Rocket Internet, the Berlin-based investor in e-commerce companies, is continuing to expand its roster of stakeholders, as its valuation grows past €4bn ahead of an expected IPO later this year. Read more
For the past year, new internet subscribers in the UK have had to make an “unavoidable choice”.
No, it’s not whether to pay for speeds of 152Mb per second, or whether to subscribe to Premiership football. It’s whether to turn on a “family-friendly network filter”, affectionately known as porn blockers.
And what did Brits decide? Read more
Anthony Noto, the ex-Goldman Sachs investment banker, has just been named as Twitter’s new chief financial officer. Here are five key things to know about him, writes Arash Massoudi: Read more
Jack Ma, Alibaba’s founder, admitted on Sunday that he had never once used Taobao, the ebay-like flagship website for the ecommerce company he will be taking public later this year, writes Charles Clover and Ma Fangjing.
The odd sounding admission came in the middle of a rambling commencement speech to graduates of Tsinghua University on Sunday, in which he highlighted his humble origins and lack of professional experience. He needs to keep his emotional distance from his products, he said, so that he can make decisions about them objectively. And that apparently means not knowing how they work. Read more
Alibaba, which filed for its US IPO on Tuesday, is frequently called the Amazon or eBay of China. But while there may be similarities in their business model, the online shopping experience for customers can be quite different indeed.
Here, a look at some of the things one finds on Alibaba’s various shopping platforms, how they differ from each other, and some of the ways in which they are vastly different from their western counterparts. Read more