Alibaba Sales Up 39% on Increased Consumer Spending in China
Although the amount spent in the company’s marketplaces has grown about 20 percent, its revenue is up 30 percent or more.
Alibaba Sales Up 39% on Increased Consumer Spending in China
Although the amount spent in the company’s marketplaces has grown about 20 percent, its revenue is up 30 percent or more.
Alibaba Financial Affiliate Raises .5 Billion
Ant Financial, one of the world’s largest electronic-payments companies, received investments from a number of companies backed by the Chinese government.
Alibaba Buying South China Morning Post, Aiming to Influence Media
The Chinese Internet giant said the deal was fueled by a desire to improve China’s image and offer an alternative to the biased lens of Western news outlets.
Daily Report: Yahoo Changes Its Mind About Alibaba Spinoff
Yahoo said it would retain its 15 percent stake in the Chinese e-commerce company Alibaba. Instead, the rest of what we know as Yahoo will be spun off.
Yahoo to Keep Alibaba Stake but Spin Off Core Businesses
Yahoo has decided to retain its Alibaba stake and will instead look at transferring its other assets, including Yahoo Japan, into a new company.
Yahoo Pressured to Keep Alibaba Stake and Sell Core Business
As questions arise over taxes on the sale of Yahoo’s stake in Alibaba, Starboard Value is urging Yahoo to sell its core advertising business instead.
Companies Backed by Alibaba and Tencent in E-Commerce Venture
Meituan, with a link to Alibaba, is forming a new company with Dianping, supported by Tencent, to help businesses sell their goods and services online in China.
Alibaba Joins Forces With Chinese Arms Maker
Norinco, a state-owned arms and machinery maker that has been under sanction by Washington, will work with Alibaba in a satellite navigation project.