#alibaba

1:46am, 18th June, 2020

Alibaba's Ant Group appoints new chief technology officer

Alibaba Group's fintech arm Ant Group, operator of Alipay, has appointed Ni Xingjun as its new chief technology officer, the company said in a statement to Reuters.

Alibaba extends its reach in China as coronavirus outbreak opens doors

2:20am, 28th May, 2020

News

Alibaba extends its reach in China as coronavirus outbreak opens doors

Alibaba Group Holding Ltd is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand its businesses and solidify its status as a critical part of the country's socio-economic engine.

Alibaba's sales surge as people shop online during lockdown

9:58am, 22nd May, 2020

News

Alibaba's sales surge as people shop online during lockdown

Alibaba Group Holding Ltd on Friday reported forecast-beating fourth-quarter revenues and profits, as more people shopped online for essentials because of the coronavirus lockdowns.

Alibaba revenue, profit beat as online sales surge during lockdown

7:52am, 22nd May, 2020

News

Alibaba revenue, profit beat as online sales surge during lockdown

China's Alibaba Group Holding Ltd on Friday reported fourth-quarter revenue and profit that topped market expectations, as the COVID-19 lockdowns drove more people to shop online for essentials.

Alibaba to invest $1.4 billion in AI system for smart speakers

3:24am, 20th May, 2020

News

Alibaba to invest $1.4 billion in AI system for smart speakers

Alibaba Group Holding Ltd will invest 10 billion yuan ($1.41 billion) into an AI (artificial intelligence) and IoT (Internet of Things) system centered around its Tmall Genie smart speaker, the company announced on Wednesday.

Alibaba's Jack Ma resigns from SoftBank board

10:56pm, 17th May, 2020

News

Alibaba's Jack Ma resigns from SoftBank board

SoftBank Group Corp said on Monday that Alibaba co-founder Jack Ma will resign from its board, in the latest departure by a high-profile ally of CEO Masayoshi Son.

How Alibaba's Freshippo adapted to keep delivering in virus-hit China

12:50pm, 23rd March, 2020

News

How Alibaba's Freshippo adapted to keep delivering in virus-hit China

As people in China retreated indoors in late January to avoid the coronavirus, Alibaba's supermarket chain Freshippo faced a dilemma: online orders for fruit were soaring but supplies were low.

Cryptocurrency firm agrees to stop using Alibaba name

10:46am, 11th March, 2019

News

Cryptocurrency firm agrees to stop using Alibaba name

A cryptocurrency firm said it will stop using trademarks including the term "Alibaba" as part a settlement of a lawsuit brought by Alibaba Group Holdings Ltd, the Chinese e-commerce retailer.

Alibaba invests $693 million for stake in Chinese courier STO Express

12:18am, 11th March, 2019

News

Alibaba invests $693 million for stake in Chinese courier STO Express

Alibaba Group Holding Ltd will take a 14 percent stake in STO Express Co Ltd through a $693 million deal, the e-commerce giant's fourth significant investment in a Chinese courier company.

Office Depot and Alibaba team up to tap small and medium businesses

1:06pm, 4th March, 2019

News

Office Depot and Alibaba team up to tap small and medium businesses

Office Depot on Monday teamed up with Alibaba Group Holdings Ltd to launch a co-branded e-commerce website, seeking to tap into the opportunities of selling to small and medium businesses in the United States.