Business

Alibaba eyes $12.9 bn Hong Kong IPO after setting price

Chinese online retail titan Alibaba said Wednesday it could raise almost $13 billion in Hong Kong's biggest IPO for nearly a decade after announcing the pricing of its shares for the mega sale.

Business

Uber shares skid as losses widen

Uber shares skidded Monday after the ride-hailing giant reported widening losses in the just-ended quarter as it boosted investment in new services and features.

Internet

Amazon eating Google online search ad share: eMarketer

Amazon is eating into Google's giant slice of online search advertising in the US as businesses target the online retail platform's shoppers, according to an eMarketer forecast released on Tuesday.

Business

Internet rained on vacation of big travel firms

Booking a vacation used to mean selecting a package holiday from the catalogue of a big tour operator, but with the advent of the internet consumers now have more options, a luxury that big travel operators have had difficulty ...

Consumer & Gadgets

New Huawei handset to launch without Google apps

Huawei's upcoming flagship Mate 30 smartphone will launch next month without key Google apps, creating a disadvantage for the Chinese tech giant hit by US sanctions.

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