With 100 million new internet users every year, Amazon is betting big on India, but a major new investment in homegrown rival Flipkart means the battle to dominate the fast-growing e-commerce market...
Cash-strapped Chinese tech firm LeEco on Monday abandoned its effort to buy US television maker Vizio, citing "regulatory headwinds." Tech giant LeEco led by billionaire Jia Yueting last year...
A record funding round worth $1.4 billion has shored up India's top e-commerce company Flipkart in its fight against online retail giant Amazon. Chinese social media and entertainment firm Tencent...
Rugby can grow from a niche sport to be as big as football in China and eventually rival the cash-rich Chinese Super League in popularity, the head of the sport in the world's most populous nation...
A fruitful funding round has bumped Lyft's value to $7.5 billion, as the ride-hailing company drives to gain ground on scandal-rocked rival Uber, the Wall Street Journal reported Thursday. Lyft is...
Chen Yanfen swirls a glass of Burgundy wine, noting its ruby red robe and fruity bouquet before taking her first sip. She is part of a group of Chinese students diligently imbibing the secrets of...
A rare diamond known as the Pink Star has been sold in Hong Kong for more than $71m (£57m), setting a new world record for any gemstone at auction. The oval-shaped 59.6 carat stone was bought after...
AOL and Yahoo will be combined into a unit called "Oath" after telecom titan Verizon buys the pioneering internet firm, according to a tweet Monday by the AOL chief. Confirmation of a new name for...
A giant diamond named the "Pink Star" broke the world record for a gemstone sold at auction when it fetched $71.2 million in Hong Kong on Tuesday. The 59.60-carat "Pink Star" is the largest in its...
Verizon plans to combine AOL and Yahoo into a new company called Oath, after completing the acquisition of Yahoo. AOL chief executive Tim Armstrong confirmed the move on his personal Twitter account...
An Andy Warhol portrait of Chairman Mao has been sold at a historic auction in Hong Kong - but fell short of its top estimate of $15m (£12m; HK$116m). The iconic silkscreen portrait fetched $11m in...
One of Europe’s top courts is due to open a landmark case that could determine whether luxury goods companies can ban online sales. The case has been brought by German make-up and perfume brand...
Forget Uber, Lyft has its sights set on a new competitor – buses. The ride-hailing app is introducing a pilot program in San Francisco and Chicago that mirrors the bus service model with fixed...
A plum-sized pink diamond is expected to break the world record for a gemstone early next month when it goes under the hammer in Hong Kong, Sotheby's auction house said Wednesday. The 59.60-carat...
From making illegal cross-border deliveries to China in a minivan to buying a fleet of Boeing aircraft, the boss of SF Express has ridden a wave of online shopping to become one of the country's...
Amazon will acquire the Middle East's largest online retailer Souq.com, the two companies said in a statement on Tuesday without disclosing the value of the deal. The announcement comes a day after...
Dubai's Emaar Malls has offered $800 million to buy Souq.com, the Middle East's largest online retailer, it said Monday, challenging a reported offer by global giant Amazon. "Emaar Malls has...
Huang Xiaoshuai and his wife last year splashed out $70,000 for a large painting of fish by Oscar-winning actor Adrien Brody -- part of a growing clique of young, affluent Chinese art enthusiasts...
Chinese President Xi Jinping called Tuesday for peace between Israel and an independent Palestine "as soon as possible" during a meeting with Israeli Prime Minister Benjamin Netanyahu, state media...
Two Super Bowl jerseys stolen from New England Patriots quarterback Tom Brady, one last month in Houston and the other from the 2015 game, have been recovered, the NFL confirmed Monday. Brady took...
