The MoneyGram acquisition is designed to bring more U.S. sellers into the Alibaba ecosystem.
Should JD.com invest in Tokopedia, it’ll be following Alibaba’s taking control of Lazada Group SA
Son is a master salesman and looks once again to have had his way.
Jack Ma has offered a price that he should have three months ago.
Many investors will spend Tuesday gazing at Toshiba and asking, “will they or won’t they?” — delay earnings again, that is.
Talk about FOMO. As much as we may think venture capitalists are crazy to keep pouring kerosene on the global ride-hailing wars, a quick look at the shenanigans on China’s bike-share battlefield makes you wonder where the insanity stops. Matrix Partners, Citic Private Equity Funds Management Co., Macrolink Group, Warburg… Read more »
You can thank Travis Kalanick for Baidu Inc.’s strong earnings Friday. If it weren’t for the chief executive officer of Uber Technologies Inc. being pragmatic about his China business and selling to Didi Chuxing last year, Baidu wouldn’t have been able to swap its shares in Uber China for those… Read more »
No one should be surprised about job cuts at Jasper Infotech Pvt’s Snapdeal. The Indian media have chronicled the struggles facing the country’s e-commerce industry, including executive departures and lower equity valuations, and I foreshadowed trouble back in July in looking at rescinded job offers for college students. Shining a… Read more »
JD Finance is under investigation over allegations it breached securities laws.
Chinese startup Raven Tech is the latest item from the menu.