Alibaba quarterly earnings plunge 28% to $964 million
Chinese e-commerce giant Alibaba said Thursday its net profit for the three months ending December plunged 28 percent to $964 million, hit mainly by a one-off charge and higher taxes.
Jan 29, 2015, 18:00 PM IST
China regulator blasts Alibaba for illegal business on its websites
A China regulator has accused Alibaba Group Holding Ltd of failing to clean up what it called illegal business deals on the e-commerce titan`s platforms, in an unusually strong government criticism of one of the country`s biggest private companies.
Jan 29, 2015, 02:05 AM IST
Alibaba seeking stake in insurer New China Life: Report
China`s Alibaba Group Holding Ltd, the world`s biggest e-commerce company, is planning to buy shares in the state-run New China Life Insurance Co Ltd, Shanghai Securities News said on Wednesday, citing unnamed sources.
Jan 21, 2015, 08:55 AM IST
China`s Alibaba makes first investment in Israeli firm
Chinese e-commerce giant Alibaba has made its first investment in an Israeli company by funding start-up Visualead, a provider of QR code technology, the companies said in a statement Tuesday.
Jan 20, 2015, 15:03 PM IST
Alibaba's latest mobile messaging effort: social networking for businesses
The app, called DingTalk, was quietly made available in December and is still in beta testing, according to its website.
Jan 16, 2015, 23:50 PM IST
Alibaba in major initiative to court China consumer for US retailers
The Chinese companies will also work with US startup Shoprunner, an online mall for US retailers in which it owns a stake, and retail services provider Borderfree Inc to court Chinese consumers.
Jan 16, 2015, 11:49 AM IST
Google's Page named as business person of the year for 2014
Google's Larry Page has emerged as the 'business person of the year' for 2014, edging past the likes of Alibaba co-founder Jack Ma and Facebook CEO Mark Zuckerberg, according to Fortune magazine.
Jan 06, 2015, 16:23 PM IST
Jack Ma warns of risks for Alibaba after big success in 2014
Buoyed by it success Ma has recently visited India and promised to invest more in Indian markets to expand his business network.
Jan 06, 2015, 13:18 PM IST
Jack Ma warns of risks for Alibaba after big success in 2014
Ma said the company faced more pressures due to the limelight it received following its big show last year by winning the biggest IPO.
Jan 06, 2015, 12:27 PM IST
India e-commerce mart awaits more billion dollar babies in '15
From Amazons of the world to Chinese Alibabas to desi Flipkarts, everyone wants to have a pie of the burgeoning e-commerce market in India and consumers are not complaining with sweet sale deals coming their way.
Dec 31, 2014, 13:17 PM IST
Hony, JD.com lead $148 million investment in travel firm Tuniu
The investment brings JD.com, the country`s number two e-commerce firm, into closer competition in the tourism sector with larger rival Alibaba Group Holding Ltd.
Dec 15, 2014, 17:08 PM IST
Alibaba founder Jack Ma is richest Asian: Survey
Jack Ma, the founder of China`s biggest e-commerce company Alibaba, has been ranked as Asia`s richest person by a Bloomberg survey published Friday.
Dec 12, 2014, 20:23 PM IST
S.Korea's SM Entertainment denies report of Alibaba stake buy
South Korea`s S.M. Entertainment Co on Tuesday denied a media report saying Alibaba Group Holding is considering an investment in the leading K-Pop agency through a stake buy.
Nov 25, 2014, 09:39 AM IST
Alibaba raises $8 bn in bond deal
Chinese e-commerce giant Alibaba on Thursday raised $8 billion in a bond offering, the Wall Street Journal said.
Nov 21, 2014, 12:06 PM IST
Alibaba approved for private bank in China
China previously had only two private banks, Minsheng and Ping An.
Sep 29, 2014, 14:59 PM IST
Tata Group to foray into e-commerce space next year?
Buoyed by the success of e-commerce sites like Amazon, Alibaba, Flipkart, Snapdeal, Tata Group might take the big leap soon.
Sep 24, 2014, 10:15 AM IST
Jack Ma of Alibaba becomes China`s richest person
The largest stock offer in history has made Jack Ma, founder of e-commerce giant Alibaba, China`s richest person with a fortune of $25 billion.
Sep 23, 2014, 12:40 PM IST
Alibaba's IPO biggest ever globally after additional shares sold
Alibaba Group Holding Ltd and some of its shareholders have sold an additional 48 million shares, a source with direct knowledge of the deal said on Monday, making its IPO the biggest-ever globally at a value of $25.03 billion.
Sep 22, 2014, 10:12 AM IST
Alibaba makes Wall Street debut
Alibaba made its long-awaited Wall Street debut Friday on the heels of a record stock offering that opens the door to global expansion for the Chinese online retail giant.
Sep 19, 2014, 20:55 PM IST
Yahoo rakes in another jackpot from Alibaba's IPO
Yahoo is making amends for years of blundering with one smart move: an early investment in China's Alibaba Group that has turned into a multibillion-dollar boon.
Sep 19, 2014, 19:35 PM IST