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Chinese e-commerce rivals challenge Alibaba

In this Friday Aug. 29, 2014 photo, three of China's richest men, Wang Jianlin, center, chairman of Wanda Group, Pony Ma, right, CEO of Tencent, and Robin Li, left, chairman and CEO of Baidu Inc., hold hands at the launch ceremony of a joint venture of online-to-offline e-commerce in Shenzhen in south China's Guangdong province. China’s biggest developer, Wanda Group, and Internet giants Baidu and Tencent unveiled the new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering. The Chinese characters at top reads "Complete Success." (AP Photo)

China’s biggest property developer, Wanda Group, and Internet giants Baidu and Tencent unveiled a new e-commerce venture Friday in a challenge to industry leader Alibaba Group ahead of its U.S. stock offering.

Posted: September 1st, 2014 in Latest Business Stories | Read More »

Datem comes of age

By
DATEM is committed to reinforcing the construction industry’s foundation.

It was a high-rise real estate project in the early 1980s that prompted three friends to set up what would become one of the country’s leading construction companies.

Posted: August 24th, 2014 in Headlines,Latest Business Stories | Read More »

Google buys product design firm Gecko

Gecko Design logo

Google on Friday confirmed that it bought Gecko Design to bolster its lab devoted to technology-advancing projects such as self-driving cars and Internet-linked Glass eyewear.

Posted: August 23rd, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Who butters your bread?

By
John Zeigler, DDB Asia-Pacific, India, China chair and CEO (4th from right), Gil Chua, DDB Group Philippines, group chair and CEO (3rd from right).

Digital technology is mindblowing, intimidating to some, overwhelming to others. Has it rendered you obsolete yet? It won’t if you keep on churning big ideas.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

Amazon loss widens despite climbing sales

This June 4, 2014 photo shows Amazon.com boxes in Phoenix. Amazon reports quarterly financial results on Thursday, July 24, 2014. (AP Photo/Ross D. Franklin)

Internet retail titan Amazon on Thursday reported a money-losing quarter despite impressive growth in sales, sending shares plummeting by more than nine percent.

Posted: July 25th, 2014 in Latest Business Stories | Read More »

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