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Indonesia online mall valued at $2.5b after landing investment

2nd lead bukalapak copy

Bloomberg PT Bukalapak.com raised capital from investors including Indonesian media giant Emtek and South Korea’s Shinhan Financial Group Co, a round of funding that valued the online marketplace at more than $2.5 billion. The Jakarta-based startup, which last month said it would cut about 10 percent of its workforce to focus on profitability, announced the transaction but wouldn’t provide more ...

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United Airlines doles out perks to plug 10-year gap of 10,000 pilots

United passengers jets at united domestic terminal in san francisco

Bloomberg United Airlines Holdings Inc is escalating efforts to recruit pilots with new financial perks and faster career advancement as the carrier faces the retirement of almost half its aviators over the next decade. The programme, dubbed Aviate, is designed to attract more staff for regional airlines that fly for United, which will then look to field a large portion ...

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France hits out at Dutch in Air France-KLM feud

Bloomberg The Netherlands has created an imbalance in the governance of Air France-KLM, a French government representative said, signalling a power struggle between the carrier’s two biggest shareholders remains unresolved. The Dutch government needs to treat the airline like a normal listed company and choose between holding a stake in the group or in the KLM unit, Martin Vial, head ...

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