Alibaba Stock Impacted by Black Swan Coronavirus Event

Alibaba Stock Impacted by Black Swan Coronavirus Event

By Anna Domanska - Feb 17, 2020

Alibaba Group reported better than expected earnings and revenue in the third quarter ending December. Despite this, its stocks were down on the bourses due to fears of Coronavirus

Read More
It’s tough love for Apple, Ikea and BMW in China

It’s tough love for Apple, Ikea and BMW in China

By Anna Domanska - Sep 14, 2018

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 consultancy Prophet,

Read More
Yahoo Chief Executive Marissa Mayer to consider a potential sale of her core internet business

Yahoo Chief Executive Marissa Mayer to consider a potential sale of her core internet business

By Carrie Ann - Dec 02, 2015

  The Yahoo board is planning a series of meetings from Wednesday to Friday to consider a potential sale of the company’s iconic Internet businesses and how to make the most

Read More
Alibaba and Ant Financial Aim to Capture China’s Local Service Market

Alibaba and Ant Financial Aim to Capture China’s Local Service Market

By Christy Gren - Jun 23, 2015

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

Read More
Alibaba Group to set up IT Joint Venture Deal With Dubai-Based Meraas

Alibaba Group to set up IT Joint Venture Deal With Dubai-Based Meraas

By Carrie Ann - May 13, 2015

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 technology joint ventur

Read More
Alibaba Buys a $590M Stake in Chinese Smartphone Maker Meizu

Alibaba Buys a $590M Stake in Chinese Smartphone Maker Meizu

By Anna Domanska - Feb 09, 2015

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, a joint statement said Mond

Read More
Alibaba decides to move IPO to the US

Alibaba decides to move IPO to the US

By Tom Parker - Sep 26, 2013

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 re

Read More
Alibaba bets on Jonathan Lu as new CEO

Alibaba bets on Jonathan Lu as new CEO

By Anna Domanska - Mar 11, 2013

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. Th

Read More
Net profit for Alibaba Group in China doubles for the second quarter

Net profit for Alibaba Group in China doubles for the second quarter

By Richard Meryn - Nov 17, 2012

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.

Read More