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China tells Alibaba, Tencent to open platforms up to each other

China tells Alibaba, Tencent to open platforms up to each other

China's industry ministry has told technology companies including Alibaba Group Ltd and Tencent Holdings Ltd to stop blocking each other's website links from their platforms.
Fashion
Britain's Monzo poised to enter 'buy now, pay later' market

Britain's Monzo poised to enter 'buy now, pay later' market

Monzo is poised to enter the "buy now, pay later" market, according to a source familiar with the plan, as the British digital bank looks to boost its profitability.
Facebook unveils its first smart glasses

Facebook unveils its first smart glasses

Facebook Inc launched its first smart glasses on Thursday in a step toward its aim of offering true augmented-reality spectacles.
Fashion
Chinese prosecutors drop case against former Alibaba employee accused of sexual assault

Chinese prosecutors drop case against former Alibaba employee accused of sexual assault

Chinese prosecutors have dropped a case against a former Alibaba employee accused of sexually assaulting a female colleague, saying they had determined he had committed forcible indecency but not a crime.
JD.com appoints its first ever president, founder to focus on long-term strategies

JD.com appoints its first ever president, founder to focus on long-term strategies

China's JD.com said on Monday Xu Lei will become the e-commerce giant's first ever president, making way for chief executive and founder Richard Liu to devote more time to formulating long-term strategies.
China's Alibaba to invest $15.5 billion towards "common prosperity"

China's Alibaba to invest $15.5 billion towards "common prosperity"

Alibaba Group will invest 100 billion yuan ($15.5 billion) by 2025 in support of "common prosperity", it said, becoming the latest corporate giant to pledge support for the initiative driven by President Xi Jinping.
Lagardere shares steady after billionaire Arnault restructures holding

Lagardere shares steady after billionaire Arnault restructures holding

Shares in publishing company Lagardere opened flat on Thursday after big drops in previous days as luxury goods billionaire Bernard Arnault confirmed he was effectively cutting ties with the company's chief executive.
JD.com workers get unions in watershed moment for China's tech sector

JD.com workers get unions in watershed moment for China's tech sector

E-commerce powerhouse JD.com has established a union for its staff, a landmark move in the country's tech sector where organised labour is extremely rare.
Walmart to hire 20,000 supply chain workers ahead of holiday season

Walmart to hire 20,000 supply chain workers ahead of holiday season

Walmart Inc said on Wednesday it planned to hire 20,000 workers at its supply chain division and raise wages ahead of the busy holiday season anticipating higher demand.
Fashion
Shopee dips toe in India e-commerce market with seller recruitment campaign

Shopee dips toe in India e-commerce market with seller recruitment campaign

Singapore-headquartered Sea Ltd's Shopee has launched a recruitment campaign for vendors to sell on what it called "Shopee India" and is ramping up hiring in the country, according to Youtube videos and job postings.
Affirm soars on buy now, pay later pact with Amazon

Affirm soars on buy now, pay later pact with Amazon

Affirm Holdings Inc shares surged 43% on Friday after the company partnered with Amazon.com Inc to make its buy now, pay later (BNPL) service available to certain customers of the e-commerce giant.
Instagram to require users to share their birthday amid youth safety push

Instagram to require users to share their birthday amid youth safety push

Instagram will begin requiring users to confirm their birthdays as part of an effort to create new safety features for young people, the Facebook Inc-owned social media app said Monday.
Hollister expands Confidence Project to EMEA

Hollister expands Confidence Project to EMEA

​Abercrombie & Fitch’s Gen Z-focused Hollister brand has expanded its well-being initiative, The Confidence Project, to EMEA following its US launch last year.
Fashion
Pinterest shares slump as growth warning rattles investors

Pinterest shares slump as growth warning rattles investors

Shares of Pinterest fell about 20% before the opening bell on Friday and were set to start trading at more than a three-month low after the company warned of slowing user growth in the United States, its largest market.
Facebook warns of significant slowdown in sales growth

Facebook warns of significant slowdown in sales growth

Facebook Inc said on Wednesday it expects revenue growth in the third and fourth quarters to "decelerate significantly," sending the social media giant's shares down about 5% in extended trading.
UK financial watchdog sets gender diversity targets for listed companies

UK financial watchdog sets gender diversity targets for listed companies

Companies listed on the stock market should aim for women to make up at least 40% of their boards or explain why this has not been achieved, Britain's Financial Conduct Authority said on Wednesday.