SHANGHAI — Alibaba’s Singles’ Day sale cleared $74.1 billion, the company said just after midnight Thursday, more than doubling its takings from the $38.4 billion…
View More Alibaba’s Singles’ Day Sale More Than Doubles to $74.1 Billion
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On Singles’ Day in China, Couriers Clamor for More
Post-pandemic China was supposed to be good for Fang Guobao. As lockdowns loosened and online shopping soared, the package courier in the eastern city of…
View More On Singles’ Day in China, Couriers Clamor for More
Ant Group's stalled IPO seen slashing its value by $188 billion
HONG KONG (BLOOMBERG) – China’s move to halt Ant Group’s massive stock debut could reduce the fintech giant’s value by as much as US$140 billion…
View More Ant Group's stalled IPO seen slashing its value by $188 billion
Farfetch, Alibaba, Richemont Join to Accelerate China Business
LONDON — In a landmark union of luxury digital titans, Farfetch, Alibaba Group and Richemont have unveiled a global strategic partnership to provide luxury brands…
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Jack Ma blasts global financial regulators' curbs on innovation
SHANGHAI (BLOOMBERG) – Alibaba Group founder Jack Ma criticised global financial regulations for stifling innovation and urged China to seek a system that accommodated development.…
View More Jack Ma blasts global financial regulators' curbs on innovation
Dufry, Alibaba Groups to Join Forces in China
PARIS – The world’s largest travel-retail and e-commerce operators, Dufry Group and Alibaba Group, have agreed to join forces to form a strategic joint venture…
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Taiwan tells Alibaba's local Taobao site to re-register or leave island
TAIPEI (REUTERS) – Taiwan on Monday (Aug 24) gave the domestic branch of Alibaba Group’s e-commerce site Taobao six months to re-register as a Chinese…
View More Taiwan tells Alibaba's local Taobao site to re-register or leave island
The Big Six – China's tech giants
SHANGHAI – Starting out as the world’s factory, manufacturing low-tech products, China is fast becoming one of its technological superpowers. Today, areas like the hardware…
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Alibaba, Jack Ma summoned by Indian court on former employee's complaint
NEW DELHI (REUTERS) – An Indian court has summoned Alibaba and its founder, Mr Jack Ma, in a case in which a former employee in…
View More Alibaba, Jack Ma summoned by Indian court on former employee's complaint
Alibaba warns of drop in e-commerce revenues due to coronavirus; beats estimates on record Singles' Day sales
BEIJING (REUTERS) – Alibaba Group Holding warned of a drop in revenues at its key e-commerce businesses this quarter as the coronavirus sweeping China hits…
View More Alibaba warns of drop in e-commerce revenues due to coronavirus; beats estimates on record Singles' Day sales
Alibaba Raises Billions of Dollars in Hong Kong, Despite Protests
HONG KONG — Shops are shuttered and tear gas still fills the streets, but that hasn’t put off investors looking for places to park their…
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Alibaba Singles' Day sales jump 25% in first 9 hours to $23 billion
HANGZHOU, China (Reuters) – Chinese retailer Alibaba on Monday said sales for its annual Singles’ Day shopping blitz jumped 25% in the first nine hours…
View More Alibaba Singles' Day sales jump 25% in first 9 hours to $23 billion
Exclusive: Boon for Hong Kong as Alibaba plans $15 bln listing in late November – sources
(Reuters) – Chinese retail titan Alibaba (BABA.N) plans to list in Hong Kong in the final week of November, two people with direct knowledge said,…
View More Exclusive: Boon for Hong Kong as Alibaba plans $15 bln listing in late November – sources
With discounts galore and Taylor Swift, Alibaba eyes another record Singles' Day
SHANGHAI (Reuters) – Alibaba Group (BABA.N) will kick off its annual 24-hour shopping extravaganza on Monday with deals and deep discounts galore, and a performance…
View More With discounts galore and Taylor Swift, Alibaba eyes another record Singles' Day