Wlev The Social Commerce Emerging Market Share
Only two weeks after Chief Executive Elon Musk indicated that聽Tesla聽was not looking to bring in more capital, the electric automaker says it intends to have a $2 billion common stock offering. Larry Ellison will purchase as much as $1 million, while Musk will purchase as much as $10 million in shares in the offering,聽CNBC聽reported.Musk said two weeks ago that the company did not intend to raise more funds as it was spending money, I think, efficiently, and were not artificially limiting our progress. He also noted, It doesnt make sense to raise money because we expect to generate cash despite this growth level. Musks thoughts were reportedly mirrored by Zachary Kirkhorn, CFO, during the firms Q4 earnings report. The firm, however, has had many significant expenses in the year like new factories in Berlin and Shanghai, as well as big investment in battery and self-driving technologies.聽聽In an announcement, the electric automaker said聽that it intends to
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stanley canada further strengthen its balance sheet, as well as for general corporate purposes. Morgan Stanley and Goldman Sachs Co. LLC are serving as lead joint book-running managers.聽BofA Securities, Credit Suisse, Citigroup, Barclays, Wells Fargo Securities and Deutsche Bank Securities are serving as additional book-running managers, with Societe Generale functioning as co-manager.Teslas shares dropped as much as 6 percent in premarket trading and opened lower after the announcement. The Cyrs Burberry Opens Social Currency With Tencent Partnership
China largest payment and clearing network, UnionPay, is looking to enhance the cross-border consumer experience with the launch of its YouJiHua
kubki stanley marketing platform.In what the company calls the first open cross-border marketing platform created by a bankcard scheme, UnionPay and its partners will use YouJ
stanley mug iHua to deliver instant discounts and accurate marketing for cross-border consumption.In a press release on Wednesday July 6 , Ge Huayong, chairman of China UnionPay, explained that YouJiHua can be used in two ways by cardholders: by obtaining a QR code di
stanley mugs scount coupon via the UnionPay, BOC and China Merchants Bank mobile apps or by receiving the promoted discount coupons through the apps of partner travel agencies when booking air and hotel travel.UnionPay said YouJiHua is aimed at establishing a more precise marketing model, developing a new business model by allowing issuers, acquirers, travel agencies and merchants to operate within the same industry chain and improving the overall experience of cardholders.The YouJiHua platform adheres to the win-win cooperation and sharing growth core value that UnionPay follows, Huayong added.To keep up with the accelerating growth of Chinese tourists spending abroad, UnionPay announced earlier this year that it is quickly expanding its QuickPass business overseas.The payment giant equipped nearly 180,000 POS terminals in Hong Kong, Macao, Taiwan, South Ko
