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Alibaba expands offline retail presence with $2.9B investment in leading grocer...

Through an alliance comprising Alibaba Group Holding Ltd, Auchan Retail S.A. and Ruentex Group, the e-commerce giant will invest approximately $2.9 billion in China's hypermarket...

Singles Day Shopping Festival Sales Top $45 B for Alibaba, JD.com

The Story: Alibaba, the Chinese technology giant, broke all sales records on its Singles Day shopping festival yesterday, November 11, which is stylized and promoted...

Alibaba Smashes 2016 Sales Records Just Halfway through “Singles Day” 2017

The Story: Chinese e-commerce juggernaut Alibaba says that it hit a record $18 billion in sales during its Singles Day special online event, and that's...

Alibaba Serious about Cloud Unit, Offers Ridiculously Deep Discounts to Lure...

On our website today I saw an advertisement for Aliyun, Chinese retail major Alibaba's cloud computing arm, also known as AliCloud or simply Alibaba...

Jack Ma’s Alibaba Steams Ahead with 63% Retail Revenue Growth in...

Chinese e-commerce giant Alibaba, headed by Jack Ma, blew past Wall Street analyst estimates as the company posted a record 132% increase in net...

Alibaba to Open R&D Academy with 7 Labs across the Globe,...

Alibaba, the Chinese e-commerce giant, announced today during its cloud computing conference,  that the company will pour $15 billion into research and development over the...

Mobile Payments are Exploding in China, Setting the Tone for a...

Mobile payments are indeed the future, and the world's most populous country is already leading the way in driving a few more nails into...

Why Alibaba (BABA) Stock Has Bloated by a Whopping 90% in...

Alibaba (BABA), the Chinese e-commerce giant who we cannot stop comparing to Amazon (AMZN), has done one thing much better than Amazon this year...

Amazon Languishing in China Online Retail Market after More than 10...

It has been more than decade since Amazon entered China but, despite being in the country for such a long time, Amazon has struggled...

Verizon Will Still Buy Yahoo Despite Hacks and SEC Probe, Slated...

A wave of relief must have engulfed Yahoo investors as CEO Marissa Mayer announced on Monday that the Verizon acquisition has been pushed to the...

Alibaba is Now the Official Cloud Computing Partner of the Olympic...

Alibaba Group Holding Ltd., simply known globally as Alibaba, has become an official lead sponsor of the Olympic Games until 2028, joining companies like Coca Cola...

Alibaba Cloud (Aliyun) Announces 4 New Ultra-large Data Centers

The cloud computing arm of Chinese retail giant Alibaba - Aliyun, Alicloud or, simply, Alibaba Cloud - announced last week that the company will...

Apple Points Finger at Fake Apple Products on Amazon U.S., Sues...

In an unusual turn of events, Apple is pointing fingers at Amazon.com saying several of the Apple products and accessories on their site are...

Why Alibaba Group is 7X as Profitable as Amazon.com

Amazon is the world’s largest e-retailer by valuation, with a market cap well north of $360 billion, but Alibaba is the world’s largest e-tailer in...

Uber to Merge with Didi Chuxing in China, Freed for IPO?

Uber Technologies will soon be free of their China unit as China's dominant car-hailing company Didi Chuxing - which received a $1 billion validation in...