China's Alibaba launches Internet bank

Chinese e-commerce behemoth Alibaba on Thursday launched an Internet bank aimed at serving small businesses which often struggle to obtain credit from large banks.

Fitbit IPO could top $500 mn

Fitbit on Tuesday told US regulators that it may raise more than a half-billion dollars when it makes its New York Stock Exchange debut but remained mum as to when that would happen.

Box wraps up IPO at $14 per share to raise $175 million

Online storage provider Box has wrapped up its long-delayed IPO at $14 per share, setting up a test of investors' appetite for a rapidly growing technology company that hasn't proven it can make money.

China's Alibaba makes first investment in Israeli firm

Chinese e-commerce giant Alibaba has made its first investment in an Israeli company by funding start-up Visualead, a provider of QR code technology, the companies said in a statement Tuesday.

Alibaba makes Wall Street debut

Alibaba made its long-awaited Wall Street debut Friday on the heels of a record stock offering that opens the door to global expansion for the Chinese online retail giant.

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