Alibaba, the world’s largest e-commerce company, on Tuesday announced plans to split into six units that operate independently with different Chief Executive Directors and fundraising capabilities....
Investors in e-commerce firm Alibaba, have expressed concerns as the company’s shares plummeted massively on Monday, which has seen $28 billion wiped out of the company’s...
The United States of America has added E-commerce sites operated by China’s Tencent and Alibaba Group to the U.S. government’s latest “notorious markets” list. The list...
The digital transformation fuelled by the COVID-19 has speeded up the growth of the world’s largest internet companies. Today, these tech giants employ more people than...
China slapped a record $2.8 billion fine on Alibaba Group Holding Ltd. after an anti-monopoly probe found it abused its market dominance, as Beijing clamps down on its...
While many Chinese companies have faced severe challenges and losses caused by the COVID-19 pandemic, Alibaba Group emerged as one of the country’s biggest corporate winners...
Alibaba Shares Drop 9 Percent Despite $10 Billion Buyback Programme Investors are dumping their Alibaba shares fast despite the e-commerce company increasing its shares buyback programme...
Singles Day 2020 was a roaring success, cementing its position as the world’s biggest shopping holiday. Sales across Alibaba’s platforms during the event totaled $74.1 billion,...
The COVID-19 pandemic has affected every industry in the world but also accelerated many trends, and eCommerce might be one of the biggest. Many retail platforms...
Ant Group Plans to Raise the Biggest IPO Money of $34.4 Billion Ant Group backed by Jack Ma, the founder of e-commerce platform Alibaba and the...