May 22- Microsoft Corp and Salesforce.com Inc held "significant talks" this spring but could not reach a deal over pricing, CNBC reported, citing people familiar with the matter. Microsoft was willing to offer about $55 billion for the world's biggest maker of online sales software. Microsoft shares fell 0.6 percent to $47.11 and were the biggest drag on the...» Read More
Victor Anthony, Axiom Capital Management, weighs in on how the possible passage of a new IRS rule could affect Yahoo's Alibaba plans.
The e-commerce company met expectations for revenue but posted a big loss on earnings per share.
The departure of key executives raises questions about Google's long-term commitment to a real commerce battle, Re/code reports.
Alibaba is facing a fresh lawsuit over luxury fakes after being dogged for years by charges it doesn't do enough to stop counterfeiters.
According to a report in the Wall Street Journal Google will roll out a "buy" button on some search results, making it easier to purchase directly from the site.
Chinese smartphone giant, Xiaomi, is set to open its doors to U.S. and European consumers shortly.
BEIJING— The owner of fashion brands Gucci and Yves Saint Laurent has accused Alibaba Group in a lawsuit of profiting from sales of counterfeit goods despite the Chinese e-commerce giant's pledge to combat the trade in fakes. The lawsuit by France's Kering SA and a group of its brands in a New York court is a setback for Alibaba's effort to assure companies and...
May 15- Ride-sharing company Lyft Inc said it raised $150 million, led by a $100 million investment from activist investor Carl Icahn's Icahn Enterprises LP. The San Francisco- based company had raised $530 million in a funding round led by Japanese online retailer Rakuten Inc in March. That funding round had valued Lyft at about $2.5 billion, which is much less...
In an interview with CNBC's "Squawk Box," Warby Parker co-founder Dave Gilboa explains why the company is moving beyond e-commerce.
Alibaba's new CEO says the company plans to invest heavily outside of China. CNBC's Courtney Reagan reports.
As a student, Liu started a restaurant in Beijing but went bankrupt. After Liu went online in 2003 and expanded into selling home appliances, clothing and other goods, that focus on reliability helped his company, JD.com, grow into China's biggest Internet-based direct retailer. In contrast to China's dominant e-commerce brand, Alibaba Group, which provides...
NEW YORK, May 14- Even as the rise of online retailers such as Amazon.com Inc leads analysts to predict the eventual death of the American shopping mall, real estate fund managers are betting some will prosper- if they can lure the right kind of consumer. Simon Property Group Inc, the largest high-end mall operator in the country with properties including Palo Alto,...
Wal-Mart is teaming up with messaging start-up Tango as it seeks to lure mobile users from powerful rival Amazon.com.
The company was recently valued by investors at $5 billion—and plans to further up its revenue through paid "pins" by advertisers.
With its online checkout process bringing in revenue of $300M in Europe in 2014, Klarna is now poised to enter the US market.
Niraj Shah, Wayfair co-founder and CEO, discusses the e-retailer's earnings beat and big bet on mega marketing.
NEW YORK— Shares of online retailer Zulily are soaring in premarket trading Monday, after Chinese e-commerce powerhouse Alibaba disclosed last week that it bought a stake in the company. Alibaba Group Holding Ltd. disclosed last week that it owns 11.5 million Class A shares of Zulily, or about 9.3 percent of its outstanding shares. Alibaba began buying Zulily...
Alibaba has reached a 9.2 percent stake in U.S. online retailer Zulily, after sweeping up shares at rock-bottom prices last week.
*Zulily shares jumped 18.4 percent to $15.75 in premarket trading, after Alibaba bought a 9 percent stake in the online retailer. Alibaba was down marginally at $86.73. *Actavis rose 3.1 percent to $302 after the drugmaker's revenue jumped almost 60 percent, helped by higher sales of its branded drugs in North America.
Banks including Goldman Sachs Group Inc, Citigroup and Morgan Stanley are looking to hire more bankers in India and are now regularly attending "bake-offs" to pitch for advisory roles on deals, according to several banking industry sources. Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's...