Alibaba’s Ma sees $1 trillion in transactions in five years
Chinese e-commerce company Alibaba Group Holding Ltd is aiming to more than double its transaction volumes to more than $1 trillion in five years, Executive...
Tag : Alibaba
Alibaba’s latest gambit in fighting fakes: foster local brands
Criticized and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been...
Alibaba’s Jack Ma dethroned as China’s richest by solar magnate: report
(Reuters) – Alibaba Group Holding Ltd’s Jack Ma is no longer China’s richest man, according to a report on Tuesday, with the top spot snatched...
Technology: Billionaire JD.com founder lines up next challenge: beating Alibaba
(Reuters) – With an iron grip, JD.com Inc founder Richard Liu has dragged China’s number two online retailer from a Beijing backwater to a rich...
Technology: Alibaba Group seeking U.S. listing in third-quarter: sources
(Reuters) – China’s e-commerce giant Alibaba Group Holding Ltd is planning a U.S. IPO in the third quarter of this year, people familiar with the...
Alibaba growth slows ahead of IPO
Alibaba saw annual growth in revenue and profits decelerate sharply in the latest quarter, denting confidence as the Chinese e-commerce group prepares to launch an...
Alibaba rival JD.com to top sales target as Chinese shoppers flock to Internet
(Reuters) – JD.com, China’s second-largest e-commerce site, is set to exceed 100 billion yuan ($16.47 billion) in annual sales for the first time in a...
Alibaba invests $361 million in appliance maker’s ‘big goods’ logistics
(Reuters) – Alibaba Group will invest HK$2.82 billion ($361 million) in appliance maker Haier Electronics Group Ltd in a deal aimed at expanding the Chinese...