Fitness-based social networking app Strava rolls out raft of new features The app has announced a string of new AI-powered features, including tools to detect and deter leaderboard cheating, a new 'family plan', and AI analysis of user performance. Read more.

Reliance Retail and ASOS confirm exclusive collaboration The two companies have announced that they are partnering to launch Asos own-brands in India. This is the first country-wide exclusive retail partnership for Asos, which will see Reliance Retail establish a multi-channel presence for Asos' brands. Read more.

Netflix to launch own advertising technology platform Netflix is introducing its own ad server, only a year and a half after entering the ads business. The business originally partnered with Microsoft to develop its ad-supported options. Read more.

Grab posts higher-than-expected Q1 revenue The South East Asian conglomerate Grab Holdings has raised its full-year profit guidance on the back of better-than-expected revenue in its first quarter. The ride-hailing business saw a 24% spike in revenue to $653m. Read more.

Revenue exceeds expectations at Chinese ecommerce giant Alibaba The conglomerate has posted a 7% uptick in fourth-quarter revenue, driven by high demand for low-cost products. Sales at Alibaba's international division grew by 45%. Read more.

Credit-checking platform Experian reports better-than-expected results The platform has posted 6% revenue growth and a 34% spike in operating profit to $1.69bn in the year to the end of March 2024. Read more.