BEIJING, China — Richard Liu, who runs JD.com Inc., the Chinese e-commerce site backed by Asia’s largest Internet company Tencent Holdings Ltd., is poised to become a billionaire following an initial share sale in the U.S.
HONG KONG, China — Alibaba Group Holding Ltd's plans for a giant initial public offering in New York highlight vast potential for e-commerce in China - and the weak link the logistics industry must fix if explosive growth projections are to be reached.
BEIJING, China — Alibaba, the e-commerce giant planning a blockbuster share sale in the U.S., shook up China's vast but sleepy retailing industry by popularising online shopping. Now it and China's other Internet giants are mounting challenges in areas from banking to broadcasting.
BEIJING, China — Part-way through Alibaba Group Holding Ltd's long-awaited IPO prospectus was a subtle, but striking, warning: investors should know that lead founder and executive chairman Jack Ma might work against the company's best interests.
HONG KONG, China — Alibaba Holdings Inc is in talks with major shareholders to reclaim a stake in fast-growing online-payments affiliate Alipay, The Wall Street Journal reported on Wednesday, citing people familiar with the matter.
HONG KONG, China — Tencent Holdings Ltd. fell to a three-month low in Hong Kong amid growing concern that Internet companies are overvalued.
BEIJING, China — Alibaba Group Holding Ltd. and founder Jack Ma’s Yunfeng Capital agreed to buy a $1.22 billion stake in video website Youku Tudou Inc. as China’s biggest e- commerce operator prepares for a U.S. initial public offering.
DONGGUAN, China — Yue Yuen Industrial Holdings Ltd., a maker of shoes for clients including Adidas AG and Nike Inc., said production at its Dongguan factory has resumed fully after being disrupted by a strike that began April 14.