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SoftBank Vision Fund set for new portfolio champion with Coupang IPO

SoftBank Vision Fund set for new portfolio champion with Coupang IPO
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Baidu | Benzinga

Baidu | Benzinga
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

Technology News – News on Mobile, IT, Computers, Information Technology, New Technology

Alibaba beats quarterly revenue estimates on online boom - The Hindu BusinessLine

Alibaba beats quarterly revenue estimates on online boom Reuters February 3 | Updated on February 03, 2021 Revenue rose 37 to $34.24 billion in the three months ended December 31 China’s Alibaba Group Holding Ltd beat Wall Street estimates for third-quarter revenue on Tuesday, as its e-commerce business benefitted from switch to online shopping triggered by the Covid-19 pandemic. The results come as China clamps down on founder Jack Ma’ssprawling business empire, having forced the suspension of a blockbuster $37 billion IPO for Alibaba’s financial affiliate Ant Group. Ma made his first public appearance in three months in January, helping allay investor concerns and boosting shares of Alibaba.

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