E-commerce has long been an attractive long-term growth industry, but the COVID-19 pandemic has only accelerated its rise. As people have had to stay home for the pandemic, current e-commerce customers are purchasing more, and new customers are now discovering the convenience of
The Saudi Authority for Data and Artificial Intelligence on Thursday signed three memorandums of understanding with IBM, Alibaba and Huawei at a summit in the kingdom, state news agency SPA said.
In this episode of Industry Focus: Tech, Dylan Lewis and Motley Fool contributor Brian Feroldi bring you the latest tech news roundup. They dive into the Prime Day event to understand the trends driving consumer spending. Next, they go through the latest iPhone lineup and other t
China's Ant Group has won the final nod from the country's top securities watchdog for the registration of its Shanghai offering, the regulator said on Wednesday, clearing the last regulatory hurdle for its $35 billion dual-listing.
Alibaba (NYSE: BABA) is plunging more deeply into the retail sector. The company announced Monday it has reached a deal to pay roughly $3.6 billion to boost its stake in Sun Art, which operates a network of hypermarkets and supermarkets throughout China.All told, Sun Art's store
Alibaba (NYSE: BABA) and Facebook (NASDAQ: FB) are two of the most influential tech companies in the world. Alibaba owns China's largest e-commerce marketplaces and Asia's largest cloud platform, while Facebook owns the world's largest social network.Both companies' ecosystems ex
(RTTNews) - Alibaba Group Holding Limited (BABA) kicked off its 2020 11.11 Global Shopping Festival which will include the participation of the company's digital lifestyle platform; broader consumer reach and bigger promotions; "double" the number of shopping windows, products an
China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering next year, dropping previous aims to list in New York amid rising Sino-U.S. tension, people with knowledge of the matter said.
(RTTNews) - Dufry AG (DFRYF.PK) said it has successfully concluded the rights offering. Immediately following the closing of the offering, Advent International will own a stake of 11.4% in Dufry and Alibaba Group of 6.1%. Based on the offer price of 33.22 francs per new share, Du
Private equity group Advent International will have a stake of 11.4% and China's Alibaba 6.1% in Dufry after a capital increase that raised 820 million Swiss francs ($901 million), the Swiss duty free company said on Tuesday.
China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering (IPO) next year, people with knowledge of the matter said, rethinking previous aims to list in New York amid rising Sino-U.S. tension.
China's top ride-hailing firm Didi Chuxing is considering Hong Kong for a multibillion-dollar initial public offering (IPO) next year, people with knowledge of the matter said, rethinking previous aims to list in New York amid rising Sino-U.S. tension.
In this episode of Motley Fool Answers, Alison Southwick is joined by Certified Financial Planner Robert Brokamp of The Motley Fool to bring you some tips and tricks to get the most out of your 401(k) contributions. Alison begins the show with a fun trivia game with Robert playin
Pinduoduo (NASDAQ: PDD), a leading e-commerce company in China, is one of the most successful IPOs in recent years. Since its market debut in 2018, its share price has more than quadrupled, thanks to the strong underlying business performance as well as the favorable investor sen
China's Ant Group Co Ltd [IPO-ANTG.HK] has won approval from the Hong Kong stock exchange for the offshore leg of its IPO, two sources said, clearing the last key regulatory hurdle to launch its dual-listing expected to be worth about $35 billion.
China's Ant Group Co Ltd [IPO-ANTG.HK] has won approval from the Hong Kong stock exchange for the offshore leg of its IPO, two sources said, clearing the last key regulatory hurdle to launch its dual-listing expected to be worth about $35 billion.
China's experimental $1.5 million giveaway of digital yuan to Shenzhen citizens ended on Sunday with acclaim from currency analysts - and scepticism from some users saying they preferred existing shopping tools like the ubiquitous Alipay app.
China's Ant Group has received approval from the Chinese securities regulator for the Hong Kong leg of its about $35 billion dual-listing, a person with knowledge of the matter said on Monday.
(RTTNews) - Alibaba Group Holding Limited (BABA) said that it will invest about $3.6 billion in a Chinese hypermarket and supermarket operator Sun Art Retail Group that will raise its direct and indirect stake to about 72%.As part of the deal, Alibaba will acquire 70.94% of stake
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