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Alibaba to raise $3.2 billion via convertible bond to fund cloud growthAlibaba plans to raise $3.2 billion through a zero-coupon convertible bond to fuel international expansion and bolster its cloud computing ...- Alibaba to raise $3.2 billion via convertible bond to fund cloud growthAlibaba, among China's most aggressive adopters of artificial intelligence, said it would use nearly 80% of the proceeds to expand data cen...
- Malaysian fintech major TNG Digital eyes IPO in next 2-3 yearsTNG Digital could potentially fetch the valuation of a unicorn - a startup with a market value of $1 billion or more - before the potential...
- Alibaba bets on gen AI tools for overseas merchants, executive saysAlibaba's international e-commerce unit is leveraging generative AI tools for translation, content creation, and product returns. VP Kaifu ...
- Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go publicThe company in March announced plans to reshape itself into six business divisions with plans to allow all but its core e-commerce business...
- Alibaba’s global online commerce arm weighs a US IPOGlobal online shopping unit includes Lazada, AliExpress, and has been valued by analysts at $39 billion.
- Alibaba looks to expand its Southeast Asian arm Lazada to EuropeThe move comes months after Alibaba's logistics arm, Cainiao, opened a central hub for European sales in Belgium.
- Alibaba plans for new normal of low growth as crackdown bitesChief Executive Officer Daniel Zhang sketched out on Thursday how China’s e-commerce leader will now prioritize user retention over acquisi...
- Alibaba pledges overseas e-commerce focus as its China growth slowsEarlier this month, Alibaba Group Holding Ltd restructured its e-commerce business into separate China and international divisions, with th...
- China's Alibaba sets $100 billion target for Southeast Asian e-commerce divisionChinese e-commerce giant Alibaba has set a target for gross merchandise volume of $100 billion in gross merchandise volume (GMV), the total...
- Alibaba overhauls ecommerce businesses, appoints new CFOAlibaba said it would form two new units to house its main ecommerce businesses - international digital commerce and China digital commerce...
- Alibaba's Lazada appoints Chun Li as new CEOLazada Group Chief Executive Officer and co-founder Pierre Poignant will be replaced by Chun Li, a former Alibaba executive, who is current...
- Southeast Asia’s net economy to top $100 billion this yearThe value of the region’s online transactions in areas from internet retail to car-hailing should reach $300 billion by 2025: Report
- Mother of all sales: Alibaba goes international to hit new singles' day recordAlibaba Group Holding Ltd. is looking beyond borders to turn its annual Singles’ Day shopping celebration into a global phenomenon.
- Alibaba launches electronic trading hub in MalaysiaThe hub, part of a "digital free trade zone" near Kuala Lumpur International Airport, went live during a ceremony attended by Alibaba found...
- E-commerce platform Zilingo raises Rs 113 crore from Sequoia, othersThe startup was founded by Indian entrepreneurs Ankiti Bose and Dhruv Kapoor in 2014 and the tech team is headquartered in Bengaluru.
- 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...
- Alibaba to invest $1 billion in LazadaAlibaba took control of Lazada last year from Rocket in a $1 billion deal -its largest overseas move to date.
- Alibaba guides for 45-49% growth in FY18, Investors thump in cheerThe e-commerce and data giant, which is seeking to expand new business lines in artificial intelligence, has seen its stock rise over 40 pe...
- Thailand-based e-commerce startup Zilingo bags $8-million in Series-A fundingApart from Sequoia, Venturra and SIG, others such as Beenext, Wavemaker Partners, Beenos and Digital Garage also participated in Zilingo’s ...
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