Alibaba Group Holding Ltd is leading a bid to take department store operator Intime Retail Group Co private, as China's largest online retailer seeks to deepen its integration with bricks-and-mortar stores.
The cars are still the stars, but the Detroit auto show is changing, as is mobility.
The popularity of cross-border online shopping is growing in China, with younger people and families being the driving force, according to a report issued by Amazon China.
Yahoo Inc Chief Executive Officer Marissa Mayer is among six directors who plan to leave the board of the investment company that will be left after the closing of the proposed sale of Yahoo's main internet properties to Verizon Communications Inc.
China's financial market regulators are seeking opinions about how to better regulate trading of bitcoin, the virtual currency. These steps may include setting up a depository platform, said sources with close knowledge of the matter.
Freelance work has acquired a whole new dimension in the digital age, becoming a chosen lifestyle for a growing number of Chinese professionals.
Young professionals appear to prefer freelance work to experience a new way of boss-free job and control over work and career growth. But older professionals opt for freelancing mainly to strike a perfect work-life balance.
The benefits of contract work are attracting a growing number of skilled people as well as cost-conscious employers, according to London-based recruiting expert Hays.
Fast-food chain McDonald's Corp announced on Monday the sale of 80 percent of its Chinese mainland and Hong Kong operations to a consortium including CITIC Ltd and Carlyle Group LP.
Chinese internet giant Tencent Holdings Ltd launched "mini apps" on Monday, which let users interact with app-like services within its instant messaging app WeChat, without having to download and install them.
Capital controls to provide for an orderly opening of China's capital market are an appropriate policy choice by the Chinese authorities, which are under pressure to strike a balance between sustaining growth and containing financial risks, Axel Weber, chairman of UBS Group AG, said on Monday.
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Raymond Zhou
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Chen Weihua
