Alibaba integrates ecommerce platforms into a single business unitAlibaba International Digital Commerce (AIDC) group chief Jiang Fan, a former head of Tmall who was demoted in 2020 following an online sca...
21 Nov, 2024, 04.50 PM IST
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
JD.com wins antimonopoly lawsuit against AlibabaChinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was slapped with a 1 billion yuan ($140.68...
29 Dec, 2023, 03.12 PM IST
Alibaba Group CEO takes over as chief of domestic ecommerce businessAn Alibaba spokesperson confirmed plans to set up a new asset management company but did not respond to a request for comment on Dai's invo...
20 Dec, 2023, 09.08 AM IST
Alibaba's Taobao, Tmall cancel December shopping festival, to host substitute eventThe dates of the new festival were not included in the notice, which was posted in a help section for platform merchants. Alibaba did not i...
24 Nov, 2023, 04.37 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 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
Alibaba Group says Eddie Wu to succeed Daniel Zhang as CEO, Joseph Tsai to take over as chairmanZhang will shift to fully focus on the cloud intelligence group, the company said. Zhang has since December been concurrently serving as th...
20 Jun, 2023, 11.03 AM IST
Alibaba president says group will expand local business in EuropeAlibaba will focus on building local businesses outside China, with Europe being the top priority, the group's president said on Thursday.
15 Jun, 2023, 04.27 PM 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
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 banks on data to open doors to more revenueThe company, which recently opened up its data-driven platform for mobile ad placement called Uni Marketing, had announced a tie-up with ad...
11 Jul, 2017, 08.43 AM IST
Alibaba paid $3.41 billion in taxes, created 30 million jobsAlibaba led merchants operating on its platforms, upstream manufacturers and logistics companies to pay at least 200 billion yuan in taxes ...
04 Jan, 2017, 10.23 AM 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
Alibaba likely to surpass Walmart as world's top retailerWalmart posted net sales of $478.6 bn for its fiscal year ending Jan 31, while latest trading volume figure for Alibaba amounted to 3 tn yu...
22 Mar, 2016, 09.11 AM IST