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  • April 20- The parent of Britain's Daily Mail said on Wednesday it had not submitted it's own bid to buy Yahoo Inc's core Internet business, but was still in talks to partner with other suitors of the U.S. company. Yahoo, which has been struggling with falling ad revenue for years, has sped up the process to sell its media, email and other web businesses, bowing to...

  • Verizon submitted its offer with advice from investment banks Guggenheim Partners LLC, LionTree LLC and Allen& Company, the people said on Tuesday. The auction attracted a diverse array of companies ranging from Japanese online retailer Rakuten Inc to Yellow Pages owner YP LLC, which is backed by AT&T Corp, the people said. Apax Partners LLP, TPG Capital LP, Bain...

  • Target ups wages: Report

    CNBC's Courtney Reagan provides perspective on reports of another minimum wage hike at Target.

  • An employee arranges cosmetic products in a container in a Nordstrom Inc. store

    Nordstrom looks to be more nimble at a time where shoppers are shifting their spending more online.

  • *2015 revenue up 69 pct at top start-ups to 2.4 bln euros. BERLIN, April 14- German ecommerce firm Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017, and its losses should have peaked last year when its companies burned through 1 billion euros. Founded in Berlin by brothers Oliver, Alexander and Marc Samwer in 2007,...

  • (Hold off) Aussie Trade with China

    David Landers, GM of East Asian growth markets at the Australian Trade Commission, has the lowdown on new opportunities in the Chinese economy.

  • The "Fast Money" traders give their final trades of the day.

  • Alibaba's big buy

    CNBC's Susan Li looks at Alibaba's $1 billion investment in Southeast Asian online retailer, Lazata.

  • BEIJING/ BENGALURU, April 12- Alibaba Group Holding Ltd has agreed to buy a controlling stake in Southeast Asian online retailer Lazada Group for about $1 billion, its biggest deal overseas, as the Chinese ecommerce giant seeks fertile new turf while growth slows at home. Lazada, founded by Germany's Rocket Internet in 2012, is headquartered in Singapore and...

  • BEIJING/ BENGALURU, April 12- Alibaba Group Holding Ltd said on Tuesday it has agreed to buy a controlling stake in Southeast Asia online retailer Lazada Group for about $1 billion, its biggest deal overseas, as the Chinese e-commerce giant seeks fertile new turf while growth slows at home. Lazada, founded by Germany's Rocket Internet in 2012, is headquartered in...

  • Alibaba invests in Southeast Asian retailer Lazada

    The Chinese e-commerce giant is buying a controlling stake in Lazada Group to reach more consumers.

  • ctor Jack Nicholson watches from his courtside seat as Kobe Bryant of the Los Angeles Lakers shoots under pressure from Luc Richard Mbah a Moute of the Los Angeles Clippers during their NBA game on April 6, 2016 at Staples Center in Los Angeles, California.

    Fans will pay a lofty fee to get tickets to see NBA legend Kobe Bryant in his final Los Angeles Lakers game on Wednesday night.

  • *Singapore- based Lazada founded by Germany's Rocket in 2012. April 12- China's Alibaba Group Holding Ltd said on Tuesday it has agreed to buy a controlling stake in online retailer Lazada for about $1 billion to expand its e-commerce business into Southeast Asia. Lazada Group, founded by Germany's Rocket Internet in 2012, is headquartered in Singapore and also...

  • Jack Ma, founder of Alibaba Group. Alibaba recently said it has become the largest retailer in the world as measured by annual gross merchandise volume.

    Alibaba has agreed to buy a controlling stake in Southeast Asian online retailer Lazada to tap into the region's lucrative consumer market.

  • VC scene in Asia

    During the past 12 months, the explosion of activity by venture capital firms has been greater than the preceding 14 years, notes Patrick Grove, founder & CEO at Catcha Group.

  • Executive Chairman of Alibaba Group Jack Ma.

    The success of Alibaba in China and beyond is like the "American Dream," said Duncan Clark, author of the new book on "Alibaba: The House that Jack Ma Built."

  • E-commerce in Southeast Asia

    Consumers across the region are ready to buy more online but supply is the key problem, warns Sebastien Lamy, partner at Bain & Company.

  • China e-commerce

    Export Now chairman and CEO Frank Lavin says the Chinese government wants foreign companies to set up shop in the country.

  • April 7- The head of marketing for the U.S. online business of Wal-Mart Stores has left the retailer to return to a business-conference firm he founded, a company statement said on Thursday. The departure of Brian Monahan after three years at Wal-Mart was announced by NewCo, the startup he helped launch in 2012 in San Francisco with media industry veteran John...

  • SAN FRANCISCO, April 5- In a letter sent to shareholders on Tuesday, Amazon.com Inc's founder and chief executive, Jeff Bezos, defended the online retailer's corporate culture, which was the subject of a critical report by The New York Times last year. The online retailer forcefully rebutted the paper's report after it was published last year, with the company's...