Alibaba and SoftBank have invested $3 billion into Ele.me, the food delivery company that is owned by Alibaba. According to a report in CNBC, Ele.me...
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Ant Financial’s highly-anticipated IPO has been delayed once again, with one source saying the public offering could be “years” away. Get the Full Story Complete...
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes news of PepsiCo’s major new acquisition, and...
Reliance Retail and Alibaba are negotiating a partnership in the Indian retail segment. According to reports, the firms are pushing to build “a mega Indian...
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Smart speaker sales continue to grow at a record pace, and new data shows that China is now the leader in that market, accounting for...