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Alibaba unit to hire 2,000 graduates as Big Tech crackdown eases

BLOOMBERG Alibaba Group Holding’s e-commerce arm in China is hiring more than 2,000 graduates amid record youth unemployment and as authorities eased their regulatory crackdown on technology platforms. Taotian Group, the unit which includes Taobao and Tmall, is recruiting the graduates for a range of roles including design, product and data, according to a post on its official recruitment Wechat ...

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iPhonemaker Hon Hai cuts outlook after mobile demand sags

BLOOMBERG Hon Hai Precision Industry Co now expects 2023 sales to fall after previously forecasting flat revenue, sounding a warning about demand for the devices it makes for Apple Inc and other global firms. Taiwanese company now expects most of its main business segments, including smartphones, to contract “slightly” this quarter and over the entire year, as global economic malaise ...

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Ola offers e-motorbikes, cheap e-scooters to phase out gas rides

BLOOMBERG Ola Electric Mobility Pvt is expanding its electric two-wheeler lineup — with its first motorbike and cheapest scooter yet — as it seeks to lure buyers away from gasoline-fueled transportation. The Bengaluru-based startup unveiled four premium electric motorbikes, with sales and deliveries starting in December, at an event at its Ola Future Factory in the southern state of Tamil ...

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