The online buying fiesta on this year's Nov. 11, also China's Singles' Day, smashed records, with e-commerce giant Alibaba ringing up sales of over 5 billion yuan, thanks to the world's biggest online retail sales day.
Li Zhe, a college student in east China's Nanjing City, has compiled a wish list for "Singles Day" on Tuesday, a holiday that has become China's busiest online shopping day.
With China's "Nov. 11" online shopping frenzy around the corner, foreign brands are expected to play a bigger role as competition heats up for this year's digital shopping dash.
Chinese e-commerce giant Alibaba Group plans to invest 10 billion yuan (1.6 billion U.S. dollars) within three to five years to build thousands of facilities in rural China to tap rising demand in these areas, it announced on Monday.
The launch of China's e-commerce giant Alibaba in a record-breaking IPO in New York was the most discussed business event this month, more so than the launch of Apple's iPhone, a study showed.
China's e-commerce giant Alibaba Group started trading at 92.70 U.S. dollars per share at the New York Stock Exchange (NYSE) Friday.
Alibaba's IPO could well be the end of U.S. dominance in the world technology sector, a professor from a Britain's business school told Xinhua on Thursday.
Chinese e-commerce giant Alibaba Group on Thursday set its initial public offering (IPO) price at 68 U.S. dollars per share, setting a record-breaking IPO in U.S. history.
Jack Ma, founder and executive chairman of China's e-commerce giant Alibaba Group Holding Ltd., showed up in Singapore on Tuesday for a roadshow in the city state for its initial public offering (IPO).
Chinese e-commerce giant Alibaba and American entertainment company Lionsgate announced on Tuesday they will launch a subscription streaming service on the Chinese mainland that will offer content including the Twilight and Hunger Games films.
Chinese e-commerce giant Alibaba Group Holding Limited said Wednesday in a file to the U.S. Securities and Exchange Commission (SEC) that it plans to list its shares on the New York Stock Exchange (NYSE).
Alibaba Group signed a deal with China's largest postal service provider on Thursday in a latest move to strengthen its logistics arm before the e-commerce titan is listed in the United States.
China's e-commerce giant Alibaba has filed initial public offering (IPO) document to the U.S. Securities and Exchange Commission (SEC) with plans to raise one billion U.S. dollars, according to SEC information and well-informed sources.
China's Alibaba Group has stepped up its investment in cultural and digital entertainment industries with a strategic deal with leading online video source Youku Tudou.
Alipay, the popular third-party payment service affiliated with China's Alibaba Group, on Monday announced a tie-up with Japan's leading e-commerce company Rakuten.
Alibaba has continued acquisitions that sharpen its cutting edge ahead of an expected initial public offering (IPO) in the United States.
Jack Ma, founder of Alibaba, and partners will pay 6.5 billion yuan (about 1 billion U.S. dollars) for a 20 percent stake in Wasu Media Holding, a Wasu statement said on Tuesday evening.
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