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Alibaba opens new global headquarters in Hangzhou, China on annual family day
On Thursday, a day before Alibaba's annual family and employee celebration known as AliDay, the company republished on the online forum of its flagship e-commerce platform, Taobao, a post written ...
Reuters22d
Alibaba to sell China department store chain Intime for $1.3 bln loss
Dec 17 (Reuters) - Alibaba Group (9988.HK), opens new tab said on Tuesday it would sell its Chinese department store unit Intime and book a $1.3 billion loss from the deal, as the retail giant ...
MarketWatch1mon
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
The U.S.-listed shares of Alibaba Group Holding Ltd. reversed into the red Friday, after the China-based e-commerce giant said it was “aggressively” investing to meet the surge in demand for ...
Fangda, Slaughter and May Lead as Alibaba Sells Hypermart for $1.6B
The 79% stake being sold is held by Alibaba subsidiaries, according to a filing with the Hong Kong Stock Exchange. According ...
中国日报网6d
Alibaba to sell Sun Art shares for $1.69 billion
Alibaba Group Holding Ltd said on Wednesday night that it will sell all of its shares in hypermarket operator Sun Art Retail ...