The Chinese e-commerce leader is issuing bonds denominated in US-dollar and yuan to help repay debt and fund stock repurchases.
As Apple diversifies its supply chain beyond China, India is set to produce up to 25 per cent of the iPhones shipped this year.
Promotions from Chinese e-commerce platforms are infiltrating people’s lives across the region, where e-commerce is seeing explosive growth.
Beijing Yandong Microelectronics will take a controlling position with a 25 per cent stake, while other investors include display maker BOE Technology.
Net income surged 58 per cent to US$6 billion in the three months that ended in September, beating analysts’ estimates.
The world’s largest PC maker is planning more plants outside China amid threats from US president-elect Trump to impose 60 per cent tariffs.
Some see the collaboration allowing users to directly buy Amazon goods through the ByteDance-owned app as a way to make it harder to ban TikTok.
DingTalk was once a unit under Alibaba Cloud, but became a separate business last August amid the firm’s largest-ever corporate restructuring.
The Shanghai-based company recorded an adjusted net profit of 235.9 million yuan (US$33.6 million) during the third quarter.
The Shenzhen-based tech giant has grown to more than 108,800 employees, as nearly two years of downsizing comes to an end.
