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Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market valueThe drop, potentially its biggest one-day fall in more than a year, wiped about $20 billion off the Chinese tech giant's market value.
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...
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...
ace turtle makes appointments to senior leadership teamWith extensive global experience in fashion, retail, luxury and online marketplaces spanning over two decades, he is a creative strategist ...
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.
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...
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...
China's JD.com to shut ecommerce sites in Indonesia, ThailandJD.com will end its services in Thailand on March 3 and in Indonesia from the end of the same month, its local websites showed. Both units ...
China's JD.com to shut e-commerce sites in Indonesia, ThailandJD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month, its local websites showed. Both unit...
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 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...
Logistics startup Locad gets seed funding from Sequoia Surge, othersLocad offers e-commerce brands and retailers end-to-end solutions—from plug-and-play e-commerce fulfilment to a distributed warehousing net...
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...
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...
New e-commerce platform launched for cross-border sales"Sellers are looking for a simple platform to sell their products regionally in Southeast Asia and India on cross-border model. SelluSeller...
Alibaba’s delivery service wants backers who don’t mind lossesFounded in 2013 by Alibaba and a small group of initial backers that includes trucking companies, Cainiao underpins the commerce giant’s ex...
RentoMojo appoints Vamsi Krishna Wuppalapati as Vice President-CXVamsi was the Founder of 'Inferatics Consulting Labs', a product management firm consulting startups in ideation phase, validating products...
Alibaba in investment talks with Delhivery and Xpressbees LogisticsThe Chinese company is also chalking out a plan to get Paytm to spin off its marketplace business and plans to top it up with more capital,...
Ola to start shuttle bus services by aggregating tourist and chartered buses on its platform"They started with taxis and moved to autos. It wants to establish itself as a transport tech platform rather than be dependent on one mode...