EBay Inc. said it had sold its 28.4 percent equity stake in Craigslist Inc. back to the online classified advertising company.
EBay Inc. is introducing ads that merchants will pay for only if they lead to actual sales.
The current level of 30,000 workers should be enough to maintain operations, Ma said in a transcript posted to an official Alibaba account on the social-media application Laiwang.
Indian jewelers are banking on what’s considered one of the most auspicious days for gold buying to spur demand.
Foreign investors bought South African equities using liquidity from economic stimulus in Europe to take stakes in the country’s companies such as retailers.
Boston University received $50 million, its largest gift ever, for its management school from retailing executive Allen Questrom and his wife Kelli.
David Beckham-branded products are set to head to China when the British soccer star’s Hong Kong joint venture partner rolls out its goods in a few months.
She is the latest executive to depart, including human-resources director Sara Sperling and advertising executive Mike Randall, who the company had hired from Facebook.