The Chinese Groupon wants to hold hands, but there are reasons investors might want to keep their distance.
Lashou Group Inc., whose name translates as “hand-in-hand,” has certainly demonstrated explosive growth. A shift from zero paying customers whe…
Alibaba Group’s Taobao websites are virtually synonymous with online shopping in China, but one venture capitalist with experience navigating the Chinese Internet says that may not always be the case.
In China e-commerce is all about discount shopping, said Hurst Lin, general partner at venture capital firm DCM and former COO of Chinese web portal and microblog operator Sina, but that won’t last. Mr. Lin believes that in several years, Chinese consumers will have more discerning taste and that online retailers with the best design and branding will challenge the dominance of Alibaba Group’s Taobao websites.
Hong Kong-listed Tencent Holdings Ltd. (0700.HK) is in talks to buy a stake in Chinese social networking company Happy Networks Ltd., owner of Facebook-like social networking site Kaixin001, people familiar with the matter said.
Terms are still being …
Alibaba Group Chairman Jack Ma said Thursday the company will start talking to private equity firms about the possibility of buying U.S. search giant Yahoo Inc.
“So many PEs (private equity firms) are talking to us and we will start to talk to them in…
Jack Ma might be the only man in China who could stand up against Steve Jobs.
The chief executive of Chinese Internet company Alibaba Group Holding Ltd. has a big reputation for challenging industries and competitors – traits shared by Apple’s famed c…
By general consensus, China must shift to a greater reliance on domestic consumption to fuel its growth. The rest of the world is losing patience with China’s export flood, and anyway could never buy enough to pull a huge population into prosperity. Be…
Alibaba Group Holding Ltd.’s interest in purchasing Yahoo Inc. of the U.S. provides the latest test of whether Chinese companies with global ambitions can expand while staying in line with Beijing’s economic and social controls.
Alibaba Chief Executiv…
Chinese online game and social-networking service operator Tencent Holdings Ltd. said Thursday it will launch a new e-commerce platform next month, in a move that challenges more dominant rival Taobao Mall Co.
Tencent is investing in areas including e…
