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Global Markets

Alibaba Investors Backpedal as China Slowdown Saps Sales Growth

Alibaba Group Holding Ltd. is beset by the slowest economic growth in 25 years and a domestic stock selloff that has shaken global investor confidence.

Global Markets

Alibaba Investors Backpedal as China Slowdown Saps Sales Growth

Alibaba Group Holding Ltd. is beset by the slowest economic growth in 25 years and a domestic stock selloff that has shaken global investor confidence.


Retail

Ascena Retail Closes on $2 Billion Acquisition of Ann

The Ascena Retail Group on Friday completed its approximately $2 billion acquisition of the owner of Ann Taylor and Loft.

Retail

Ascena Retail Closes on $2 Billion Acquisition of Ann

The Ascena Retail Group on Friday completed its approximately $2 billion acquisition of the owner of Ann Taylor and Loft.


Financial Markets

Amazon Lures Investors Back From Alibaba

China is no longer in vogue with e- commerce investors, as money returns to the U.S. and Amazon.com Inc. following a brief fling with Alibaba Group Holding Ltd. and its 367 million customers.

Financial Markets

Amazon Lures Investors Back From Alibaba

China is no longer in vogue with e- commerce investors, as money returns to the U.S. and Amazon.com Inc. following a brief fling with Alibaba Group Holding Ltd. and its 367 million customers.


Financial Markets

Wal-Mart Buys Out China E-Retailer Yihaodian as Founders Leave

Wal-Mart Stores Inc. bought the remaining 49 percent stake it doesn’t already own in Yihaodian, a Chinese e- commerce company, a week after its founders left to start a new venture.

Financial Markets

Wal-Mart Buys Out China E-Retailer Yihaodian as Founders Leave

Wal-Mart Stores Inc. bought the remaining 49 percent stake it doesn’t already own in Yihaodian, a Chinese e- commerce company, a week after its founders left to start a new venture.


Financial Markets

PayPal’s Debut Market Value Tops EBay’s as Investors Seek Growth

PayPal Holdings Inc. will make its stock debut with a market value almost 1.4 times that of EBay Inc. as investors bet on bigger returns from the digital payments business.

Financial Markets

PayPal’s Debut Market Value Tops EBay’s as Investors Seek Growth

PayPal Holdings Inc. will make its stock debut with a market value almost 1.4 times that of EBay Inc. as investors bet on bigger returns from the digital payments business.


Global Markets

Alibaba Boosts Singapore Post Stake, Invest in E-Commerce Unit

Chinese e-commerce giant Alibaba Group Holding Ltd is investing about S$279 million ($205.98 million) to expand its holdings in Singapore Post Ltd and its e-commerce subsidiary

Global Markets

Alibaba Boosts Singapore Post Stake, Invest in E-Commerce Unit

Chinese e-commerce giant Alibaba Group Holding Ltd is investing about S$279 million ($205.98 million) to expand its holdings in Singapore Post Ltd and its e-commerce subsidiary


Financial Markets

Global Fashion Raises €150 Million, Valuing It at €3.1 Billion

Global Fashion Group has raised 150 million euros ($166.52 million) in funding, valuing the possible stock market flotation candidate at 3.1 billion euros ($3.45 billion).

Financial Markets

Global Fashion Raises €150 Million, Valuing It at €3.1 Billion

Global Fashion Group has raised 150 million euros ($166.52 million) in funding, valuing the possible stock market flotation candidate at 3.1 billion euros ($3.45 billion).


Financial Markets

Alibaba Group in Talks to Buy Stake in India's Paytm

Chinese e-commerce giant Alibaba Group Holding Ltd is in advanced talks to invest in Indian online payment platform and e-commerce firm Paytm, two sources with knowledge of the matter said.

Financial Markets

Alibaba Group in Talks to Buy Stake in India's Paytm

Chinese e-commerce giant Alibaba Group Holding Ltd is in advanced talks to invest in Indian online payment platform and e-commerce firm Paytm, two sources with knowledge of the matter said.


Financial Markets

Why Under Armour CEO’s Power Play Looks Like Bad Governance

Plank gladly accepted investors’ money when he took Under Armour public in 2005, but since then he’s maintained control through an increasingly complex setup of multiple stock classes.

Financial Markets

Why Under Armour CEO’s Power Play Looks Like Bad Governance

Plank gladly accepted investors’ money when he took Under Armour public in 2005, but since then he’s maintained control through an increasingly complex setup of multiple stock classes.


Retail

Hudson’s Bay Said to Win Metro’s Kaufhof on $3.3 Billion Bid

Hudson’s Bay Co., the oldest company in Canada, has won the bidding for Metro AG’s Galeria Kaufhof department-store chain in Germany, according to people familiar with the matter.

Retail

Hudson’s Bay Said to Win Metro’s Kaufhof on $3.3 Billion Bid

Hudson’s Bay Co., the oldest company in Canada, has won the bidding for Metro AG’s Galeria Kaufhof department-store chain in Germany, according to people familiar with the matter.


Global Markets

Japan's Maverick Billionaire Invests Big Abroad

When Masayoshi Son placed a $20 million bet 15 years ago on Alibaba, plenty of peers considered it too risky a venture. Since then, Son's investment has paid out more than $70 billion, strengthening SoftBank and making him Japan's second richest man.

Global Markets

Japan's Maverick Billionaire Invests Big Abroad

When Masayoshi Son placed a $20 million bet 15 years ago on Alibaba, plenty of peers considered it too risky a venture. Since then, Son's investment has paid out more than $70 billion, strengthening SoftBank and making him Japan's second richest man.


Financial Markets

Softbank Invests $1B in South Korean Online Retailer Coupang

South Korean online shopping site Coupang has secured a $1 billion investment from Japanese Internet company Softbank Corp.

Financial Markets

Softbank Invests $1B in South Korean Online Retailer Coupang

South Korean online shopping site Coupang has secured a $1 billion investment from Japanese Internet company Softbank Corp.