China's Alibaba buys US software developer Auctiva

The Hong Kong-listed arm of China's e-commerce firm Alibaba said Wednesday it had agreed to buy US software developer Auctiva for an undisclosed sum, accelerating a push into the world's biggest economy.

China's Alibaba sues vendors over selling counterfeits

Chinese e-commerce giant Alibaba has filed a lawsuit against two vendors for allegedly selling counterfeit goods, it said, weeks after the US put its main platform on its "notorious markets" blacklist.

Yahoo! shakes up board to give firm new life

Yahoo! on Tuesday announced a boardroom shakeup to breath fresh life into a pioneering Internet firm that has been struggling to re-invent itself and appease disappointed investors.

Alibaba takes record $25 bn on 'Singles Day'

Chinese online shoppers spent a record $25 billion on this year's "Singles Day" promotion run by e-commerce giant Alibaba, up nearly 40 percent from last year, figures showed on Sunday.

Softbank eyes top ten ranking in 30 years

The head of Japan's Softbank Corp said Monday that he was aiming to make the information technology giant one of the world's top ten companies by market capitalisation within 30 years.

Alipay in alliance with US online payments firm

US online payments firm Stripe on Tuesday announced an alliance with Alipay aimed at making it easier for people in China to buy things from elsewhere in the world.

China taxi booking app raises $600 mn for expansion

The operator of one of China's leading taxi booking apps, Kuaidi Dache, has raised $600 million for expansion, a statement said Thursday, even as the government tightens control over such services.

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