China's Ant Financial amasses 50 million users, mostly low-income, in new health plan

A mutual health aid plan launched by Ant Financial Services Group, the dominant fintech player in China, has amassed more than 50 million users and is aiming for 300 million within two years, the company said late on Thursday.

Uber filing lists revenue gains, struggles of food business

Uber Technologies Inc's restaurant delivery business has grown revenue to $1.5 billion in just three years, the company disclosed in its IPO filing on Thursday, dwarfing the revenue of its profitable, and already public, rival Grubhub Inc.

Tesla begins offering leases for Model 3

Tesla Inc on Thursday started leasing out its Model 3 sedan in the United States, in a financing option that would increase the electric car maker's customer base.

Disney unveils price, launch date for big streaming push

Walt Disney Co priced its highly anticipated streaming video service below Netflix in an aggressive move to challenge the dominant streaming service and entice families to buy yet another monthly subscription.

SoftBank picking its battles with U.S. national security committee

SoftBank Group Corp has agreed to give up board seats and access to sensitive information, take a more passive role in startups and make other concessions to get government clearance for its technology deals, as the Japanese investor confronts a new U.S. law aimed at cracking down on foreign investo...

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Disney sees ESPN+ reaching up to 12 million subscribers by 2024

ESPN+, Walt Disney Co's sports video streaming service, could attract between 8 million and 12 million paying subscribers by the end of the fiscal 2024 year, the company said on Thursday.

Marvel, monsters and 'Mandalorian' coming to Disney+ app

Walt Disney Co unveiled new details on Thursday about Disney+, a family-friendly digital video subscription that is set to debut later this year and compete with Netflix Inc.

Amazon Japan raises Prime membership fee for first time in 11 years

Amazon.com Inc's Japanese unit raised the membership fee for its Prime service by 26 percent on Friday, the first such hike since it was launched in the country 11 years ago.

China's largest stock image provider shuts website after criticism

Visual China Group, China's largest stock images provider, on Friday shut its website to make changes and apologized after it was criticized online and by regulators for selling images which it did not hold the ownership rights to.

Factbox: SoftBank's transportation bets

In addition investing more than $25 billion in Didi, Uber, Ola, Grab and Cruise, SoftBank Group Corp and its investment arms have poured another $5 billion into eight companies involved in some aspect of transportation.

Inside SoftBank's push to rule the road

SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc turn into more than $13 billion when the company goes public next month.

Elon Musk's SpaceX sends world's most powerful rocket on first commercial flight

The most powerful operational rocket in the world, SpaceX’s Falcon Heavy, launched its first commercial mission on Thursday from Florida in a key demonstration for billionaire entrepreneur Elon Musk's space company in the race to grasp lucrative military launch contracts.

Disney announces price and date of new streaming service

Walt Disney Co on Thursday said its new family-friendly streaming service will cost $7 monthly or $70 annually with a slate of exclusive TV shows and movies from some of the world's most popular entertainment franchises in a bid to challenge the digital dominance of Netflix.

Factbox: How Uber and Lyft compare on key financial metrics

Uber Technologies Inc’s initial public offering filing on Thursday contains data that will be key to selling itself to investors.

Walmart responds to Bezos with tweet asking Amazon to pay taxes

Amazon.com Inc Chief Executive Jeff Bezos on Thursday challenged retailers to hike their minimum wages to $16 an hour, prompting a comeback from Walmart Inc which asked its rivals to pay taxes.

Uber unveils IPO with warning it may never make a profit

Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing.

SpaceX's Falcon Heavy conducts first commercial flight

The most powerful operational rocket in the world, SpaceX’s Falcon Heavy, launched its first commercial mission on Thursday from Florida in a key demonstration for billionaire entrepreneur Elon Musk's space company in the race to grasp lucrative military launch contracts.

Explainer: Who is in the driver's seat in battle for South Korean gaming giant Nexon?

The sale of a controlling stake in the parent of South Korean gaming firm Nexon Co is now narrowing to a handful of serious bidders after generating fevered speculation. 

Disney hopes Wall Street bets on new global streaming service

Walt Disney Co on Thursday unveiled details of a family-friendly streaming service with TV shows and movies from some of the world's most popular entertainment franchises in a bid to challenge the digital dominance of Netflix.

In IPO, Uber reveals 91 million users but slowing growth

Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offering filing.