News
Alibaba Group is readying a $7 billion boost for its delivery and shopping platforms amid stiff competition in China. The tech giant said Wednesday that it will offer 50 billion yuan, or about $6. ...
Alibaba merges domestic and global e-commerce into a unified unit, led by Jiang Fan, to streamline operations and enhance growth. International e-commerce revenue surged 29% YoY, while Taobao and ...
Hosted on MSN8mon
Alibaba’s Sluggish Growth in China Commerce Drags Down Results - MSNThe cloud unit’s revenue growth accelerated to more than 7%, suggesting it’s beginning to claw back market share lost to state rivals. Alibaba’s shares fell as much as 3.7% in New York trading.
Alibaba Group announced a major restructuring of its e-commerce business on Thursday, consolidating its domestic and international operations into a single e-commerce division. CEO Eddie Wu, in an ...
Chinese tech giant Alibaba Group is seeking to raise around HK$12 billion ($1.53 billion) through exchangeable bonds to boost investments in its cloud infrastructure and global commerce operations, ...
Alibaba's latest collaboration with Xiaohongshu follows other recent efforts to boost growth in its domestic e-commerce unit. Analysts say the moves have shown some success.
Alibaba Group is folding its food-delivery and online-travel services into its core e-commerce unit, streamlining operations in the face of ever fiercer competition.
Alibaba expects its international e-commerce unit to turn profitable next fiscal year and plans to spend more on Cloud and AI over the next three years than in the past decade.
SHANGHAI (Reuters) -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 ...
Hosted on MSN10mon
Alibaba sets up new ‘digital technology’ firm under e-commerce unit ...Alibaba Group Holding has set up a new “digital technology” company under its main e-commerce unit, Taobao and Tmall Group (TTG), with a registered capital base of 10 million yuan (US$1.4 ...
Chinese e-commerce giant Alibaba Group Holding Ltd <BABA.N> is investing about S$279 million ($205.98 million) to expand its holdings in Singapore Post Ltd (SingPost) <SPOS.SI> and its e-commerce ...
Alibaba 9988 2.93 % increase; green up pointing triangle Group is folding its food-delivery and online-travel services into its core e-commerce unit, streamlining operations in the face of ever ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results