Founder of Chinese e-commerce firm Pinduoduo departs
Colin Huang, founder of the Chinese e-commerce firm Pinduoduo, stepped down as chairman Wednesday just as the company's annual user base surpassed that of rival Alibaba.
Mar 17, 2021
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Colin Huang, founder of the Chinese e-commerce firm Pinduoduo, stepped down as chairman Wednesday just as the company's annual user base surpassed that of rival Alibaba.
Mar 17, 2021
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American Express disclosed a pair of federal probes over its sales practices, according to a securities filing Friday.
Feb 13, 2021
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Crisis-hit Japanese carmaker Nissan on Tuesday upgraded its full-year forecast for the second straight quarter, as the global auto industry shows signs of recovery from the coronavirus pandemic.
Feb 9, 2021
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Japan Airlines said Monday it forecasts a larger-than-expected annual net loss of nearly $2.9 billion, as the aviation industry continues to struggle from the fallout of the coronavirus pandemic.
Feb 1, 2021
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Sales of electric vehicles in China rose 10 percent last year, data showed Wednesday, amid a post-pandemic economic recovery and a push to establish the world's largest auto market as a leader for green technology.
Jan 13, 2021
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Carmaker Ford said Monday losses exacerbated by the coronavirus epidemic would see it close its three factories in Brazil, where it has operated for a century, terminating some 5,000 jobs.
Jan 11, 2021
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Germany's key car market plunged in 2020 to its lowest levels since reunification, data showed Friday, with output and sales down dramatically due to the coronavirus pandemic.
Jan 8, 2021
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Online sales during Black Friday and Cyber Monday were expected to break records this holiday, and it appears Amazon was one of shoppers' key destinations.
Dec 1, 2020
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Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones.
Nov 28, 2020
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France will enforce a new digital levy for online technology giants this year, breaking a truce with Washington over the long-running tax fight that could prompt a round of punitive US tariffs on French goods.
Nov 25, 2020
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A sale is the pinnacle activity involved in selling products or services in return for money or other compensation. It is an act of completion of a commercial activity.
A sale is completed by the seller, the owner of the goods. It starts with consent (or agreement) to an acquisition or appropriation or request followed by the passing of title (property or ownership) in the item and the application and due settlement of a price, the obligation for which arises due to the seller's requirement to pass ownership, being a price the seller is happy to part with ownership of or any claim upon the item. The purchaser, though a party to the sale, does not execute the sale, only the seller does that. To be precise the sale completes prior to the payment and gives rise to the obligation of payment. If the seller completes the first two above stages (consent and passing ownership) of the sale prior to settlement of the price the sale is still valid and gives rise to an obligation to pay.
This text uses material from Wikipedia, licensed under CC BY-SA