Alibaba Group
-
Shares in Alibaba Group jumped 4.2% on Tuesday
Sep 11, 2024Shares in Alibaba Group jumped 4.2% on Tuesday as investors cheered its inclusion on China’s mainland stock exchanges after the e-commerce giant upgraded its Hong Kong listing to primary status last month. Its transition to a... -
Alibaba Group reports lower-than-expected quarterly revenue
Nov 2, 2018China’s Alibaba Group Holding Ltd reported lower-than-expected quarterly revenue on Friday, another sign of slowing momentum for China’s giant e-commerce platforms and its economy. Alibaba’s stock has fallen more than 12 percent this year, weighed down... -
Alibaba Group topped first-quarter revenue estimates on Thursday
Aug 23, 2018Alibaba Group Holding Ltd, the world’s biggest online retailer, topped first-quarter revenue estimates on Thursday, driven by growth in its core e-commerce business. Alibaba’s U.S.-listed shares rose about 3 percent in premarket trade. The company’s revenue... -
Kroger Co partners with Alibaba Group to sell nuts, supplements and other products in China
Aug 15, 2018Kroger Co has partnered with Alibaba Group Holding Ltd to sell nuts, supplements and other products in China, venturing outside the United States for the first time in what is fast becoming a fierce global battle... -
Alibaba Group agreed to acquire a minority stake in Focus Media Information Technology Co Ltd to tap into the digital marketing sector
Jul 20, 2018Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday said it has agreed to acquire a minority stake in China’s Focus Media Information Technology Co Ltd to tap into the digital marketing sector. Alibaba will acquire about 6.62... -
Alibaba is investing $320 million in Thailand
Apr 19, 2018Alibaba is investing $320 million in Thailand as the e-commerce giant aims to tap Chinese consumers’ appetite for the Southeast nation’s agricultural goods and for its tourism market amid growing competition from rivals. China’s biggest e-commerce... -
Alibaba Group to launch a $15 billion drive to build overseas research hubs
Oct 11, 2017News Hour: China’s top e-commerce firm, Alibaba Group Holding Ltd, is launching a $15 billion drive to build overseas research hubs as the deep-pocketed firm looks to compete with global leaders in e-commerce, logistics and cloud... -
Alibaba Group to invest 100 billion yuan to build a global logistics network and also take control of a $20 billion unit
Sep 26, 2017News Hour: Chinese e-commerce firm Alibaba Group announced it will invest 100 billion yuan ($15.12 billion) over five years to build a global logistics network and also take control of a $20 billion unit, underpinning an... -
Alibaba Group plans to provide credit services in Brazil
Apr 26, 2017News Hour: Alibaba Group Holding Ltd has plans to provide credit services in Brazil, Jack Ma, the company’s executive chairman, was quoted as saying in Wednesday’s edition of O Estado de S. Paulo. In China, the... -
Alibaba Group expanded business in Australia and New Zealand
Feb 4, 2017News Hour: Chinese online retailer Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on Saturday, its first expansion in the region as it seeks to tap growing global demand for products from the...
