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Alibaba Group

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Chinese brands are quickly replacing once-coveted international brands like Apple and Nike in the world’s most populous country. According to a new survey by …

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  The Yahoo board is planning a series of meetings from Wednesday to Friday to consider a potential sale of the company’s iconic Internet …

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Alibaba Group Holding Ltd. and its affiliate partner Ant Financial Services Group announced today that both the companies will invest around $1 billion and …

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On Tuesday, Jack Ma, Executive Chairman of the e-commerce tech giants Alibaba Group revealed that Aliyun, the subsidiary of Alibaba Group, has established a …

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Chinese e-commerce giant Alibaba Group Holding Ltd has agreed to buy a minority stake in domestic smartphone maker Meizu Technology Co for $590 million, …

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China’s largest e-commerce company Alibaba Group Holding Ltd. is planning to go public in the US after it failed to reach an agreement with the Hong Kong stock exchange in regard to a listing there. The Group’s possible shift would set up the latest fight between archrivals Nasdaq OMX Group Inc. and NYSE Euronext for marquee stock listings.

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On the 11th of March, Chinese online giant Alibaba Group informed that its executive vice president Jonathan Lu would take the helm from current chief executive officer Jack Ma. The nomination was announced amid growing speculation over its forthcoming initial public offering.

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China’s Alibaba Group has not only doubled its net profit margin reached for the April-June quarter in the recent quarter but also exceeded past the double value handsomely. Alibaba’s Q2 profit doubled and its sales for the period increased by approximately 7o percent thereby proving the fact that the biggest e-commerce firm of China has trifled the growing rivalry in the concerned sector.

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