jones futures rose modestly Friday morning, along with S&P 500 futures and Nasdaq futures. Nvidia chipmaker Taiwan Semiconductor reported strong April sales.Please watch the video at Investors.com ...

Posted on 11/05/2024

Chinese EV maker Zeekr’s shares indicated to open up to 24% above IPO price

Shares of Zeekr Intelligent Technology were indicated to open up to 24% above their initial public offering price on Friday, giving the China-based electric-vehicle maker a potential fully diluted ...

Posted on 11/05/2024

China Market Update: Hong Kong Gains, Zeekr Files For US IPO, Week In Review

Asian equities were mixed but generally higher overnight as Hong Kong, Taiwan, and Japan outperformed while the Philippines and Malaysia closed lower.

Posted on 11/05/2024

Capital Markets Update Panel from IPO Edge Bootcamp at Nasdaq

IPO Edge is pleased to provide video highlights of the IPO Edge Bootcamp, which was held on May 6 at the Nasdaq MarketSite. The event featured an assembly of experienced […] ...

Posted on 11/05/2024

Taiwan Semiconductor sales jump nearly 60% YoY on AI demand

Taiwan Semiconductor Manufacturing Company (TSM) shares are rising after the company reported that its sales jumped nearly 60% year over year. Yahoo Finance Tech Editor Dan Howley joins The Morning ...

Posted on 10/05/2024

Outdoor apparel sector funds renewable energy access in Taiwan

The first project funded by the European Outdoor Group (EOG)'s Impact Accelerator Fund (IAF) aims to increase access to renewable energy in Taiwan, which is a key manufacturing hub for the outdoor ...

Posted on 10/05/2024

Taiwan’s Gogoro reports NT$2.26 billion in Q1 revenue

TAIPEI (Taiwan News) — Taiwan’s electric scooter maker and battery swapping infrastructure provider Gogoro announced its first quarter financial results on Thursday (May 9). Gogoro reported Q1 revenue ...

Posted on 10/05/2024

Acer Announces April Consolidated Revenues at NT$17.85 Billion, Marking 10 Months of Consecutive YoY Growth

Acer Inc. (TWSE: 2353) announced its consolidated revenues for April at NT$17.85 billion with 29.1% growth year-on-year (YoY), and achieving 10 consecutive months of YoY growth. Consolidated revenues ...

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