Daraz Group, the e-commerce retailer backedby Alibaba Group Holding Ltd., expects to continue doubling retail volume over the next 5 years thanks to its lead in emergent South Asian markets.

Raine Group and several former NBA stars are backing a Hong Kong startup that’s piecing together Asia’s first major basketball club competition with FIBA’s blessing.

Blackstone Inc. bought a portfolio of 124 logistics properties from Cabot Properties Inc. for $2.8 billion, the private equity company’s latest wager on warehousing in Europe and the U.S.

Bank of Montreal has hired Warburg Pincus veteran Blake Holden to lead its investment bank’s coverage of private equity firms.

Hi, it’s Ed in New York, bringing you the inside story of how a secretive robot is helping one private equity firm pick winning bets. We’re also looking at how two personal-care companies finally got regulators to agree to a deal, and renewed interest in Italian soccer league Serie A.

Omicron is a clone of OlympusDAO, a fascinating decentralized-finance Ponzi scheme that we’ll probably have to talk about around here one day, but that’s not why it’s up. It’s up because it is a tradable claim with the word “omicron” in its name, and the word “omicron” is up.

Open English, an online English school targeting Spanish speakers, is planning a U.S. initial public offering next year, according to people with knowledge of the matter.