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Dutch tech investor Prosus plans to acquire online travel agency Despegar.com for $1.7B, or $19.50 per share, to expand in Latin American, closing in Q2 2025 (Loni Prinsloo/Bloomberg)

Loni Prinsloo / Bloomberg : Dutch tech investor Prosus plans to acquire online travel agency Despegar.com for $1.7B, or $19.50 per share,...

30 April 2024

Huawei reports Q1 revenue up 37% YoY to ~$24.7B and net profit up 564% YoY to ~$2.7B, rising for the fourth consecutive quarter, buoyed by smartphone sales (Bloomberg)

Bloomberg:
Huawei reports Q1 revenue up 37% YoY to ~$24.7B and net profit up 564% YoY to ~$2.7B, rising for the fourth consecutive quarter, buoyed by smartphone sales  —  - Its smartphone shipments grew 70% in the first quarter  — The Shenzhen company is also offering AI chips to rival Nvidia

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