Technology companies are a lot like contemporary art. Their valuations reflect narratives more than anything else, and it’s just as important to devise the right framework to describe a phenomenon as it is to build a beautiful product. Two New
Browsing: Alibaba
Uber Technologies will sell its China business to Didi Chuxing, the dominant ride-hailing service in the country, according to people familiar with the matter, ending a costly battle between the two companies
On Monday, Yahoo’s years-long fight to survive as a standalone company will draw to a close. Verizon Communications will announce plans to buy Yahoo’s core assets for a bit more than US$4,8bn before the market opens, said
SoftBank Group has agreed to buy ARM Holdings for £24,3bn (US$32bn; R460bn), securing a slice of virtually every mobile computing gadget on the planet and future connected devices in the home. The Japanese company is offering £17/share in cash
Tencent Holdings, in which South Africa’s Naspers holds an approximately one-third stake, will lead a US$8,6bn acquisition of game maker Supercell, getting its hands on some of the industry’s most popular mobile titles through
In 2015, the total value of e-commerce in China was US$603bn. Of that, $485bn, or 80%, went through Alibaba. The scale of the company’s dominance in the country is quite staggering, and speaking at the Consumer Goods
Internet giant Alibaba broke its own sales record of US$9,3bn during China’s “Singles Day” 24-hour online shopping binge on Wednesday, defying fears of an economic slowdown in the world’s
The Chinese government is not renowned for its openness, particularly not in matters involving its own citizens. So last week’s…
As long as you don’t think about it too hard, today’s entertainment is great. Think just a little and it’s actually amazing — you can watch it in a theatre; on your television set (old-fashioned pay TV or “over the top” on the Internet); and on your computer, tablet and smartphone
Xiaomi might still sound a bit foreign to you, but the Chinese smartphone manufacturer is now the third largest in…