Alibaba Group

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Verizon to bid for Yahoo, Yahoo Japan stake

Verizon Communications Inc will bid for Yahoo's web business, while Alphabet Inc's Google unit is also exploring options on bidding for it. Additionally, Verizon may also make an offer for stake in Yahoo's Japan subsidiary.

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Illustrations Of South China Morning Post As Alibaba's Jack Ma Said To Be In Discussions To Buy Stake

Free Access to Online and Mobile Edition of SCMP: Alibaba’s Signature Footstep of Acquisition

Alibaba Group has completed acquisition of South China Morning Post. To put a footstep with revealing the acquisition, readers have got free access to the once subscribed online newspaper. The move allows the 113-year-old newspaper to approach towards becoming a global leader in news arena.

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CHINA-US-ECONOMY-ONLINE-APPLE

Apple Pay Targets China As Its Biggest Market

Apple Pay is targeting China as its largest market. The mobile payment system was released Thursday and was hoping to convince retailers to use the system since there are hundred million users of Apple. A lot of banks will support Apple Pay including the Industrial and Commercial Bank of China.

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SoftBank CEO Masayoshi Son Presents 3Q Earnings Result

SoftBank to Buy back Already Sold Shares

The Japanese telecom giant, SoftBank, has announced buyback of shares amounting to $4.4 billion, its biggest repurchase ever. This move is a desperate attempt by the company to regain its footing after its shares plunged to an all-time low following the company's overseas investment in US mobile operator, Sprint.

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Alibaba Group

Alibaba Group may acquire SCMP group

Chinese e-commerce major Alibaba Group is planning to make yet another investment plan for the media segment. The Chinese media reports reveal that Alibaba may acquire SCMP Group, which runs China Daily.

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Facebook

Facebook, Xiaomi discussed possible investment in the Chinese smartphone maker

Mark Zuckerberg and Xiaomi Inc CEO Lei Jun discussed a potential investment by Facebook in China's top smartphone maker ahead of its $1.1 billion fundraising last month, but a deal never materialized, several people with knowledge of the matter told Reuters.

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Yahoo logo

Starboard reiterates Yahoo should combine with AOL

Activist-investor Starboard Value LP has reiterated that Yahoo Inc (YHOO.O) should consider a merger with AOL Inc (AOL.N) and cut costs to improve profits, spurred by media reports that Yahoo is exploring other large-scale acquisitions.

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Alibaba Group

Alibaba to launch international version of Taobao marketplace

Jack Ma, the founder of China's Alibaba Group Holding Ltd (BABA.N), said on Thursday the firm will set up an international version of its e-commerce marketplace Taobao to serve shoppers worldwide in multiple languages, including English and Chinese.

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US Dollar, Swiss Franc, British Poung and Euro Bank Notes

Asian shares up, Scottish vote seen lifting Europe

The British pound rose sharply after the Scottish independence vote indicated Scotland would remain in the United Kingdom, while Wall Street's overnight gains and Alibaba Group's red-hot initial public offering underpinned Asian shares.

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Baidu Inc

China-based Baidu Inc to turn to acquisitions to lure smartphone users to its platform

Internet firm Baidu Inc intends to make more acquisitions this year to get more smartphone users in the world's largest smartphone market to patronize its services, Reuters reported.

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Shanghai Stock Exchange

Venture capitalists face tougher competition from strategic investors in China as IPO market gains steam- report

Although they have remained silent for the good part of 2013, venture capitalists are now going back to China as the IPO market opens, but strategic investors are offering tough competition, The Wall Street Journal blog Venture Capital Dispatch reported.

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58.com Inc

China-based 58.com Inc plans on acquisitions to improve services

Beijing-based 58.com Inc, a classifieds website operator that provides services similar to Craigslist, intends to acquire Chinese Internet companies to enhance its local information services, Bloomberg reported.

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US Securities and Exchange Commission

SEC ex-chief says dual share law has additional safeguard measures

In order to protect shareholder's interests, U.S. allows companies to have dual share structures but with additional safeguard measures as the Securities and Futures Commission last month declined to provide a waiver to Alibaba to nominate a majority of directors from its 28 partners.

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Alibaba

Alibaba benefits from e-commerce frenzy at 11.11 Fest as it nears IPO

Several industry observers believed that Alibaba's upcoming IPO on November 15 would not be eclipsed by the media frenzy of Twitter Inc's recent public listing.

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Yahoo Inc

Yahoo reduces planned share sale of Alibaba stake in IPO

Yahoo decided to keep more of its stake in Alibaba after the latter would go public.

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