Wednesday, June 22, 2022

Ant, Alibaba plan for less intertwined future after China crackdown

E-commerce giant Alibaba Group Holding created what would become payments and financial services provider Ant and spun it off in 2011, although it still retains a 33 percent stake and the two companies have some overlap in leadership.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...