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"Alibaba" tag

Alibaba – Chinese Singles’ Day shopping frenzy breaks records

In the first five minutes of Singles’ Day, Chinese shoppers spent more than $1 billion on e-commerce platform Alibaba, setting the stage for new records during the world’s biggest sales promotion event. Named for the...


Questions arise after Alibaba’s SCMP purchase

Following weeks of speculation, Chinese e-commerce giant Alibaba Group has announced it agreed to buy the biggest English-language newspaper in Hong Kong, the South China Morning Post (SCMP), together with other media assets owned by...

Chinese internet gaints & industry leaders-MarketExpress

Chinese internet giants on verge of becoming industry leaders

Recently China’s largest online direct sales company Jingdong, or (JD), successfully launched its initial public offering and raised $1.8 billion on the Nasdaq. Very soon, its domestic rival, Alibaba (ABABA), the largest e-commerce company in China, as well...


Alibaba to face challenges head-on in post-Ma era

Alibaba changed its leader on Friday in what the company describes as “a year of transition” for the world’s largest retail giant. Jack Ma, 48, stepped down as Alibaba CEO, with 43-year-old Jonathan Lu Zhaoxi...