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  • 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...

  • Wayfair, one of the largest online destinations for all things home, has teamed up with Porch.com to connect shoppers with professionals offering a variety of services, from installing a light fixture to assembling a bookcase. The online retailer, based in Boston, will be making the services available through Porch.com starting Tuesday in more than a dozen...

  • PARIS— French cosmetics maker L'Oreal says its sales edged up 1.8 percent in the first three months of the year to 6.55 billion euros as gains in its main markets in Western Europe and North America offset a decline in Latin America. Chairman and CEO Jean-Paul Agon said in a statement Monday that the company "made a solid start in the first quarter" and that online...

  • Millennials go online, 'just don't have the time'

    What do millennials want? Nicole Susie, University of Arizona senior; Nick Duran, University of Arizona senior; and Trish Bohardt, University of Arizona junior, discuss trends in retail.

  • *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,...

  • 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...

  • *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...

  • 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."

  • Inside Jack Ma's rags to riches story

    Duncan Clark, BDA China founder, talks about his new book which tells the story of how Jack Ma built Alibaba and in the process became one of China's richest men.

  • Facebook says it will pay greater attention to advertisers with “overwhelmingly unsatisfactory” products, Buzzfeed reports.

  • 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...

  • EBay Inc. signage is displayed at the entrance to the company's headquarters in San Jose, Calif.

    Colin Sebastian of Robert W. Baird, who has one of the best track records on Wall Street, on Tuesday recommended eBay on solid survey results.

  • The Triton, an oxygen respirator using artificial gills.

    A crowdfunding campaign for a device allowing divers to breathe underwater has come under heavy scrutiny and refunded its backers.

  • H&M is always reinventing itself: Director

    Maureen Hinton, group research director at Verdict Research, talks about the prospects for the Swedish retailer H&M.

  • 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...

  • April 5- Amazon.com Inc is set to release a higher-end Kindle version with a rechargeable protective case for a better battery life, the Wall Street Journal reported on Tuesday, citing a person familiar with the matter. The online retailer is also developing a solar-charged Kindle case, the Journal reported, citing another source. The company's chief executive...

  • April 5- Amazon.com Inc is set to release a higher-end Kindle version with a rechargeable protective case for a better battery life, the Wall Street Journal reported on Tuesday, citing a person familiar with the matter. The online retailer is also developing a solar-charged Kindle case, the Journal reported, citing another source. Amazon could not be...

  • LAGOS, April 5- French telecommunications company Orange is to invest 75 million euro in Nigerian e-commerce group Africa Internet Group and become a shareholder, the two companies said on Tuesday. "With this strategic investment, Orange now has the capacity to play a leading role in the fast-growing e-commerce market in Africa," Stéphane Richard, chairman and...