The provider of China's leading online trading platform seeks to raise up to $1.3 billion in a deal that includes clawback provisions for cornerstone investors.
David Williams has resigned from his position as Asia Pacific partner at Silicon Valley venture capital firm Draper Fisher Jurvetson (DFJ). He is set to return to an investment banking job but has yet to name which firm he will join
SWIFT and Identrus find natural allies in each other, and are poised to roll out their secured internet payment and messaging services for cross border B2B payments.
Will banks merely be the gas stations of the e-commerce superhighway? Goldman Sachs predicts that unless banks respond to the raised bar, they are in danger of marginalization.