Chinese ecommerce giants face delicate balance between discounts, profitAlibaba's earnings reports are crucial indicators for China's consumer sentiment, influenced by competition from Pinduoduo and Douyin. The ...
13 May, 2024, 07.31 AM IST
Alibaba boosts share buy back as revenues missChina's Alibaba Group Holding on Wednesday missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and ...
07 Feb, 2024, 07.47 PM IST
Alibaba banks on aggressive Singles Day pricing to recoup sales mojoWhile Alibaba has announced that it will offer 80 million products at their lowest prices this year during Singles Day, which began in late...
31 Oct, 2023, 04.44 PM IST
Alibaba promises major discounts ahead of China's 'Singles Day' shopping eventAlibaba Group will be offering significant discounts for its annual Singles Day shopping event, indicating low consumer confidence in China...
23 Oct, 2023, 09.20 AM IST
How Alibaba's six main new business units stack upAlibaba Group Holding's former CEO, Daniel Zhang, has unexpectedly left the company's cloud computing unit, raising concerns about its spin...
11 Sep, 2023, 03.45 PM IST
Alibaba's quarterly revenue beats even as China's economic recovery sputtersIn the first quarter of its staggered financial year, the group's revenue amounted to 234.1 billion yuan ($32.5 billion), higher than analy...
10 Aug, 2023, 04.57 PM IST
How Chinese tech giant Alibaba's six new business units stack upThe e-commerce giant announced in March it will split into six business units, each with its own CEO and board of directors, and adopt a ho...
20 Jun, 2023, 11.30 AM IST
How Alibaba's six new business units stack upAlibaba has long relied on e-commerce as its core business, with smaller divisions in sectors such as cloud computing and entertainment. Th...
28 Mar, 2023, 11.28 PM IST
After the split, here's how Alibaba's six new business units stack upThe company's CEO Daniel Zhang said the business units will each be free to pursue funding and IPOs independently, which points to a possib...
28 Mar, 2023, 06.07 PM IST
China fines 3 online vendors for misreported prices, salesThe ruling Communist Party encourages e-commerce and other online industries but worries about the dominance of major competitors. Party le...
31 Dec, 2020, 01.37 PM IST
Gucci joins Alibaba's luxury e-commerce site to woo Chinese consumersFashion label Gucci will open two flagship stores on Alibaba's online luxury shopping platform, underscoring the importance of the Chinese ...
18 Dec, 2020, 11.13 AM IST
Alibaba to invest $1.4 billion in AI system for smart speakersThe announcement comes as the e-commerce giant continues its push into new technologies and business sectors beyond online shopping. The mo...
20 May, 2020, 01.12 PM IST
Alibaba Singles’ Day sales touch $1 billion in 1 minute, $16.3 billion in less than 90 minutesAlibaba is all set to break its last year record of Singles’ Day sales as it clocked more than half of what it did last year in less than 9...
11 Nov, 2019, 09.14 AM IST
Alibaba's Singles' Day sales hits new high, $24.3 billion by mid-dayThe Alibaba Group's various shopping platforms broke the 10 billion-yuan (USD 1.44 billion) sales threshold within the first two minutes an...
11 Nov, 2018, 05.11 PM IST
How Alibaba turns wealthy shopaholics into a marketing squadRolled out about two years ago, APASS has helped Alibaba persuade the well-heeled shoppers trolling its Tmall and Taobao shopping emporiums...
19 Nov, 2016, 01.16 AM IST
Future’s Paytm tie-up to help it ride with AlibabaAlibaba plans to debut its biz-to-consumer site Tmall in India. One of the options being considered is morphing the Paytm marketplace into ...
12 Aug, 2016, 11.54 AM IST
China's e-commerce giants set for legal battleA Chinese e-retailer firm has filed a lawsuit against e-commerce giant Alibaba, accusing it of using "deceptive" advertisements, setting of...
06 Nov, 2015, 04.51 PM IST