HONG KONG, China — Tencent Holdings Ltd., Asia’s largest Internet company, is in talks to combine its e-commerce operations with Chinese online retailer JD.com Inc., according to two people familiar with the matter.
BEIJING, China — Alibaba Group Holding Ltd is set to launch a U.S. e-commerce website through its subsidiaries Vendio and Auctiva, which are in turn part of the Alibaba.com business group, the company told Reuters on Tuesday.
NEW YORK, United States — Gilt Groupe Inc., an online retailer of discounted luxury goods, picked Goldman Sachs Group Inc. to manage its initial public offering, according to people with knowledge of the deal.
NEW YORK, United States — The cost to protect against drops in Vipshop Holdings Ltd. is rising on concern increased competition will slow the online clothing retailer’s growth in 2014.
NEW YORK, United States — Online shopping surged to a record on Cyber Monday as many consumers snubbed physical stores and took to the Web to buy holiday gifts.