Posts Tagged ‘Alibaba’

Alibaba raises stake in top China investment bank

By BLOOMBERG
HONG KONG • Alibaba Group Holding Ltd has acquired another chunk of shares in China International Capital Corp Ltd (CICC) for about HK$1.8 ...

Chinese web giants are behind Latin America’s mobile tech boom

By pouring investment into mobile commerce, the nation has found another way to dominate where America once held sway
by DANIELA GUZMAN WHEN Alex Tabor ...

Vision Fund, Alibaba lead RM4.6b Tokopedia round

The financing round will help Indonesia’s biggest e-market place venture into new areas such as air tickets and insurance
By ...

Meituan losses balloon as it battles with Alibaba

By BLOOMBERG
HONG KONG • Meituan Dianping, the Chinese food delivery giant, posted a wider third-quarter loss as it fights for market share against ...

Alibaba sets Singles’ Day sales record with 8 hours still to go

By BLOOMBERG
SYDNEY • Alibaba Group Holding Ltd logged 168.3 billion yuan (RM101.58 billion) in sales in 16 hours of its annual Singles’ Day ...

Alibaba used shoppers’ data to invent a Spicy Snickers bar

The e-commerce giant is vacuuming up data from people shopping, searching and sharing online, and providing it to companies like Mars
by Bloomberg ...

Alibaba expands cloud biz to UK with new data centres

The Chinese firm has been in talks with BT Group about a cloud services partnership to challenge Amazon
By BLOOMBERG LONDON • The ...

Alibaba eases SME to join global trade

By SHAZNI ONG / Pic By BLOOMBERG
E-Commerce giant Alibaba is committed to lower trade barriers that would enable local small and medium enterprise ...

Alibaba’s Ma warns China to prepare for 20-year trade war

He says China needs to bolster its economy and shift trade from US to regions like SE Asia and Africa
By BLOOMBERG HONG KONG • ...

Alibaba inks Russian JV with Kremlin fund, Mail.ru

Asia’s most valuable firm signs an accord to establish AliExpress Russia, which the local investors will collectively control
MOSCOW • Alibaba Group ...

Jack Ma plans to step down from Alibaba on Monday: NYT

by BLOOMBERG   Alibaba Group Holding Ltd. Chairman Jack Ma told the New York Times that he plans to step down from his role at the company on Monday, ...

Tech start-up funds plummet in China

HONG KONG • The funding deluge that fuelled one of the world’s fastest technology booms may be ebbing.
Capital raised by investment firms intended for ...