Alibaba
Jack Ma Says His Biggest Mistake was Making Alibaba
Christian George Acevedo | | Jun 22, 2016 06:15 AM EDT |
Jack Ma believes that the biggest mistake in his life was making Alibaba.
Jack Ma Wants Alibaba to Equal the World’s Fifth-Richest Country by 2020
Christian George Acevedo | | Jun 22, 2016 02:21 AM EDT |
China's richest man wants to see his company in the ranks of the world's richest countries.
Walmart Sells Chinese E-Commerce Business to Alibaba's Rival
Christian George Acevedo | | Jun 21, 2016 07:06 AM EDT |
U.S. retail giant Walmart is moving towards another strategy that would give it better footing in the Chinese lucrative market.
China's Mobile Payment Market is Dominated by Young Adults
Sami Ghanmi | | Jun 17, 2016 10:45 AM EDT |
Chinese mobile users ages between 20 and 39 are now leading the race in China's rapidly growing domestic proximity mobile payment market - accounting for the majority of all mobile payment users in the country.
Alibaba’s Jack Ma Claims Counterfeit Products are of Better Quality Than Original
Rina S. | | Jun 16, 2016 07:59 PM EDT |
Alibaba founder Jack Ma has stirred controversy after stating that Chinese-manufactured counterfeit goods are now even better than the genuine products they are imitating. His statement has complicated the efforts being made to weed out fakes from Alibaba's platforms such as TaoBao.
Didi Chuxing: Uber Rival Raises $600 Million from China Life Insurance
Rina S. | | Jun 13, 2016 06:40 AM EDT |
Chinese ride-sharing and ride-hailing app Didi Chuxing announced an infusion of $600 million from China Life Insurance Co Ltd, which also holds a stake in Didi Chuxing's rival and American multinational Uber.
Alibaba Pictures to Invest More in Chinese Film Industry
Alexis Villarias | | Jun 13, 2016 12:38 AM EDT |
Speaking at the Shanghai International Film Festival on Sunday, CEO of Alibaba Pictures Production, Zhang Qiang, announced that the company is planning more acquisitions to develop the Chinese film industry.
China Leads the Race in Mobile Payments; Users Expected to Reach 195 Million in 2016
Sami Ghanmi | | Jun 10, 2016 09:01 AM EDT |
China, the second largest global economy, is currently the most dominant force in the proximity mobile payment market in the world.
Jack Ma Calls on Hong Kong Youth to "Think Clearly" About What They Will Lose if They Cut Ties with China
Christian George Acevedo | | Jun 06, 2016 10:51 PM EDT |
Alibaba chief Jack Ma has asked youths in Hong Kong to seriously consider the consequences of wanting to cut ties with China.
Didi Claims to be Making Profit in 200 Cities in China
Rina S. | | Jun 03, 2016 06:32 PM EDT |
Didi Chuxing Technology Co., the largest ride-hailing company in China, has revealed that it is earning profits in more than half of the cities it is currently active in. The company is operating in about 400 cities in China.
SoftBank Offloads $7.9 Billion Worth of Alibaba Stock
Rina S. | | Jun 02, 2016 09:53 AM EDT |
Japanese firm SoftBank has announced that it is liquidating $7.9 billion worth of its stake in Alibaba Group Holding Ltd. The sale will reduce SoftBank's share in Alibaba from 32.2 percent to about 28 percent.
Alibaba to Invest in Search Developer Twiggle
Rina S. | | Jun 02, 2016 09:45 AM EDT |
Alibaba is betting big on Artificial Intelligence by investing in Israeli search startup firm Twiggle. The investment will help the Chinese e-commerce giant to boost its position in the sector.
Big Data Becomes Bigger in China: 2016 International Expo Kicks off in Guizhou
Sami Ghanmi | | May 26, 2016 11:53 AM EDT |
Big Data is going big in China as the Guiyang International Big Data Expo 2016 kicks off on Thursday in the city of Guiyang, the capital of the Guizhou province located in southwest China.
Alibaba Under SEC Investigation for Accounting Practices
Rina S. | | May 26, 2016 08:16 AM EDT |
U.S. regulators have initiated an inquiry into Alibaba's accounting practices following its annual blockbuster sales day last year.
China's Tencent in Talks to Acquire A Majority Stake in 'Clash of Clans' Hitmaker Supercell from Softbank
Charissa Echavez | | May 23, 2016 08:45 PM EDT |
WeChat owner Tencent Holdings Inc. is reportedly negotiating to acquire a majority stake in Clash of Clans hit maker Supercell Oy from Japan's SoftBank Group Corp.
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