The $2.5 billion merger of two Chinese online shopping companies is the latest sign startups are changing their strategies, as the world’s second-largest economy stumbles with slowing growth and stock market routs. http://on.wsj.com/1Pp6TBw
The global stock rout set off by China last week heralds a new era of increased world-wide influence for the country’s isolated stock market, as investors worry about management of the nation’s huge economy. http://on.wsj.com/1neShhn
In the coming weeks, Amazon expects to release a smaller, portable version of its voice-activated tabletop Echo speaker, building off the device’s surprise success. http://on.wsj.com/1Pp6VJz
Crude-oil prices fell as traders built up short positions amid crumbling confidence in the Chinese economy and a growing global glut. http://on.wsj.com/1neSfX1