Alibaba boasts $56 billion sales as post-virus Singles' Day gets into full swing
HANGZHOU, China (Reuters) – China’s Alibaba said orders on its e-commerce platforms during the Singles’ Day shopping extravaganza had exceeded $56 billion by [...]
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Alibaba's Singles Day sales top $74 billion, planned rules hit shares
HANGZHOU, China (Reuters) – Alibaba 9988.HK sales for its post-COVID-19 Singles’ Day shopping extravaganza hit $74 billion, a haul that was overshadowed by [...]
Alibaba moves deeper into offline with Chinese smart apparel factory
FILE PHOTO: A logo of Alibaba Group is seen at the company’s headquarters in Hangzhou, Zhejiang province, China, November 18, 2019. REUTERS/Aly SongHANGZHOU, [...]
Think Tank: Lazada’s Jessica Liu on Southeast Asia’s Rise of Virtual Malls
Southeast Asia’s reputation as a shopping paradise has been established in part by the malls in the region that many know by name [...]
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 [...]
Alibaba beats sales forecasts on China e-commerce growth
(Reuters) – Alibaba Group beat third quarterly revenue estimates on Thursday, driven by e-commerce growth after China emerged from coronavirus lockdowns, and said [...]
Who said Jack Ma's Ant IPO is a sure-win money maker?
HONG KONG (BLOOMBERG) – Optimism is in the air. People are lining up like ants for what might be the world’s biggest initial [...]
Alibaba to take control of Sun Art, one of China's largest hypermart chains
BEIJING (BLOOMBERG) – Alibaba Group Holding will invest about US$3.6 billion to double its stake in Sun Art Retail Group, taking control of [...]
eMarketer cuts Alibaba's 2020 ad forecast as search struggles amid the coronavirus pandemic
Insider Intelligence publishes thousands of research reports, charts, and forecasts on the Media, Advertising, and Marketing industry. You can learn more about becoming [...]
Alibaba puts India investment plan on hold amid China tensions: Sources
NEW DELHI (REUTERS) – China’s Alibaba Group has put on hold plans to invest in Indian companies, two sources aware of the plans [...]