Highlights from quarterly reports of most watchable US…

Rhea Liu and Mochou Lee Twitter’s stock price tumbled 12.8% on Tuesday after its forecasted revenue fell short of analysts’ expectations. As Twitter lets investors down, some other companies indicated positive financial results in the…

Jack Ma said for every fake sold Alibaba…

Siyang Wang Alibaba has long been accused of allowing merchants to sell fake goods on its e-commerce platforms. In an interview with Xinhua News Agency on Monday, Jack Ma, the executive chairman of Alibaba Group,…

Tmall to make Beijing its new headquarters

Rhea Liu Alibaba’s premium e-commerce portal, Tmall, is about to set up a new headquarter in Beijing in time for the November “Double 11” celebration, reports industrial blog Huxiu. Alibaba announced today its “Hangzhou+Beijing dual-center…