Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) said it racked up more than $5 billion in transactions in the first hour of its annual 'Singles' Day' sales blitz on Friday - a third more than in the first hour of last year's spree.
Chinese online shopping giant Alibaba Group Holding Ltd reported a 55 percent rise in second-quarter revenue on Wednesday, beating analyst estimates on the back of core e-commerce sales and strong media and entertainment growth.
Introduction of Singles’ Day shopping event and Tmall.hk to the city reflects the e-commerce giant’s first step in its global expansion push
European countries can learn from China's innovation-driven economy represented by leading e-commerce companies like Alibaba, experts attending a symposium said on Thursday in Brussels.
Alibaba wants to serve 2 billion consumers and create 100 million jobs over next 20 years, according to statement ahead of annual shareholders meeting
Alibaba's market value surpassed all other Asian listed firms, according to the e-commerce giant on Saturday.
Baidu Inc needs to do more to diversity its business as the Chinese search engine firm falls behind domestic peers Alibaba Group Holding Ltd and Tencent Holdings Ltd in revenue and profit, analysts said on Monday.
Alibaba Group Holding’s first-quarter revenue jumped by a better-than-expected 59 per cent as more Chinese went online to buy everything from appliances to furniture, while new investments in media, entertainment and cloud computing paid off.
Alibaba Group, the world’s largest e-commerce company, plans to ratchet up its Asia-Pacific cross-border retail activities with the launch of operations in Melbourne to serve online merchants in Australia and New Zealand.
Chinese online retailing giant, Alibaba, has announced on Tuesday that it will open its first local office in the Australian city of Melbourne later this year, after flagging its intentions to expand outside of China.
Alibaba Group Holding Ltd is gearing up to open up its information security technologies to other e-commerce players, as the online shopping giant sees the industry-wide data security market as the cornerstone for it to reach its goal of selling 6 trillion yuan ($896.8 billion) of goods on all its platforms in 2020.
Jack Ma’s newly stated preference for an Ant Financial IPO in Hong Kong could touch off a new clash that would challenge the local securities regulator to grant an unusual listing exception or risk losing the blockbuster deal to New York.
Alibaba boss Jack Ma has urged Hong Kong youths who want to cut ties with China to think clearly about what they are asking for and what they stand to lose.
Nestle and Alibaba announced plans Sunday to upgrade their partnership.
Alibaba is actively assisting an investigation launched by the U.S. Securities and Exchange Commission (SEC) and has provided all the requested information, according to Alibaba's chairman Jack Ma.
Singapore sovereign wealth funds bought US$1 billion (S$1.38 billion) of Chinese e-commerce giant Alibaba Group Holding's shares as part of a US$8.9 billion sale by Japan's SoftBank Group, Alibaba's biggest shareholder, the company said on Wednesday (June 1).
Japan's mobile telecommunications behemoth SoftBank Group Corp. will sell a long-held investment worth 7.9 billion U.S. dollars in Chinese e-commerce giant Alibaba Group to enhance its fiscal situation, as it eyes, in part, in rehabilitating its activities in its U.S. communications market, local media said Wednesday.
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