Investors gearing up for the initial public offering of Ant Financial, the $60 bn online finance arm spun off by e-commerce giant Alibaba, will have to wait until at least late 2017 as the business puts growth first.
Photo-sharing app Snapchat's parent is working on an initial public offering that could value the company at $25 billion or more, the Wall Street Journal reported, citing several people familiar with the matter.
Wal-Mart is in talks to buy a minority stake in India's largest e-commerce firm Flipkart, sources familiar with the matter said, as the world's biggest retailer aims to get a slice of a fast-growing online retail market.
Indonesia has asked the chairman of China's Alibaba Group Holding Ltd, Jack Ma, to act as adviser in the development of the Southeast Asian country's nascent e-commerce industry, according to a video released by the g...
When U.S. private equity heavyweight Warburg Pincus started looking at China's logistics sector in late 2009, there were more modern warehouses in Boston than in the whole of the world's most populous country.
“China will dethrone the current leader, the US to become the world’s biggest retail market in 2016 with total sales of $4.886 trillion as against $4.823 trillion in the US,” says an Emarketer report released on Monday.
Ingenico Group has signed a deal with Alipay, China's biggest online-payments platform, that will allow Chinese consumers to use the mobile payment app widely across Europe, the French company said on Thursday.