Alibaba priced its shares at $68 a piece, and investors are likely to push the price higher when it opens for trading on Friday, analysts say.» Read More
The "Fast Money" traders share their final trades of the day.
Despite having about one-fifth the worldwide total of Internet users, China is notoriously tough for U.S. venture capital firms.
The day has been long for Justin M. Leverenz, who runs America's largest emerging markets mutual fund at Oppenheimer Funds.
For some young Chinese, the desire to work for foreign companies may be losing its appeal.
Alibaba will likely file new documents next week on first-quarter results and a breakdown of Alibaba's businesses and partners, sources told CNBC.
BEIJING, June 11- Alibaba Group Holding Ltd said on Wednesday it will buy all the remaining shares of mobile browser firm UCWeb in the biggest merger in Chinese internet history, as the e-commerce giant steps up its spending spree ahead of its U.S. listing.
SHANGHAI, June 5- Chinese censors are investigating 52 websites owned by firms including top search engine Baidu Inc and online video business Youku Tudou Inc over the distribution of violent and pornographic content, the official Xinhua news agency said on Thursday.
What Google may buy, if it goes on a global buying spree.
Yu'e Bao, available on smartphones, is conveniently linked to China's biggest online payments platform Alipay, similar to PayPal and owned by an affiliate of e-commerce giant Alibaba Group Holding Ltd. Users can dip directly into Yu'e Bao to pay for goods bought online.
Baidu has hired Google's former artificial intelligence chief to start a new AI lab at the Chinese search engine.
SAN FRANCISCO, May 16- China's top search engine Baidu Inc has hired Google Inc's former artificial intelligence chief Andrew Ng to spearhead research in a field that promises to show Internet companies how to maximize use of their vast data trove.
This stock has climbed roughly 86 percent year-to-date, but Jim Cramer thinks it has even more room to run.
David Chao, Co-Founder and General Partner at DCM, explains why Tencent is the frontrunner in China's competitive mobile space.
May 14- Good Technology Corp, a provider of software security solutions, filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock.
Some of Monday's midday movers:
*Private banks beefing up Greater China, Singapore teams. SINGAPORE/ HONG KONG, May 9- Alibaba Group Holding Ltd's planned IPO is set to create a long list of multi-millionaires just from its partners in the company- music to the ears of private bankers seeking to cash in on the wealth created by China's tech sector boom.
Alibaba's IPO marks both the end of the old Chinese Internet era and the beginning of the country's rise as a global leader in tech.
A consumer rights law firm said it filed a lawsuit against Google alleging the company "illegally monopolized" the Internet and mobile search market.
BEIJING, May 1- China's censors are asserting their authority over foreign TV content on the country's booming online video sites, after years of hands-off regulation, raising the risks for U.S. distributors left in the dark about which shows might fall foul of the rules.
*Pfizer works on next move in takeover bid for Astrazeneca. Leading the Nasdaq down was Amazon.com, which extended Friday's sharp drop a day after its earnings report. Shares of Pfizer gained 4.2 percent to $32.04 after the U.S. drugmaker was said to be working on its next move in a potential bid to take over Britain's AstraZeneca Plc.