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 ...

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 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.

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 shares jumped on Thursday after the Chinese titan posted a sharp profit hike in the December quarter amid strength in its Cloud Intelligence unit and e-commerce segment. Alibaba said net ...

The 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 (BABA) announced on Thursday that it is merging its domestic and international e-commerce platforms into a unified business unit. The Chinese e-commerce major announced the creation ...

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 ...

E-commerce giant Alibaba said late Thursday its Taobao and Tmall group sales rose by 9% year on year to 101.37 billion yuan ($13.97 billion) for the three months ended March 31. That's above the ...

Alibaba 9988-1.91%decrease; red down pointing triangle Group is readying a $7 billion boost for its delivery and shopping platforms amid stiff competition in China. The tech giant said Wednesday ...