Alibaba Group Holding Limited’s (NYSE:BABA) moved down in previous session as it financial affiliate has designs on becoming an all-round Chinese services juggernaut, as well as is willing to let investors join in as it takes on established state-run institutions. Zhejiang Ant Small & Micro Financial Services Group Co., which […]

Alibaba Group Holding Limited (NYSE:BABA) dropped in previous session as it is in talks to rent more office space in the Seattle area, anywhere founder Jack Ma first came upon the Internet while visiting the city two decades before. The Hangzhou, China-based e-commerce firm is considering a sublease for approximately […]

Alibaba Group Holding Limited’s (NYSE:BABA) dropped in previous session as it delivery arm is establishing a Chinese network of unprecedented scale, even as it enlarges warehousing in the U.S. and elsewhere to push the e-commerce operator’s worldwide ambitions. Zhejiang Cainiao Supply Chain Management Co., of which Alibaba owns 48%, is […]

International Business Machines Corporation (NYSE:IBM) slightly down in previous session as it will enlarge the networking services available through its SoftLayer cloud technology, attempting to catch up with deep-pocketed rivals. IBM researchers and engineers are now making regular trips to SoftLayer’s headquarters in Dallas to discuss product plans and get educated […]

Alibaba Group Holding Limited (NYSE:BABA) slightly up in previous session as it released an extension of its cross-border e-commerce initiatives, comprising the release of 11 official country pavilions on its Tmall Global platform and cooperative alliances among Juhuasuan, Alibaba’s group-buying platform, and 26 foreign embassies in China. A total of […]

One of the largest chain of drive-in restaurants in the US, Sonic Corp. (NASDAQ:SONC) released that an increase in profit for the Q3 driven mainly by strong similar-store sales and margins. Earnings for the quarter were in line by means of estimates, while revenues trumped Wall Street anticipations. On the other […]