Alibaba Group Holding to invest $4.6 bln in China electronics retailer Suning

Alibaba Group Holding to invest $4.6 bln in China electronics retailer Suning

By Carrie Ann - Aug 10, 2015

China’s largest e-commerce giant Alibaba Group Holding Ltd announced Monday that it will invest 28.3 billion yuan ($4.56 billion) in Suning Commerce Group Co Ltd to take a 19.99

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eBay to sell enterprise unit for about $900 million

eBay to sell enterprise unit for about $900 million

By Christy Gren - Jul 16, 2015

E-commerce company eBay Inc is closing in on a deal to sell its Enterprise unit to consortium led by London-based private equity firm Permira for more than $900 million, according

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Alibaba tests its first drone delivery service in 3 Chinese cities

Alibaba tests its first drone delivery service in 3 Chinese cities

By Anna Domanska - Feb 05, 2015

Following the footsteps of Amazon and Google, China’s E-Commerce Giant Alibaba on Wednesday tested its first drone delivery service, delivering whisk ginger tea to customers

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Amazon Eyes Local Services Market To Connect Its Consumers To Professional Services

Amazon Eyes Local Services Market To Connect Its Consumers To Professional Services

By Anna Domanska - Jun 12, 2014

According to reports, the Seattle-based e-commerce giant Amazon.com is reportedly planning to expand its growing portfolio by branching into the local services market. The program

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