A technology firm owned by Ma Yun, the founder of China's leading e-commerce company Alibaba, has taken over a division of Hundsun Group, a Chinese financial software provider.
Chinese e-commerce giant Alibaba has decided to begin its initial public offering (IPO) process in the United States, the company announced Sunday.
Chinese online shopping business Alibaba on Monday announced it has invested in TutorGroup, a leading online education platform and largest English-language learning institution in the world.
Chinese e-commerce giant Alibaba Group announced on Monday that it had offered to acquire digital mapping and navigation firm AutoNavi for 1.1 billion U.S. dollars.
Chinese netizens clicked their way through a 24-hour online shopping frenzy on Monday.
Chinese netizens clicked their way through purchases during a 24-hour online shopping frenzy on Monday, highlighting a booming online retail sector amid massive discounts and record-breaking sales numbers.
Chinese e-commerce giant Alibaba Group took a major step into Internet finance on Friday by starting funds sales on its popular online shopping platform Taobao.
The CEO of Chinese e-commerce giant Alibaba Group said on Thursday that the company will not list in Hong Kong, and has not yet decided where to launch its much-discussed initial public offering.
Alibaba changed its leader on Friday in what the company describes as "a year of transition" for the world's largest retail giant. With an initial public offering potentially on the cards, Alibaba faces three challenges - management, listing and innovation, according to industry insiders.
E-commerce giant Alibaba has purchased 18 percent stake of China's popular microblogging service Sina Weibo for 586 million U.S. dollars, Sina Corp. announced Monday.
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