McDonald's Corp has ended its 41-year-long sponsorship deal three years early, the International Olympic Committee said on Friday. In January, e-commerce giant Alibaba was announced as a new major sponsor to the event.
The tech tradeshow, dedicated to start-ups, kicks off this Thursday. With 250 sessions planned, Viva Technology showcases the best of luxury with the involvement of several different brands from LVMH Group.
Chinese e-commerce giant Alibaba Group Holding Ltd on Monday said it is launching new sales channels in Singapore, Malaysia, Hong Kong and Taiwan as China's deep-pocketed e-commerce firms vie for new users.
European private equity firm Investindustrial has invited the investment vehilce of Alibaba's founder Jack Ma to submit a last-minute joint bid of more than 800m euros for L'Oreal's The Body Shop, according to sources.