Companies in Greater China are lining up to sell shares in initial public offerings in coming months, braving jittery markets with $11.2 billion in deals.
Issuers are betting the steep rebound in Hong Kong and Chinese markets in the past month might s…
The platform will be supported by cloud technology, logistics and supply chain management and both companies will pool their human resources to build it.
As part of the tie-up, IBM will build a global e-commerce center in Nanjing and will help Suning …
Italian online fashion retailer Yoox is looking to further revenue growth for the end of the year after strong sales in the first nine months confirmed the vigor of the luxury industry despite wider economic woes in Europe.
Yoox, which powers sites fo…
China’s leading daily-deals website Lashou Group plans to raise up to $100 million in an initial public offering on the Nasdaq to expand its marketing efforts and delivery systems, according to a filing to the stock exchange.
Lashou, which was launche…
Alibaba Group will invest 1.8 billion yuan ($282.2 million) to aid the development of small-medium-enterprises on Taobao Mall, it said on Monday, after last week’s move to raise fees next year led to mass protests online.
Thousands of small business o…
Thousands of small business owners launched an online protest against Taobao Mall, a unit of China’s Alibaba Group, over a fee hike that they claim puts them at a disadvantage to bigger businesses, the official Xinhua news agency reported.
Taobao Mall…
A looming Chinese government crackdown on a corporate structure used by almost half of all U.S.-listed Chinese stocks coupled with growing investor uncertainty has prompted companies to mull major restructuring plans.
New rules expected to apply to va…
China’s Alibaba Group Holding Ltd has talked with Temasek Holdings Pte about providing financing to buy the 40 percent stake in itself held by Yahoo Inc, Bloomberg said, citing people familiar with the matter.
Singapore’s Temasek, a state-owned invest…
eBay Inc expects sales from greater China to grow 30-40 percent annually from about $4 billion in 2010, with the e-commerce giant seeking acquisition opportunities as part of efforts to expand its footprint in the fast-growing market.
While open to ac…
