Alibaba

Alibaba keeps Singles Day sales tally under wraps for first time

Chinese e-commerce giant Alibaba has not released full sales figures for its annual Singles Day event for the first time ever, as a cooling economy dampened demand.
12 November 2022

It's official: Alibaba's Daraz finally enters the food delivery market of Bangladesh

Alibaba, the global e-commerce giant, officially enters the Bangladeshi food delivery scene through the acquisition of Hungry Naki in its locally invested venture, Daraz. The confirmation comes after both the parties entered negotiation in early December last year.
4 March 2021

New era at Alibaba as Jack Ma rides into the sunset

Jack Ma steps aside as leader of the Alibaba Group, ending a spectacularly successful 20-year run during which the charismatic former English teacher's e-commerce company left a profound impact on China's economy.
11 September 2019

Alibaba slams US treatment of Huawei

A senior Alibaba executive slams the United States’ treatment of China’s Huawei Technologies as “extremely unfair”, saying measures by the country to curb the firm’s access to their markets was “very politically motivated”.
25 January 2019

Jack Ma, the ‘accidental entrepreneur’, to retire at 54

Alibaba's charismatic co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told the New York Times in an interview.
8 September 2018

Alibaba buys e-commerce venture Daraz

Multinational e-commerce company Alibaba acquires Bangladesh’s one of the leading online commerce sites daraz.
8 May 2018

Alibaba's AI outguns humans in reading test

Alibaba develops an artificial intelligence model that scores better than humans in a Stanford University reading and comprehension test.
15 January 2018

China moves up ‘power woman’ list

Chinese women have made their strongest showing on Forbes magazine's list of the world's most powerful women.
6 June 2016

China's Alibaba breaks Singles Day record as sales surge

E-commerce giant Alibaba has broken its own record for sales on China's Singles Day, the world's biggest online shopping event.
11 November 2015

Yahoo to shutter China office and cut "around 350" jobs

Internet giant Yahoo is closing its China office as part of a worldwide consolidation aimed at cutting costs
19 March 2015

Alibaba ploughs $200 m into Snapchat in latest startup deal: source

Alibaba Group Holding Ltd (BABA.N) is investing $200 million in photo-messaging app Snapchat, a source familiar with the deal said, striking its latest Silicon Valley deal as the Chinese e-commerce company builds up mobile services.
12 March 2015

Cheap ‘Apple Watch’ copies on sale

Smartwatches that mirror the look of the Apple Watch's hardware and software are being advertised on China's most popular online shopping service as AW08 and iWatch
12 March 2015