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Payment and ad revenue grew significantly as Tencent reduces its dependency on games.

The two companies will cooperate on selling furniture and home products online as well as on revitalizing department stores and shopping malls.

The company is planning to repurchase 10% of its shares.

Its shipments more than doubled.

The short video app had 188 million downloads in Q1 2019, slightly ahead of Facebook.

Alibaba is a powerful platform to tap into rising demand from China.

Best serves TMall and Taobao, among other e-commerce heavyweights.

The online grocer had diversified into many on-demand niches but is now scaling back several of them.

The platforms will be designed to bolster the country’s sharia-compliant economy.

It was valued above USD 2.5 billion in the previous fundraising round.