Nandika Chand

36 POSTS

Porsche sees profitability in EVs

German automobile manufacturer Porsche sees potential and profitability in electric vehicles. Lutz Meschke, Porsche’s chief financial officer, sees more potential to raise the prices of EVs than its combustion engine models. He believes the EV ma...

Chinese smartphone brand Xiaomi continues to lead Indian market: Report

Despite a government crackdown on Chinese companies and products, Chinese smartphone brands continue to lead the Indian market. According to a Canalys report, Xiaomi retained its market-leading position. The company shipped 7.0 million units irrespe...

Amazon to acquire One Medical for $3.9 billion

Global e-commerce giant Amazon is set to acquire One Medical for $3.9 billion - that is $18 a share. One Medical is a human-centered, technology-powered national primary care organization. It wants to make quality care more affordable and accessible...

Mattel to create and market toys inspired by SpaceX’s launch vehicles

Mattel and SpaceX have reached a multi-year agreement wherein the global toy company will create and market toys inspired by SpaceX’s launch vehicles. The first set of products will be released in 2023. This would be part of Mattel’s Matchbox line o...

Headphone giant Dongguan Koppo Electronics to shut down as clients fail to make payments

Dongguan Koppo Electronics Co., a major Bluetooth headphone maker, is to shut down operations for good as a number of cross-border e-commerce clients have failed to make due payments. Hit by economic headwinds, supply chain disruptions, and trading ...
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