Shares of Alibaba jumped on Thursday as the Chinese e-commerce powerhouse added shoppers and mobile revenue surged.
Seeking a wider digital audience, Verizon is buying Yahoo for $4.83 billion in a deal that marks the end of an era for a company that defined much of the early internet but struggled to stay relevant in an online world dominated ...
In 2011, a respected anti-counterfeiting coalition in Washington escalated its fight against the Chinese e-commerce giant Alibaba, saying its websites served as a 24-hour market "for counterfeiters and pirates" and should ...
Last fall, 30-year-old Luo Rong quit his $30,000-a-year engineering job in Shanghai, moved back to his mountaintop village of Jade Peak with his wife and newborn baby and opened a shop with a big orange and green sign out ...
Shoppers spent around $9 billion in the first 12 hours of China's "Singles Day" sale on Wednesday, e-commerce giant Alibaba said, in the world's biggest online shopping day.
Chinese online giant Alibaba on Tuesday posted robust quarterly results showing better-than-expected sales growth, allaying fears stemming from cooling in the world's second largest economy.
Alibaba said Friday it's offering to buy up the rest of Chinese video streaming site Youku Tudou in a $3.6 billion deal signaling the e-commerce giant's intent to expand beyond its core business of online shopping.
Yahoo notified US regulators that it is proceeding with plans to spin off its multi-billion-dollar stake in Alibaba despite the unanswered question of what the tax bill could be.
A crucial deal for Yahoo has hit a snag, with the IRS declining to issue a private ruling that would have confirmed the Internet company can spin off its stake in China's Alibaba Group tax free.
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