Didi Chuxing, Uber's rival in China which Apple invested $1 billion into, has denied reports that it is planning to go public.
It's often referred to as the "Uber of China," but Didi Chuxing crushes competitors in the Chinese market.
Markets in Asia retreated further on Friday, with Japanese stocks coming under pressure from fresh strength in the yen against the dollar.
Thomas Zilliacus wants to prove that eyeballs can also translate into dollars with YuuZoo, which creates personalized social e-commerce platforms.
Eastspring Investments' Asia equity portfolio specialist, Ken Wong, explains why his firm prefers Chinese IT companies like Baidu and AAC to Alibaba.
Alibaba founder Jack Ma addresses rumors the company is pursuing a takeover of AC Milan.
I'm concentrating on monetizing Chinese internet portal Sina and microblog Weibo, not selling them, Sina boss Charles Chao tells CNBC.
Apple's iTunes Movies and iBooks store have been closed down in China, signalling a possible shift in its relations with Beijing, the NYT reports.
Verizon was set to advance to the second stage of bidding for Yahoo's core assets, as the company went through offers to put together a short list.
The "Fast Money" traders give their final trades of the day.
Alibaba has agreed to buy a controlling stake in Southeast Asian online retailer Lazada to tap into the region's lucrative consumer market.
Jim Wilkinson, Alibaba's senior vice president for international corporate affairs, is leaving the company to start a new firm. Re/code reports.
Yahoo's web business is estimated to be worth several billion of dollars more than Time Inc's market capitalization of just $1.6 billion.
Singapore-based Reebonz is betting on luxury consumption picking up despite chilly economic conditions that has personal luxury growth slow down.
Last time Microsoft was in talks to buy Yahoo, the Web company was led by co-founder Jerry Yang and claimed to be worth over $50 billion.
Microsoft execs have been meeting with private equity firms mulling bids to buy Yahoo and may finance their efforts, Re/code reports, citing sources.
Activist hedge fund Starboard Value wants to remove the entire board of troubled web portal Yahoo, according to the Wall Street Journal.
The deal reportedly raises the media, sports and fashion agency's valuation to $5.5 billion.
Thousands of apps running code built by Baidu have collected and transmitted users' personal information to the company, researchers say.
Uber is losing more than $1 billion a year in China, amid fierce competition from local ride-hailing rival Didi Kuaidi, the Financial Times reports.