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Alibaba Group is readying a $7 billion boost for its delivery and shopping platforms amid stiff competition in China. The tech giant said Wednesday that it will offer 50 billion yuan, or about $6. ...
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Alibaba’s Sluggish Growth in China Commerce Drags Down Results - MSN
The cloud unit’s revenue growth accelerated to more than 7%, suggesting it’s beginning to claw back market share lost to state rivals. Alibaba’s shares fell as much as 3.7% in New York trading.
Over the past few months, on-demand retail has reshaped China’s e-commerce landscape, intensifying competition among major ...
Chinese tech giant Alibaba Group is seeking to raise around HK$12 billion ($1.53 billion) through exchangeable bonds to boost investments in its cloud infrastructure and global commerce operations, ...
Alibaba merges domestic and global e-commerce into a unified unit, led by Jiang Fan, to streamline operations and enhance growth. International e-commerce revenue surged 29% YoY, while Taobao and ...
Alibaba Group announced a major restructuring of its e-commerce business on Thursday, consolidating its domestic and international operations into a single e-commerce division. CEO Eddie Wu, in an ...
Alibaba expects its international e-commerce unit to turn profitable next fiscal year and plans to spend more on Cloud and AI over the next three years than in the past decade.
Alibaba's latest collaboration with Xiaohongshu follows other recent efforts to boost growth in its domestic e-commerce unit. Analysts say the moves have shown some success.
Chinese e-commerce giant Alibaba Group Holding Ltd <BABA.N> is investing about S$279 million ($205.98 million) to expand its holdings in Singapore Post Ltd (SingPost) <SPOS.SI> and its e-commerce ...
Alibaba 9988 2.93 % increase; green up pointing triangle Group is folding its food-delivery and online-travel services into its core e-commerce unit, streamlining operations in the face of ever ...
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Alibaba sets up new ‘digital technology’ firm under e-commerce unit ...
Alibaba Group Holding has set up a new “digital technology” company under its main e-commerce unit, Taobao and Tmall Group (TTG), with a registered capital base of 10 million yuan (US$1.4 ...
SHANGHAI (Reuters) -Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for the first time, the company said in a ...
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