Alibaba said it will invest an additional $2 billion in Southeast Asian e-commerce firm Lazada Group and replace its CEO, consolidating its control over the firm as it targets an aggressive expansion in the region.
The head of the most influential U.S. business lobbying group warned the Trump administration that unilateral tariffs on Chinese goods could lead to a trade war that will hurt consumers and U.S. economic growth.
Google said on Tuesday that it will launch a network of free Wi-Fi hotspots across Mexico, part of the search giant’s effort to improve connectivity in emerging markets and put its products in the hands of more users.
UK shopper footfall delivered a mix of bad news and not quite so bad for February. The monthly report from the BRC/Springboard on Monday showed a 0.5% decline, which was better than the 1% drop seen this time last year.
Eleven countries are expected to sign a landmark Asia-Pacific trade agreement in Santiago on Thursday, as an antidote to the increasingly protectionist bent of the United States, which last year pulled out of the pact.
Video streaming service provider iQiyi Inc, a unit of Baidu, filed on Tuesday for an initial public offering that is set to raise more than $1.50 billion amid fierce competition in China's online entertainment market.
Global shopping centre giant Hammerson released its 2017 results on Monday and said that “record leasing” drove a strong performance. It also announced that it has taken its stake in Bicester Village to over 50%.