Alibaba

Jack Ma Sees Decades of Pain as Internet Upends Old Economy

Alibaba Group Holding Ltd. Chairman Jack Ma said society should prepare for decades of pain as the internet disrupts the economy.

3 years, 10 months ago

Swinging Singles’ Day: Alibaba Holiday Drives Shoppers in China

At midnight Thursday, Zhang Ke was ready. She began clicking furiously on her smartphone, trying to snare one of four pairs of Adidas striped sneakers on sale for more than half off.

4 years, 3 months ago

Alibaba Expands in Southeast Asia With $1 Billion Lazada Deal

Alibaba Group Holding Ltd.’s largest overseas investment, a $1 billion deal for Lazada Group SA, takes the Chinese e-commerce giant to Southeast Asia and closer to a goal of shedding its home-market reliance.

4 years, 10 months ago

Alibaba Reports Record $9 Billion Singles' Day Sales

E-commerce giant Alibaba Group Holding Ltd reported more than $9 billion in sales on China's Singles' Day on Tuesday, illustrating the buying power of the Chinese consumer and the importance of the event in the retail calendar.

6 years, 3 months ago

Alibaba's Ma Says Open to Working With Apple on Payments

Alibaba Group Holdings Ltd executive chairman Jack Ma said he's open to working with Apple Inc on mobile payments, as China's richest person prepares to call on Hollywood this week in search of media partners.

6 years, 4 months ago

Alibaba Group Holding Ltd Stock Price: How Long Can Shares Soar?

Alibaba Group Holding Limited shares jumped 38.07 percent on Friday to close at $93.89 following the e-commerce giant’s first day as a publicly traded company. The stock opened for trading at $92.70 per share and has a market cap of nearly $230 billion.

6 years, 5 months ago

Alibaba Boosts IPO as Demand Strengthens

Alibaba Group Holding Ltd raised the price range on its initial public offering to $66 to $68 on Monday, reflecting strong demand from investors for the year's most anticipated debut and potentially the world's largest-ever IPO.

6 years, 5 months ago

Alibaba Plans To Raise As Much As $24 Billion In Biggest U.S. IPO Ever

Chinese online retailing conglomerate Alibaba Group plans to raise as much as $24 billion in an initial public offering according to new documents filed with the Securities and Exchange Commission on Friday. At that size, Alibaba’s IPO would be the largest ever on for a U.S.-listed company and would value the firm at about $163 billion

6 years, 6 months ago

China's Alibaba Is Soaring, But Avoid The IPO

Profits of Alibaba Group, the world’s biggest online retailer, more than doubled in the three months ended in December, jumping to $642.2 million from $236.9 million a year earlier.

7 years, 9 months ago

Alibaba Pledges to Combat Fake Goods on Its Shopping Portals

Alibaba Group Holding Ltd , China's largest e-commerce platform, said it will commit "as many resources necessary" to stop the sale of pirated goods on its Taobao shopping portals, where transactions exceeded $161.7 billion last year.

7 years, 10 months ago