Amazon (NASDAQ:AMZN) Partners with Pinduoduo (NASDAQ:PDD) Ahead Of Black Friday Sale

Amazon.com Inc. (NASDAQ:AMZN) is teaming up with a Chinese upstart to boost Black Friday sales. The US e-commerce giant is banking on the smartphone app popular for cheap deals to entice consumers during Black Friday sale. The collaboration could also extend to the end of the year. Amazon opens storefront on Pinduoduo The company’s cross-border […]

Yahoo Japan Reaches Agreement To Merge With Line Corp (NYSE:LN)

On Monday, SoftBank (OTCMKTS:SFTBY) announced that it had reached a merger agreement with Z Holdings (OTCMKTS:YAHOF), formerly known as Yahoo Japan and Line Corp (NYSE:LN). The move aims at creating an internet firm to take on the US and Chinese online giants. Nave and SoftBank to hold 50% stake each in the new company According […]

Alibaba (NYSE:BABA) To Resume Hong Kong Listing Plans As Soon As November

Alibaba Group Holding Ltd (NYSE:BABA) plans to initiate its listing in Hong Kong this November. Alibaba aims at raising approximately $15 billion from this listing. This comes after its plans to actualize the listing were derailed by political instability early this year. The listing of Alibaba in Hong Kong will not only boost the company’s […]

Alibaba Group (NYSE:BABA) To Discontinue The Sale Of e-cigarette Components In The US

Alibaba Group (NYSE:BABA) says it will no longer engage in the sale of E-cigarettes components in the United States. It is not the first one to reach such a decision; other major companies preceded it. Some of these include Walgreens Boots Alliance Inc (NASDAQ:WBA) and Kroger (NYSE:KR). Reasons for halting product sale Alibaba’s decision to […]