Search Results for: Alibaba
Alibaba Group Expands European Presence
October 21st, 2015
Alibaba appoints managing directors to run its regional hub in the U.K. and new country office in Italy Alibaba Group (NYSE: BABA) today announced details of the expansion of its presence in the European market, an important step in ...
Alibaba Growth Slows as Chinese Economy Weakens; Buyback Planned
August 12th, 2015
Alibaba Group Holding Ltd. quarterly sales rose at the slowest pace in at least three years and transaction volumes missed analyst estimates amid a weakening Chinese economy. Shares fell in pre-market trade. Revenue rose 28 percent to 20.2 billion ...
China’s e-commerce giant Alibaba sees business potential in Russia; Interview with Ma Yun
June 22nd, 2015
Ma Yun, founder and chairman of China’s e-commerce giant Alibaba, speaks during an interview with Xinhua News Agency in Moscow, Russia, June 21, 2015. China’s e-commerce giant Alibaba sees promising prospects for the development of Russian online trading market, ...
China’s taxman is coming for Alibaba
April 8th, 2015
China stands to collect billions of dollars in taxes as Alibaba insiders unload shares held under lock-and-key since the tech firm’s record-breaking market debut last year. Two of the company’s “lock up” agreements have now expired, releasing an additional ...
China to reap Alibaba windfall as tightens up on tax
March 23rd, 2015
China could make billions of dollars from taxing gains made by employees of e-commerce giant Alibaba Group BABA.N who are free to sell their shares for the first time since its IPO, as the country tightens up its leaky ...
Fraud accusations held for Alibaba IPO made public in regulator’s report
January 29th, 2015
A white paper from the State Administration for Industry and Commerce published Wednesday alleged that Alibaba Group‘s (BABA.NYSE) Taobao Marketplace sold counterfeit goods and allowed stores to be run without business licenses, among other accusations, South China Morning Post reported. The firm’s ...
Alibaba, South Korean City Of Incheon Mulling $912M Joint Investment In ‘Alibaba Town’
January 12th, 2015
China’s Alibaba Group Holding and the South Korean city of Incheon are in talks for a joint investment worth 1 trillion won ($912 million) in a new business area in the city, local media reported Monday. The new area, ...
Alibaba Competitor Wanda E-commerce Raises $161M At $3B Valuation
January 5th, 2015
China-based Wanda E-commerce, which hopes to position itself as a rival against Alibaba, has raised one billion RMB (about $161 million) in funding from investment funds Centec Networks and Xude Rendao. Wanda E-commerce says this quadruples its valuation to 20 billion ...
JACK MA: This Is Alibaba’s Most Dangerous Moment
November 20th, 2014
People now think that Alibaba, after being repeatedly underestimated, is capable of doing anything. That’s why Alibaba founder Jack Ma says the company is in its “most dangerous moment,” according to Bloomberg. Ma was speaking at a conference in ...
Alibaba plays trademark card to protect lead as China’s $8 billion e-commerce spree nears
October 30th, 2014
A trademark spat between Chinese e-commerce giant Alibaba Group Holding Ltd and rival JD.com flared into public view after JD published an Alibaba letter urging publishers to be careful about advertising in promotions for China’s annual “Singles’ Day” spree, ...
