India’s Tata Group is reportedly looking to roll out a ‘super-app’ that will pit it against rivals, including Amazon AMZN, + 0.09% and billionaire Mukesh Ambani-controlled Reliance Industries, in one of the fastest growing e-commerce markets in the world. The new digital platform, which will launch in India in December …
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As California becomes one of the first states to take over Big Tech in the ongoing battle over the employment status of Uber and Lyft drivers, the scofflaw ride-hailing companies are now working their political contacts to prevent them from complying with a law that has been on the books …
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Alibaba Group Holding Ltd. said most of its companies are now back to “healthy growth” as China recovers from the COVID-19 crisis. The Chinese e-commerce giant topped revenue and revenue expectations with its fiscal report in the first quarter beginning Thursday, although its shares were 1.6% off in midday trading. …
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The shareholder retains the constant stream of restless headlines and somber metrics in a fierce connection with the economy that has been hotly debated on Wall Street. To read:Jim Cramer urges investors not to be fooled by new heights in the stock market And while it may seem rather toppy …
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Text size Alain Jocard / AFP via Getty Images Shares of Alibaba Group Holding traded modestly lower on Thursday despite posting results in June that were slightly better than Wall Street expectations. For the four-year period, the China-based e-commerce giant posted revenue of $ 21.8 billion, up 34% from a …
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