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China’s JD.com says watchdog accepts request for probe into rival Alibaba’s practices

November 5, 2015 creative alibaba, double, hangzhou, online-shopping, raised-concerns, the-biggest, the-country, the-watchdog, vancouver-based, wording-on-its, year, zalando

A Chinese regulator has formally accepted a request by JD.com, the country's second-biggest online retailer, to investigate its rival Alibaba Group Holding Ltd for possible unfair practices during promotions, JD.com's official microblog said on Thursday. Alibaba, China's biggest e-commerce firm, has previously denied accusations outlined in a JD.com letter to the State Administration for Industry and Commerce (SAIC) in the run-up to Nov. 11 'Singles' Day' promotions, the biggest online shopping day of the year in China

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Informatica to go private in $5.3 billion leveraged buyout

April 7, 2015 admin audrey-mbugua, chairman, chairman-john, devika-krishna, private-equity, satya-nadella, the-biggest, year

By Devika Krishna Kumar and Greg Roumeliotis (Reuters) – Business software maker Informatica Corp said it would be bought for about $5.3 billion by private equity firms Permira Funds and Canada Pension Plan Investment Board (CPPIB), in the biggest U.S. leveraged buyout so far this year.

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Online gambling company GVC interested in ‘something like’ Bwin

March 23, 2015 admin biggest, bwin-party, chief-executive, gambling, gathered-steam, holdings, london, markets-hurts, sportingbet, the-biggest, the-gambling

Online gambling company GVC Holdings Plc is in talks for potential acquisitions and “something like” rival Bwin.party would be of interest, Chief Executive Kenneth Alexander said. Consolidation activity in the gambling industry has gathered steam as an increase in taxes and regulations in some of the biggest markets hurts companies

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Online ad revenue at risk in war on ‘click fraud’

March 23, 2015 admin association, bwin-party, country, crook-infects, gambling, gathered-steam, largest, markets-hurts, now-stipulate, sportingbet, study-conducted, the-biggest

Spurred by a warning in December by the Association of National Advertisers (ANA) that businesses are losing $6.3 billion a year to so-called “click fraud,” these companies now stipulate in advertising contracts that they will only pay for online ads when given proof that humans clicked on them. “We don't want to be paying for non-human traffic,” said Mark Clowes, global head of advertising at American International Group Inc , the largest commercial insurer in the country. In a typical click fraud scheme, a crook infects many computers with malicious software, and directs the machines – called bots – to visit a webpage, click on an ad or watch a video

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Optimal Payments to buy e-wallet rival for $1.2 billion

March 23, 2015 creative core-profit, crook-infects, largest, maker, markets-hurts, now-stipulate, optimal, skrill, the-biggest

London-listed Optimal Payments Plc is to buy the maker of the Skrill e-wallet, the biggest competitor to its Neteller business, for an enterprise value of about 1.1 billion euros ($1.2 billion), it said on Monday.

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Hon Hai, Tencent partner in electric car business

March 23, 2015 creative alibaba-group, contract, core-profit, drawing-on-its, foxconn, headquarters, internet, largest, nascent-market, optimal, skrill, smart-electric, the-biggest, tucheng

Taiwan's Hon Hai Precision Industry Co Ltd on Monday said it has partnered Chinese social networker Tencent Holdings Ltd to develop opportunities related to electric vehicles, marking the latest tech foray into “smart” cars. Hon Hai, WeChat operator Tencent and luxury car dealer China Harmony Auto Holding Ltd signed an agreement to work together in the Chinese city of Zhengzhou, Henan province, the contract manufacturer said without detailing specifics. The partnership would put Tencent on a par with online peers Alibaba Group Holding Ltd and Baidu Inc, which have already moved into the nascent market for Internet-connected cars vie tie-ups with major auto makers