Starbucks and Alibaba are teaming up on coffee delivery in China. According to Reuters, Starbucks is trying to regain its footing after a sales slump...
Ant Financial Services, the Chinese payment affiliate of Alibaba, has created a massive FinTech company that is turning Chinese banking on its head as the...
Megvii Inc., the developer of facial recognition system Face++, is reportedly raising at least $600 million from investors including Alibaba and Boyu Capital. Get the...
Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes a digital coin push involving...
Ele.me, the food delivery platform acquired by Alibaba Group, is looking for $2 billion in new financing to help it take on rival Meituan Dianping....
Groupon, the daily deal website operator, is reportedly looking for a buyer and has been reaching out to potential buyers. Get the Full Story Complete...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes a discussion of the real value of Amazon...
By opening a temporary store with apparel from Guess, Alibaba is testing out its inaugural “FashionAI” concept at Hong Kong Polytechnic University. Guess is looking...
The race to be the dominating force in India eCommerce has another massive player entering the field: Billionaire Mukesh Ambani’s Reliance Industries Limited announced its...