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Alibaba And Office Depot Establish Partnership To Tap Small And Medium...

Today, Office Depot formed a partnership with Alibaba Group Holdings Ltd. The partnership aims to launch a co-branded e-commerce website that is seeking to...

Ant Financial Acquires UK Currency Exchange Worldfirst

Ant Financial has agreed with a deal to acquire Worldfirst, a currency exchange in the United Kingdom. The move is believed to solidify the...

Alibaba Experience Slowdown On Revenue Growth

Last quarter, the revenue of Alibaba, the Chinese e-commerce giant, grew at its slowest pace in a period of three years. It comes amidst the...

Alibaba Affiliate Ant Financial Planning To Acquire WorldFirst

Ant Financial, a Chinese tech giant, is in advanced negotiations to acquire WorldFirst, a currency exchange start-up, in a deal that could be worth up...

Dockless Bicycle Startup Ofo Reportedly Considering Filing For Bankruptcy

Reportedly, Ofo, a Chinese bike-sharing startup, has considered filing for bankruptcy, after it came under "immense" financial pressure that resulted from a lack of cash...

Alibaba Reports Record Sales For Singles Day

Today, Alibaba, the online retail giant, surpassed records for the largest shopping day across the globe. The company reported that it was able to record...

Jack Ma Set To Reveal Succession Plan

Jack Ma, one of richest men in China, is set to reveal a succession strategy starting Monday after some reports that he is already...

$500m Investd By JD And Walmart Into Dada-JD Daojia

Walmart, the supermarket giant of the United States of America,  and JD, a Chinese e-commerce site, have invested an additional $500 million (£388.2 million)...

$2.5bn Acquisition Deal Offered By WPP With Chinese Tech Firms

A consortium of Chinese tech companies is in discussion to acquire a minority stake in the operations of  WPP, the FTSE ad giant, in China. Reportedly, Tencent, Alibaba,...

Share Prices of World Tech Giants At An All-Time High

Today, the share prices of global tech companies such as Google and Facebook are at an all-time high, pushed on by a small bounce for...

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