China's e-commerce

Alibaba partners with state-owned retail conglomerate group

Alibaba and a Shanghai-based state-owned retail conglomerate today announced a rare private-public strategic alliance to push forward partnership for creating a new shopping scenario.

Feb 20, 2017, 16:41 PM IST

Alibaba paid $3.41 bn in taxes, created 30 mn jobs in 2016

China's e-commerce giant Alibaba said it paid a total of USD 3.41 billion in taxes in 2016 and created 30 million jobs.

Jan 04, 2017, 15:26 PM IST