E-commerce Companies in China Offer Jobs Amid Coronavirus Outbreak
JD.com hopes the 20,000 new jobs will help minimize the impact of the coronavirus on employment.
Ant Financial Makes Move on Singapore Market
The Chinese electronic payments company has applied for a digital banking license in Singapore as it continues its shift toward overseas markets.
Alibaba on Track to Raise $12.9B in HK Listing
Investor enthusiasm for the secondary listing is "a vote of confidence in the Asian financial hub" after months of civil unrest.
Alibaba Seeks Share of U.S. B2B E-Commerce
Alibaba's move to open its platform to U.S. sellers puts it "in direct competition with Amazon in the business-to-business online marketplace."
BIS Warns of Risks From Big Tech Banking Moves
Ventures by companies such as Facebook into financial services "have the potential to generate new risks and costs associated with market power."
Agribusiness Bonanza Rises in China for Syngenta
CFO Mark Patrick discusses the enormous business opportunities available to Syngenta now that it's owned by a big Chinese company.
Alibaba Boosts Stake in Chinese Bank to 4.8%
The e-commerce giant joins rival Tencent in becoming a major CICC shareholder as both firms eye opportunities in fintech.
China’s iQiyi Readies IPO to Raise $1.5 Billion
The video-streaming unit of search-engine giant Baidu needs capital to fund content development as it competes with Tencent and Alibaba.
U.S. Blocks Sale of MoneyGram to Ant Financial
The demise of $1.2 billion deal suggests U.S. officials are concerned about the data security implications of takeovers by Chinese investors.
Alibaba Posts Biggest Sales Increase Since IPO
Businesses outside e-commerce were unprofitable in Q4, suggesting Alibaba's diversification efforts have a long way to go.
Yahoo Names Leaders of Post-Sale Company
Thomas McInerney will serve as CEO of the new Altaba company while Alexi Wellman will be its finance chief.