E-commerce

The SoftBank experiment failed.  Here's what comes next.

The SoftBank experiment failed. Here’s what comes next.

Softbank CEO Masayoshi Son on $24 billion in new losses: “I’m quite embarrassed and remorseful.” Str/Jiji Press/AFP/Getty Images Text size The stock market can be a place of humility – just ask Masayoshi Son. The founder and CEO of SoftBank Group (ticker: SFTBY), ‘Masa’ made one of the best venture capital investments ever, providing Jack …

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Alibaba shares jump 7% after quarterly earnings beat expectations

Alibaba shares jump 7% after quarterly earnings beat expectations

Alibaba has faced growth challenges amid tighter regulations in China’s tech sector and a slowdown in the world’s second-largest economy. But analysts believe the e-commerce giant’s growth could accelerate through the end of 2022. Kuang Da | Jemian News | CGV | Getty Images Alibaba on Thursday reported fiscal first-quarter results that beat expectations, pushing …

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