China's Alibaba Group is poised to invest more in U.S. tech companies with the start of a new investment group that the e-commerce giant is setting up in San Francisco .
Alibaba Group is targeting the U.S. market with a US$200 million investment in ShopRunner, an online retailer that competes with Amazon.com, a source familiar with the deal said Friday.
Several recent IPOs and eBay's US$800 million cash offer for payments startup BrainTree this week highlight what looks like a burgeoning market for tech initial public offerings and mergers and acquisitions.
Chinese search company Baidu has entered the country's smart TV market with a product powered by its video site iQiyi.
After seeing its popularity decline, Yahoo's Internet portal in China has formally closed down, in a sign that e-commerce giant Alibaba Group is transitioning away from the brand.
Chinese e-commerce giant Alibaba Group plans to enter the country's smart TV industry with a set-top box product for streamlining online shopping on big screen televisions.
China's Baidu has long dominated the country's search market. But a local rival to the company is bolstering its own search services with the help of e-commerce giant Alibaba Group.
Alibaba Group hopes to make a dent in Google's dominance of China's smartphone market, and has high hopes that handsets running the company's mobile OS will reach sales of 30 million units.
Chinese e-commerce giant Alibaba Group is seeking to revive its mobile operating system, with a new name, new partners and more money, after Google threatened to block the companies from bringing aboard handset vendors for the OS.
Chinese e-commerce giant Alibaba Group named its new CEO to replace Jack Ma, choosing from within its ranks long-time company executive Jonathan Lu, who will start in his new role on May 10.
Chinese e-commerce giant Alibaba Group has launched a new search engine directly challenging the nation's search companies for market share.
Alibaba Group's Jack Ma will step down from his position as CEO of the Chinese e-commerce giant in May, to help usher in its next generation of leaders. But he will stay on as executive chairman to focus on company strategy.
The U.S. has removed China's Taobao sites from its "Notorious Markets" list of major offenders that support piracy and counterfeiting, citing their successful efforts to remove infringing goods from the sites.
A U.S. government office has removed China's largest search engine Baidu from its latest list of the world's "notorious markets", which identifies major offenders for supporting or selling pirated and counterfeit goods.
Alibaba Group said it has not decided to be part of a bid for the whole of Yahoo, countering reports that the Chinese company is in talks with private equity firms to make such a bid.
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