Alibaba

Alibaba sold goods worth $476bn in fiscal year 2015

For the fiscal year ending 30 March 2016, Alibaba’s China retail marketplace platforms sold goods worth more than 3 trillion yuan, about US$476-billion. This…

Alibaba officially registers biggest ever US IPO

Alibaba has raised US$21.8-billion ahead of its stock market debut, meaning that it is responsible for the largest IPO in US history. According to…

BurnCast: Alibaba and the biggest tech IPO in history

Welcome to BurnCast, our weekly podcast that discusses tech trends, innovation and news. Hosted by Mich Atagana and Stuart Thomas. Alibaba’s upcoming IPO is…

Alibaba looks to close gap between physical and online, pumps $629m into Chinese department store chain

China’s biggest ecommerce company is fusing online shopping with good, old-fashioned brick-and-mortar retailing. Sort of. Today, Alibaba announced a US$692 million investment in InTime…

Does Yahoo!’s local site closure signal that it’s given up on China?

The few people who bother to visit the Yahoo China homepage will notice something different today. A couple of weeks after Yahoo! shuttered its…

Alibaba reportedly set to buy stake in streaming video service PPTV

Chinese ecommerce giant Alibaba is apparently in the final stages of talks to buy a stake in streaming video service PPTV, with an announcement…

Alibaba’s Tmall, Taobao see US$3bn in sales in 24 hours

Tech in Asia recently suggested that China’s biggest e-commerce sales/discounts day could beat America’s Cyber Monday in value — and that’s precisely what happened…

China’s Alibaba wants to be bigger than Android

You can’t really accuse China’s tech and online giants of being short on ambition. Not when a company like Alibaba, already likely to pass…

Google is the latest rumoured Yahoo! buyer

Google, is “mulling” a bid for its search rival, Yahoo! the Wall Street Journal reports. This the latest news to surface from the “who’s…

Alibaba chair delivers Yahoo! ultimatum

Alibaba Group Chairman Jack Ma has delivered an ultimatum to Yahoo!. The head of the Chinese online retail giant says he expects an answer…

China’s Alibaba halts fee hike after massive web protest

Chinese internet giant Alibaba says that it will delay a fee hike for some sellers on its online shopping site after a storm of…

Alibaba CEO ‘interested’ in buying Yahoo!

Jack Ma, CEO of Chinese web giant Alibaba is reportedly “interested” in buying Yahoo! and claims to have been approached by private equity groups…

Alibaba CEO discusses future with Yahoo!

Jack Ma, founder of Alibaba was recently questioned regarding the future of Yahoo’s stake in his firm. He gave no insight as to what…

Yahoo! settles dispute with Chinese partners, Alibaba

US Internet firm Yahoo! and Japan’s SoftBank have announced that they have reached an agreement with their Chinese partners at Alibaba Group in a…

Chinese police arrest 36 in Alibaba fraud case

Police have arrested 36 people in southeast China following an investigation into fraud on e-commerce site Alibaba.com and other websites that duped buyers out…

Alibaba to help Japan crack Chinese market

Chinese e-commerce giant Alibaba says it has launched a service to help Japanese manufacturers crack the fast-growing Chinese market. The Tokyo-based arm of Alibaba.com…

Top two Alibaba execs resign over fraud allegations

China’s largest e-commerce group, Alibaba.com, has confirmed that two of its top executives, Chief Executive David Wei, and Chief Operating Officer, Elvis Lee, have…

China’s Baidu seeks to expand across web as Google China declines

2010 has been an exceptional year for Chinese search engine “Baidu”. The name means “hundreds of times”, and comes from an ancient Chinese verse,…

Chinese e-commerce giant launches new search engine

A unit of Chinese e-commerce giant Alibaba Group said on Tuesday it had launched a search engine, in an apparent effort to capitalise on…

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