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Alibaba Group is readying a $7 billion boost for its delivery and shopping platforms amid stiff competition in China. The tech giant said Wednesday that it will offer 50 billion yuan, or about $6. ...
Wang Jian, the founder of Alibaba's powerful cloud computing unit, gave an extended interview to Bloomberg that was posted on ...
Chinese tech giant Alibaba Group is seeking to raise around HK$12 billion ($1.53 billion) through exchangeable bonds to boost investments in its cloud infrastructure and global commerce operations, ...
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Alibaba sets up new ‘digital technology’ firm under e-commerce unit ...Alibaba Group Holding has set up a new “digital technology” company under its main e-commerce unit, Taobao and Tmall Group (TTG), with a registered capital base of 10 million yuan (US$1.4 ...
Alibaba Group to merge domestic and global e-commerce units, creating Alibaba E-commerce Business Group led by Jiang Fan, in effort to streamline operations and boost growth amidst competition ...
Alibaba 9988 2.93% Group is folding its food-delivery and online-travel services into its core e-commerce unit, streamlining operations in the face of ever fiercer competition.
Alibaba shares jumped on Thursday after the Chinese titan posted a sharp profit hike in the December quarter amid strength in its Cloud Intelligence unit and e-commerce segment. Alibaba said net ...
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Alibaba’s Sluggish Growth in China Commerce Drags Down Results - MSNAlibaba’s shares fell as much as 3.7% in New York trading. The company is reporting hours after the latest Chinese economic data showed encouraging signs for the world’s second largest economy.
Alibaba Group announced a major restructuring of its e-commerce business on Thursday, consolidating its domestic and international operations into a single e-commerce division. CEO Eddie Wu, in an ...
SingPost is seeking to boost its e-commerce business to offset weak postal revenues, and last year an Alibaba unit bought an over 10 percent stake in SingPost for $249 million.
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