Alibaba posted its first operating loss as a public company as an antitrust fine it received last month weighed on its earnings.
eBay will start offering loans to businesses that sell through its marketplace in the UK, pitting the e-commerce group against high street banks.
The program will be closely watched by executives at mainstream banks, who have long worried about the potential impact large tech companies could have on the sector.
Timestamps
– BABA 02:30
– EBAY 04:05
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