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Imqs Eco-Bags Pack In More B2B and Direct-to-Consumer Sales
When Chinas largest artificial intelligence  AI  company begins trading on Thursday  Dec. 30  on the Hong Kong Stock Exchange, SenseTime, ticker HK:0020, will be the first overseas initial public offering  IPO  by a well-known Chinese technology stanley cup  unicorn since Didis July listing in New York.The IPO will be offered at HK$3.85  49 cents  per share, selling a potential 1.5 billion shares and raising HK$5.55 billion  $700 million , which is at the low end of the price range. The company has an estimated valuation of more than $16 billion, according to reports.See also: South Korean Unicorns Spark Interest in IPOsSenseTimes IPO route was circuitous and full of regulatory and political detours that ultimately put it o stanley de n a dead-end road after being blacklisted by  stanley ca the U.S. on Dec. 10. The firm was blacklisted for allegedly developing facial recognition tools that can determine a targets ethnicity, with a  focus on identifying ethnic Uyghurs  according to a U.S. Treasury press release regarding the sanctions.Days later, SenseTime relaunched its IPO process with cornerstone investors upping the ante to $512 million from $450 million, and filed a supplemental prospectus for the listing, according to the filing. The cornerstone backers will buy shares equivalent to $511.6 million, about 67% of the offering, per the prospectus. U.S. investors are excluded from participating.The cornerstone investors included state-backed Mixed-Ownership Reform Fund and the Shanghai Xuhui Capital Investment  Eznd Shopping App Wish Gets $300M At $11.2B Valuation
European policymakers are fighting over how financial messaging information from the SWIFT network can be used to fight terrorism, and who gets to use it, EU Observer reported.On Thursday  Jan. 8 , members of the European Parliament debated what to do about an agreement under which Europol, the EU   police agency, shares SWIFT financial data with U.S. government agencies. Their concern: that antiterrorist information-sharing agreement is ignoring the data-protection rights of EU consumers.But the European Commission, the EU   executive body, defended both the agreement and a secrecy order that prevents Europol from disclosing reports from the U.S.-EU Terrorist Finance Tracking Program  TFTP . A commission official said the report contains classified data supplied by the U.S. under the condition that it won ;t be publicly released.EU ombudsman Emily O ;Reilly told the Parliament   civil liberties committee that the situation amounts to giving the U.S. a veto over the democratic oversight of EU institutions.The TFTP deal, which the European Parliament signed off on in 2010, gives the U.S. Tre stanley fr asury Department access to data on Europeans ; financial transactions through SWIFT in a bid to iden stanley quencher tify terrorist financing. Europol hands over the data after making sure each request complies with the terms of th stanley deutschland e TFTP pact.But Europol   Joint Supervisory Body, which audits that process, has said most of the data transferred concerns people who are n

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Roxh Colorado Smokes Up $120M In Cannabis Sales In November
In China, eCommerce livestreaming is a huge revenue generator. As the country increases its regulatory scrutiny of eCommerce companies, such livestreaming has become the latest target.The State  stanley termos Administration of Market Regulation  SAMR , Chinas market regulator, has increased its scrutiny of livestreaming eCommerce platforms, Reuters reported on Tuesday  March 16 . The regulator cited concerns about poor quality products and misleading advertising as internet influencers s stanley quencher ell goods directly to consumers.Without naming names, the SAMR said that it had met with several livestreaming eCommerce companies, which had presented self-disciplinary measures. Per Reuters, the regulator said that all livestreaming platforms should  quickly conduct self-control and comprehensive inspections  on product quality, and should punish platforms that sell sub-par-quality items.The regulators actions come amid the increased popularity of livestreaming eCommerce platforms run by internet giants such as Alibabas Taobao, ByteDances short video app Douyin and Kuaishou, which offers a short video and social media platform.Tencent and Baidu, another tech company, were fined 500,000 yuan each for past acquisitions and investments聽the stanley cup y have made without seeking regulatory approval.In the U.S., the use of social media to buy and sell goods and services is ramping up. The most notable player is Facebook and its photo-sharing brand Instagram.The latest company to make a move is TikTok, which has briefed adv Qbib Dynamic Routing Boosts Merchant Conversion Rates and Customer Loyalty
While the rest of the retail sector   growth is sluggish, electronic shopping continues to pick up steam, according to new U.S. Census Bureau statistics. Going by the聽County Business Patt stanley termohrnek erns: 2012, the number of electronic and mail-order shoping establishments grew by around 27 percent during 2012, from just under 24 thousand in 2011 to just over 30,000. Employment in the sector also ticked up, nearly 14 percent year-over-year.Unlike traditional stores, which are located throughout the country, online shopping establishments and jobs are in concentrated areas, 8 stanley us 221; said William Bostic Jr., the Census Bureau   associate director for economic programs.Reversing a four-year decline, the data show  stanley mugs that the total number of U.S. businesses with paid employees grew by more than 77,000 establishments to 7.4 million in 2012, an increase of 1.1 percent from 2011.The gains in electronic and mail-order based shopping were strongly regionally tethered in the U.S., according to the Census Bureau. The greatest employment increases in electronic shopping and mail-order houses were concentrated in counties within Southern California, the New York metro area, Chicago metro area, and other smaller metro areas such as Memphis, Tenn.  Shelby County , Las Vegas  Clark County . Whats Hot  is aggregated content. PYMNTS claims no responsibility for the accuracy of the content published by the original source.