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Intellasia East Asia News SEOUL--(BUSINESS WIRE)--$CPNG--Coupang, Inc. (NYSE: CPNG) today announced financial results for its first quarter ended March 31, 2021.
Key Financial and Operational Highlights
Total net revenues increased 74% on a reported basis and 63% on a consta...
Italy is pushing EU partners to revive migrant burden-sharing deals as it seeks to stave off a summertime surge in landings from North Africa, Prime Minister Mario Draghi said Wednesday.
In January, before President Trump left office, Chinese electronics company Xiaomi was added to a blacklist by the U.S. Department of Defense (DoD) following its classification as a "Communist Chinese military company." That decision has now been reversed.
Xiaomi responded to the blacklisting by filing a lawsuit where it denied the allegations it had ties to the Chinese military or was a Communist Chinese military company. As Bloomberg reports, a federal judge in March sided with Xiaomi and blocked the restrictions from being imposed.
As The Verge reports, it looks as though the U.S. governmen...more
The European Medicines Agency (EMA) has said it has seen “promising evidence” that mRNA Covid-19 vaccines would be able to “neutralize” the Indian variant of the virus, and it is monitoring the situation closely.
The B.1.617.2 variant, which was first detected in India in October, has contributed towards the country’s devastating second wave of Covid-19 infections throughout April and into May.
Some hospitals have been pushed to breaking point by the admission of Covid-19 patients and have run out of supplies of oxygen to treat those with breathing difficultie...more
The United States warned Wednesday that Beijing would use the Winter Olympics to gloss over abuses as it slapped sanctions on another Chinese official over treatment of the Falun Gong.
Austria's Matthias Schwab continued his impressive run on the European Tour on Wednesday as an opening six-under 66 handed him a one-stroke lead at the British Masters.
Huawei Chief Financial Officer Meng Wanzhou and her legal team are set to return to court for three more weeks of extradition hearings starting Aug. 3, following a fourth attempt by Meng’s lawyers to introduce new evidence, a Canadian court heard on Wednesday.