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...
Holidays aren’t just for marking centuries-old traditions or historic milestones: Retailers are creating their own new-age eCommerce celebrations and bringing in big bucks in the...