China's JD.com, the biggest e-commerce rival to Alibaba, posted a 73 percent rise in revenue for the three months through December, topping estimates as it expanded sales across more consumer goods categories.
China's former richest man Wang Jianlin once bet Alibaba founder Jack Ma 100 million yuan ($16.3 million) that online purchases in the country would not eclipse bricks-and-mortar buys in the next decade.
China's Dalian Wanda group and Tencent said on Friday they would set up a 5 billion yuan (490.84 million pound) e-commerce joint venture with Baidu, as the firms push into the high-growth e-commerce sector.
A pilot economic zone in the southern Chinese city of Shenzhen is to auction four parcels of land next month, the second auction this year, to draw more e-commerce and trade-related companies to the hub.
The Italian online fashion retailing partner has announced that it will team up with the popular instant messaging application developed by the Asian company Tencent in order to offer a “revolutionary” shopping experi...
China's Alibaba Group Holding Ltd agreed to invest $692 million in a Chinese department store operator as the e-commerce giant looks to bring the benefits and convenience of online shopping to customers who visit real...
China's No.2 internet retailer JD.com, Inc, set for a $1.5 billion U.S. initial public offering, posted a narrower $8.07 million loss in 2013, according to its filing with the U.S. Securities and Exchange Commission.