German startup investor Rocket Internet’s tech-focused blank cheque company Rocket Internet Growth Opportunities said on Tuesday it priced its initial public offering (IPO) in New York at $10 per share.
Pony Ma, the founder of Tencent Holdings, China's biggest social media and video games company, met with China's antitrust watchdog officials this month to discuss compliance at his group, two people told Reuters.
The publication’s recently appointed editor-in-chief has resigned from her new position before officially starting, following backlash related to anti-Asian and homophobic tweets she posted a decade ago.
Commonwealth Bank of Australia on Wednesday became the first major lender in the country to offer its own "buy now, pay later" service, taking on U.S. payments giant PayPal and Afterpay with the promise of lower fees.
Rakuten Inc’s shares jumped as much as 24% on Monday after the Japanese e-commerce firm said it would raise $2.2 billion through a stake sale to companies including Japan Post and Tencent as it takes on Amazon.
JD.com Inc is in talks to buy part or all of a stake in brokerage Sinolink Securities worth at least $1.5 billion, three people said, as the e-commerce major aims to bolster its financial services operations.
U.S. households ended 2020 with a record $130.2 trillion in wealth, the Federal Reserve said on Thursday, as rock-bottom interest rates and a massive fiscal rescue stemmed the pandemic's economic fallout.
PayPal Holdings Inc will launch its "buy now, pay later" (BNPL) option in Australia this June, the U.S. payments giant said on Wednesday, muscling in further on Afterpay Ltd and others for share in the booming industry.