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In ancient mythology, Chinese unicorns are lucky, rare creatures that appear to mark the arrival or death of a great leader, like Confucius. Today, China's tech unicorns -- private companies valued at $1 billion or more -- are far more commonplace and look increasingly cursed.
By Bloomberg NewsNovember 15 -
Temasek Holdings Pte pared its investment in Alibaba Group Holding Ltd. in the third quarter, as shares of China’s biggest online retailer rallied, while emerging as a shareholder of software maker Dell Technologies Inc.
By Bloomberg NewsNovember 15 -
The crisis sparked by the shortage of cash in India following Prime Minister Narendra Modi’s anti-graft measure to ban high-value currency bills has hit the movement of goods in Asia’s third-largest economy.
By Bloomberg NewsNovember 15 -
Google last month quietly bought Undecidable Labs, a startup founded by a former Apple Inc. director that focused on turning online searches into purchases, according to a person familiar with the deal.
By Bloomberg NewsNovember 14 -
Australia should follow India’s lead and scrap its biggest bank notes, UBS Group AG said.
By Bloomberg NewsNovember 14 -
The move is designed to help publishing companies improve coupon and payments performance.
By Bloomberg NewsNovember 11 -
Chinese internet companies face a new reality after Donald Trump’s surprise victory as U.S. president-elect — and Alibaba Group Holding Ltd. has the most to lose.
By Bloomberg NewsNovember 10 -
Cash may no longer be king in India. The nation’s nascent digital economy stands to be the biggest beneficiary of its strongest crackdown on corruption since 1978.
By Bloomberg NewsNovember 9 -
Security software-maker Gemalto NV Chief Executive Officer Philippe Vallee says sales growth will accelerate as soon as this quarter.
By Bloomberg NewsNovember 8 -
China has green-lit a sweeping and controversial law that may grant Beijing unprecedented access to foreign companies’ technology and hamstring their operations in the world’s second-largest economy.
By Bloomberg NewsNovember 7