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(Bloomberg) -- Tencent Holdings Ltd. announced it will shut down its game streaming service, more than a year after Beijing blocked its effort to create China’s equivalent of Amazon.com Inc.’s Twitch through a merger.Most Read from BloombergCanada to Ban Foreigners From Buying Homes as Prices SoarMocked as ‘Rubble’ by Biden, Russia’s Ruble Comes Roaring BackRussia Skirts Nearer Default After Dollar Payment BlockedU.S. Drones for Ukraine Will Include Latest Tank KillersUkraine Update: UN to Vote...

The pandemic was a huge catalyst for shopping online. Global e-commerce sales jumped from $3.3 trillion in 2019 to $4.25 trillion in 2020. But don't think this is just a one-time boost -- the growth of e-commerce has been ongoing for many years and should continue for many more i...

With any delivery company, hidden fees or marked-up products can take a toll on customers. In this video clip from "The Virtual Opportunities Show" on Motley Fool Live, recorded on March 22, Fool.com contributors Travis Hoium and Demetri Kalogeropolous discuss how companies shoul...

There's no denying Walt Disney's (NYSE: DIS) late-2019 launch of Disney+ is largely responsible for reshaping the streaming industry. For years, Netflix (NASDAQ: NFLX) was the only real player in the industry. Once Disney+ proved there was room for more than one, it emboldened ot...

Walmart's Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and now plans a U.S. listing in 2023 instead of this year, two sources with direct knowledge of the plan told Reuters. Flipkart, which competes with Amazon.com Inc in India's booming e-commerce space, had earlier set an IPO valuation goal of $50 billion, Reuters has reported. The main reason for waiting for the IPO is due to Flipkart's internal plan to boost valuations further by focussing on two of its relatively new businesses -- online healthcare services and travel bookings, two of the sources with direct knowledge said...

The Blue Origin founder and former Amazon CEO wants to beat Tesla and SpaceX's CEO in the billionaire space race...

India's top retailer, Reliance, has privately defended an abrupt takeover of the stores of debt-laden rival Future Retail, saying mounting dues of $634 million compelled it to act beyond expectations, a company letter shows...