Lazada, the Southeast Asian arm of Chinese e-commerce firm Alibaba Group Holding, is set to announce a new chief executive officer as early as on Friday, two sources with direct knowledge of the matter said.
Alibaba (NYSE: BABA) stock is up over 140% since making its U.S. debut in late 2014. It was already a tech titan in China, playing a crucial role in the lives of many Chinese consumers and businesses. That can be seen in the fact that Alibaba reported fiscal 2015 revenue of $12.
(RTTNews) - Alibaba Group Holding Limited (BABA) announced that Masayoshi Son, a director nominated by Softbank Group Corp. (SFTBY.PK, SFTBF.PK), has notified the Board that he intends to resign, effective June 25, 2020. Under the Articles of Association of Alibaba Group Holding
Genius Brands (NASDAQ: GNUS) stock is down almost 77% from its 52-week high of $11.73, with shares trading at just $2.72 as of Wednesday's close. But while the company's valuation looks more reasonable at these levels, there's still more downside in this struggling children's en
SoftBank Group Corp Chief Executive Masayoshi Son mounted a defence of his investing decisions on Thursday, saying the value of the Japanese conglomerate's holdings has recovered to pre-coronavirus outbreak levels.
China's appetite for salmon and other seafood has crashed this month, after a resurgence in coronavirus infections in Beijing was traced to chopping boards for imported salmon in a wholesale food market in the capital.
An affiliate of Chinese eCommerce giant Alibaba Group Holding (NYSE: BABA) is rebranding and changing tack, according to media reports. Ant Financial Services Group, the largest fintech company in China, has filed for a change in its business-registration records to be called An
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI All Country Asia ex Japan ETF (Symbol: AAXJ) where we have detected an approximate $154.8 million dollar outflow -- that's a 4.0% decr
Shares of T-Mobile (NASDAQ: TMUS) were temporarily lower Monday night and Tuesday morning, after the company revealed that it would be facilitating a $21 billion stock sale from large shareholder Softbank (OTC: SFTBY). To recap, Softbank was the majority owner of Sprint, which m
In this episode of Motley Fool Money, Chris Hill chats with Motley Fool analysts Jason Moser and Andy Cross about the latest business headlines. They talk about a retail partnership and the e-commerce space in general. Shares of a popular online streamer are hitting an all-time
It's no secret that one of the best investing themes so far in 2020 has been e-commerce. According to the U.S. Census Bureau, online sales are up 16.6% through May compared with 2019 figures, and the Global X E-Commerce ETF is up 28% this year to date compared to a negative 3.5%
Few companies generate as many column miles of media coverage and news as Amazon.com (NASDAQ: AMZN). That's especially true in the coronavirus-centered first half of 2020. Amazon's media buzz tends to peak around the holiday shopping season and then die down to a softer hum in t
Over the past decade, growth stocks have absolutely trounced value stocks by an unprecedented margin for an even more unprecedented amount of time. It's unclear how long that outperformance will continue, or if there will be a reversion to value at some point; however, the cond
China's cyber watchdog has penalised several of the country's leading livestreaming and video platforms for spreading "low taste" content, reprimanding women wearing low cut clothes and men for indecent dancing and using foul language.
SoftBank Group Corp unveiled a series of transactions on Monday to divest more than $21 billion worth of stock in U.S. wireless carrier T-Mobile US Inc, as it seeks funding for a $41 billion share buyback and debt reduction plan.
Amazon.com Inc has secured clearance to deliver alcohol in India's eastern state of West Bengal, according to a document seen by Reuters, signalling the U.S. e-commerce giant's first foray into the country's multi-billion-dollar sector.
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