Search leader Google (GOOGL) and social media leader Facebook (FB) will remain the Nos. 1 and 2 sellers of digital and mobile ads worldwide this year, but China’s search leader Baidu (BIDU) and its e-commerce king Alibaba Holdings (BABA) are fast becoming powerhouses, says a new report from research firm eMarketer. Baidu and Alibaba appeared at Nos. 3 and 4, respectively, on the annual digital ad power players report that eMarketer released on
After it spins off from eBay in 2015, PayPal will face a brace of challenges, three of which go by the names Apple, Alibaba and Google. Apple (AAPL) has entered mobile transactions with Apple Pay, a payment app that piggybacks on existing credit card and bank networks. China e-commerce leader Alibaba Group’s (BABA) affiliated payments business Alipay plans to expand outside China and increasingly threatens PayPal in world markets. Google Wallet,
Seven initial public offerings Friday raised the total for the year to 271, up 23% from the year-earlier period and the most since 2000. The IPOs have raised $84.2 billion, which includes the $21.8 billion raised by Alibaba (BABA) on Sept. 18, according to IPO ETF manager Renaissance Capital. Another six IPOs are scheduled for next week. If they all price, they would bring the total to 277 — compared to 406 IPOs in 2000, the peak of the dot-com