Eighteen months ago, Alibaba Group Holding Ltd. was under U.S. scrutiny because counterfeiters were selling goods on its website. Now it’s heading for what may be the nation’s biggest initial public offering since 2008.
Alibaba Group Holding Ltd. kicked off the process for what may be the biggest U.S. initial public offering in two years after struggling to persuade Hong Kong regulators to approve its proposed governance structure.
How do you create a $15 billion company in an industry that gives its primary product away? Line Corp. did it by getting smartphone users to pay for teddy bear icons and games with cute cookies and wicked witches.
Huawei Technologies Co., China’s largest maker of phone equipment, got word out about its new MediaPad tablet computer by creating a page on a site where Web users in the Asian nation are forbidden to go: www.facebook.com.
Youku.com Inc. Chief Executive Officer Victor Koo says he’s tired of being asked whether his company, China’s biggest online-video provider, is the nation’s version of YouTube or Hulu. It’s both and better, he says.