Tag: Alibaba

Alibaba Acquires Food Delivery Service Ele.me for $9.5 Billion
Alibaba is set to gain full control of Ele.me as it revs up on its plan to have a stronger foothold in China's burgeoning market for quick delivery...
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Alibaba Invests Additional $2 Billion in Lazada, Seeks to Dominate SE Asia eCommerce Market
Chinese eCommerce giant Alibaba announced Monday that it would be investing an extra $2 billion in Lazada as part of the company's continued expansi...
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Alibaba CEO Jack Ma Makes Multi-Million Dollar Investment in ‘Rent the Runway’ Fashion Business
It seems that Chinese billionaire investor Jack Ma is planning to expand his business interests to include women's fashion. Mr. Ma and his Alibaba c...
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Yahoo Reverses Spinoff To Sell Core Business And Keep Alibaba Stake
After a report from CNBC came out saying that Yahoo will halt its spinoff...
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Report: Yahoo Won’t Move Forward With Alibaba Spinoff
Over the first week+ of December, there have been numerous rumors about Yahoo. It has been reported (but not officially confirmed) that the company is considering selling its core...
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Alibaba Buys ‘China’s YouTube’ for $3.7 Billion
Alibaba has announced that it has acquired Youku...
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Alibaba Group Earnings Impress, Revenue Jumps 32%
Alibaba Group reported its financial results for the quarter ended September 30 on Tuesday, beating Wall Str...
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Alibaba Group’s Cloud Business Expands With New Data Center
Aliyun, the cloud computing arm of Alibaba Group, announced that it will set up a new cloud data center in Singapore, where the company will also base the headquarters for its over...
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Alibaba Is Starting A Netflix-Like Service Called TBO
Chinese ecommerce giant Alibaba Grouip is getting into online streaming video, readying a Netflix-type service in the country, according to multiple reports. The news comes as Netf...
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Alibaba Wants To Help US Small Businesses Sell More In China
Alibaba Group founder and Executive Chairman Jack Ma wrote...
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About Daniel Zhang, The New CEO Of Alibaba Group
Alibaba managed to take the title for the largest...
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Alibaba Releases First Earnings Report As A Public Company
Chinese e-commerce giant Alibaba, which held its IPO here in the United States in Septe...
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Alibaba Prices Huge IPO, To Trade On NYSE
Alibaba priced its shares at $68 on Thursday, which should make its IPO the largest ever for a company in the U.S., despite the fact that the business is Chinese. It's expected to...
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Snapchat Is Apparently Worth $10 Billion
Snapchat has been reported as the fastest-growing social app. It's inspired...
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