Bloomberg NetEase Inc., China’s second-largest video game publisher, is deepening a push into e-commerce with plans to increase spending on products from the US, Europe and Japan to sell to local consumers. The company’s Kaola e-commerce business will buy about $11 billion of inventory over the next three years from the US, Europe and Japan to woo customers with everything ...

Bloomberg Lenders to embattled Reliance Communications Ltd. have bought themselves some time in taking provisions on $7 billion of debt, but still face an uphill struggle in turning around the phone company. Last week, the carrier currently controlled by billionaire Anil Ambani proposed banks convert about 15 percent of the loans owed to them into a 51 percent stake, a ...

Bloomberg China Evergrande Group, once the country’s most-indebted developer, raised $9 billion from selling a stake in a property unit to further reduce its leverage. The sale will cut Evergrande’s stake in Hengda Real Estate to 63.5 percent from 73.9 percent, the company said in a filing to Hong Kong’s stock exchange on Monday. This is the third time Evergrande ...