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Founder of Chinese e-commerce firm Pinduoduo departs

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HONG KONG — Colin Huang, founder of the Chinese e-commerce firm Pinduoduo, stepped down as chairman Wednesday just as the company’s annual user base...

Japan Post, Rakuten tie-up in digital delivery, cashless pay

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<p>TOKYO &mdash; Japan’s postal system is investing 150 billion yen ($1.4 billion) in an 8% stake in the e-commerce venture Rakuten to strengthen a...

Japan Post, Rakuten tie-up in digital delivery, cashless pay

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TOKYO — Japan’s postal system is investing 150 billion yen ($1.4 billion) in an 8% stake in the e-commerce venture Rakuten to strengthen a...