Tag: alibaba group

Fundings & Exits Startups TC

Alibaba invests in WayRay, a maker of augmented-reality dashboards for smart cars

March 16, 2017
Catherine Shu

 After launching its first car last year, Alibaba is digging deeper into the automobile industry. The…

e-commerce economy Finance money

Alibaba’s arch rival JD.com spins out its financial services business

March 3, 2017
Jon Russell

 While Alibaba’s Ant Financial fintech affiliate is out doing deals to expand its global presence and raising a…

TC Verizon

Marissa Mayer forgoes bonus and equity in wake of Yahoo security incidents

March 1, 2017
Kate Conger

 Yahoo’s board has decided that CEO Marissa Mayer will not receive her annual bonus this year,…

economy Finance Fundings & Exits money TC

Alibaba’s Ant Financial expands to Korea with $200M investment in Kakao Pay

February 20, 2017
Jon Russell

 Alibaba affiliate Ant Financial is making yet another M&A deal. The firm is investing $200 million into…

digital media Enterprise Hack Security Verizon

Marissa Mayer resigning from Yahoo board as company renames itself Altaba

January 9, 2017
Kate Conger

 Despite hiccups, Yahoo’s planned sale to Verizon appears to be moving forward — but some portions of…