Alibaba
Alibaba, E-Mart to create US$4 billion e-commerce JV in South Korea
Alibaba Group Holding agreed to merge its South Korean operations with E-Mart’s e-commerce platform to better compete in the country’s fast-paced online retail sector.AliExpress International and Gmarket are creating...
Alibaba, BlackBerry among companies selling assets for peanuts after splurging billions buying them
COMPANIES that spent billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown prices.Alibaba Group Holding announced on Tuesday (Dec 17) that it’s going...
Alibaba to sell department store chain Intime for 7.4 billion yuan
ALIBABA Group said on Tuesday that it will sell its department store unit Intime to a consortium comprising textiles firm Youngor Fashion and some of Intime’s management for 7.4...
Alibaba integrates e-commerce platforms into a single business unit
ALIBABA Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing...
Alibaba combines e-commerce arms to tackle growing competition
Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for the first time, the company said in a...
China’s Alibaba misses quarterly revenue estimates
ALIBABA Group Holding missed analysts’ estimates for quarterly sales on Friday (Nov 15), as lingering economic uncertainty sapped consumer spending in China and weighed on the e-commerce giant’s domestic...
China’s Alibaba misses quarterly revenue estimates, beats on profit
ALIBABA Group Holding missed analysts’ estimates for quarterly sales on Friday (Nov 15), as lingering economic uncertainty sapped consumer spending in China and weighed on the e-commerce giant’s domestic...
Alibaba is said to consider offering US$5 billion of bonds
CHINESE tech conglomerate Alibaba Group Holding is considering an offering of bonds totalling the equivalent of about US$5 billion as soon as this month, people familiar with the matter...
