China's e-commerce giant Alibaba Group Holding Ltd said on Wednesday it had bought a controlling stake in online marketing company AdChina, an investment aimed at bolstering its advertising business.
eCommerce
EBay's breakup plans may open door for e-commerce M&A
EBay Inc's plans to break up into three different companies could accommodate would-be suitors, signaling a potential merger fight after the breakup.
Alibaba's latest mobile messaging effort: social networking for businesses
China's Alibaba Group Holding Ltd (BABA.N), the world's biggest e-commerce company, is piloting a mobile messaging app aimed at marrying social networking with business, an Alibaba spokeswoman said on Friday, as the company expands its enterprise services.
Google in talks to buy mobile-payments company Softcard
Google Inc is in talks to buy mobile-payments company Softcard, technology news website TechCrunch reported on Friday, citing people familiar with the matter.
Alibaba in major initiative to court China consumer for U.S. retailers
China's Alibaba Group Holding Ltd (BABA.N) plans a major move to win U.S. business this year, by offering American retailers new ways to sell to China's vast and growing middle class.
Latest News
A fire on Friday at an Amazon.com Inc data center under construction in Virginia was quickly extinguished and all workers at the site left safely, the company and county officials said.
China will allow online sales of prescription drugs as early as this month, a policy that will open up an over 1 trillion yuan ($161 billion) market to online pharmacy operators like Alibaba Group Holding Ltd and Wal-Mart Stores Inc.
Tripadvisor (TRIP.O) has agreed to acquire top Dutch online restaurant review and booking sites Iens, the companies said on Thursday, giving the travel website a leading position in the Netherlands.
Crowdsourced fundraising site Kickstarter has dropped Amazon.com Inc as its global payments processor in favor of Stripe, the fast-growing startup used by Twitter Inc, Facebook Inc and Apple Inc.
Bitstamp, one of the largest exchanges for trading the digital bitcoin currency, said it has temporarily suspended service after "some" of its "operational wallets were compromised" on Sunday, resulting in loss of about 19,000 bitcoins.
For top U.S. retailers, free delivery is now the norm. That is good news for shoppers, but not so much for investors. During the just-ended holiday season, outlets from Target to Wal-Mart to Amazon
China's Dalian Wanda Group Co, whose real estate arm just raised about $3.7 billion in a Hong Kong share sale, said on Friday it has bought a controlling stake in 99Bill Corp, a Chinese third-party payment processor similar to PayPal.
Amazon.com Inc said on Friday it drew more than 10 million new members to its Prime shipping and digital content service over the holidays and intends to offer one-hour shipping to more cities in 2015.
Major U.S. retailers missed fewer Christmas deliveries this year, according to two small, early surveys released on Friday, partly reflecting a year's worth of investments made to avoid 2013's last-minute shipping debacle.
