The moves show how companies that were major acquirers during the boom times may sober up and regret those purchases only a ...

Alibaba shifts focus away from New Retail, selling Intime and facing challenges in the Chinese market. See here to know why ...

Alipay recently launched the AI creative generation platform "Ant on Creativity" (literal translation of "螞上有創意"), offering ...

Companies that spent billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown ...

Asian markets were mixed overnight before today’s hawkish US Fed cut as South Korea outperformed, while Pakistan was down ...

Alibaba has announced that, together with another minority shareholder, it has agreed to sell 100 percent of the equity ...

China’s strategic initiatives to bolster its industries are crafting a resilient economic narrative. The nation’s GDP ...

Shares of technology companies rose as traders hedged their bets on the outlook for growth.

China's Alibaba said Tuesday that it had agreed to sell department store chain Intime at a $1.3 billion loss, as the tech ...

Alibaba Group Holding Ltd. has agreed to sell its Intime department store business to Youngor Fashion Co. for around $1 ...