Didi plans vote in May on delisting from NYSE
Didi said in a statement it will not apply to list its shares on any other stock exchange before the delisting of its American Depositary Shares from the New York Stock Exchange…
Corporate Buzz
SK Telecom’s digital remastering technology Supernova going global
Under the partnership, SK Telecom will recreate classic content owned by broadcasting stations or content producers, while Verimatrix will enhance the security of the remastered…
Netflix sales jump 52% in Korea
According to the filing with the Financial Supervisory Service, over 99 percent of Netflix Services Korea’s income came from monthly subscription fees excluding value added tax.
Tech majors Google, Meta register for e-trade VAT in Cambodia
A taxation department spokesperson said the implementation of the tax will help increase tax revenue and boost the national economy.
Sustainable aviation fuel taking off worldwide
Sustainable aviation fuel is derived from cooking oil, household garbage and other materials.
Indonesia tech giant GoTo soars on market debut
GoTo, the largest digital ecosystem in the archipelago nation of 270 million people, was formed by the merger of ride-hailing company Gojek and e-commerce platform Tokopedia in…
Samsung Electronics remains favorite pick among retail stock investors
The volume of Samsung stock purchase was followed by those of battery maker LG Energy Solution, drugmaker Ildong Pharmaceutical, shipping company HMM and internet giant Kakao.
Mitsubishi to enter green hydrogen business in Europe through Dutch subsidiary
Total investment in the project is expected to exceed ¥300 billion (US$2.42 billion), of which Mitsubishi will shoulder dozens of billions of yen.
South Korea’s Kakao unveils ‘stock as gift’ service
The company will allow people to buy stocks as gifts, and also open a stock trading service in KakaoTalk, letting users share their investment portfolios with friends and family.
Chinese battery giant dominates global EV battery market
In the first two months of 2022, Chinese battery maker Contemporary Amperex Technology provided 18.4 GWh of total EV battery installation worldwide, representing a 34.4% market…