Alibaba

  • Chinese e-commerce giant Alibaba expected to file for US IPO next week 16-04-2014 01:32 PM

    San Francisco: Alibaba Group Holding Ltd's revenue growth accelerated in the last quarter of 2013, a timely lift for the Chinese Internet company as it prepares to file a prospectus next week for its highly anticipated initial public offering. Alibaba is expected to file prospectus for the share sale as...
  • Chinese e-commerce giant Alibaba invests $280 million in messaging app Tango 20-03-2014 11:07 AM

    San Francisco: Tango, the mobile messaging app-maker, announced Wednesday it has raised $280 million in a new funding round led by Chinese e-commerce giant Alibaba Group Holding Ltd. By almost any measure, the investment amounted to a staggering sum for a mobile app developer. The deal, which came one month...
  • Alibaba to set up mobile gaming platform in China 12-01-2014 04:20 PM

    Beijing: E-commerce giant Alibaba Group Holding Ltd said it would set up a mobile gaming platform in China, venturing into a fast growing sector dominated by tech rival Tencent Holdings Ltd. Mobile gaming is hugely popular in China, home to the largest number of smartphone users in the world. In...
  • Yahoo's net revenue dips along with ad prices 16-10-2013 01:26 PM

    San Francisco: Yahoo Inc's net revenue dipped slightly in the third quarter as prices for its display ads remained under pressure. Yahoo shares were up 16 cents at $33.54 in after market trading on Tuesday after initially rising more than 4 per cent. Yahoo also announced it would sell fewer...
  • Alibaba buys stake in online shopping firm ShopRunner: Report 18-08-2013 11:22 AM

    New York: Chinese e-commerce company Alibaba Group, which is preparing for an initial public offering in Hong Kong, has bought a minority stake in online shopping company ShopRunner, the Financial Times reported on Friday. The acquisition is part of a string of investments by Alibaba, the world's largest e-commerce group,...
  • Yahoo's email service in China to close in August 23-04-2013 10:04 AM

    San Francisco: Yahoo's email service in China will close this summer as part of an arrangement worked out with its partner in that country, Alibaba Group. The service is scheduled to close August 19. Yahoo is recommending users of its free email service in China transfer their accounts to another...
  • Alibaba hires US lobbying firm as it eyes Yahoo 29-12-2011 01:42 PM

    Washington: Alibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo Inc in the event that talks to unwind their Asian partnership fail. Japan's Softbank Corp, which owns a 30 per cent stake...
  • 'Alibaba seeks Temasek backing to buy stake from Yahoo' 10-10-2011 10:00 AM

    Bangalore: China's Alibaba Group Holding Ltd has talked with Temasek Holdings Pte about providing financing to buy the 40 per cent stake in itself held by Yahoo Inc, Bloomberg said, citing people familiar with the matter. Singapore's Temasek, a state-owned investment company, may help fund an offer in return for...
  • Alibaba's Ma: "very interested" in buying Yahoo 01-10-2011 08:26 AM

    California: Alibaba founder and CEO Jack Ma is keen on buying Yahoo Inc if the opportunity presents itself and has held discussions with other potential buyers about options. Asked whether Alibaba might be keen on picking up the ailing Internet giant, Ma told the audience during a speech at Stanford...
  • Asian tech firms face stiff challenge in mobile systems 27-09-2011 10:41 AM

    Shanghai: Mobile operating systems developed by Asia's top technology firms will at best only chip away market share from dominant leaders Google's Android and Apple's iOS. And such a scenario would only be possible if these companies, such as China's Baidu Inc and Alibaba Group are able to court enough...
  • Alibaba to release English mobile OS this month 09-09-2011 04:35 PM

    Hangzhou: Alibaba Cloud Computing, a unit of Alibaba Group, will release an English version of its mobile operating system this month and launch its tablet in the next two months, a top company executive said on Friday. Wang Jian, Alibaba Group's chief architect and president of Alibaba Cloud Computing, told...
  • Chinese site bans Web tools used to evade filters 23-08-2011 04:28 PM

    Beijing: A major Chinese online commerce site has banned sales of software used to bypass Internet censorship amid Beijing's efforts to block the development of a Middle East-style protest movement. But Taobao.com, part of e-commerce giant Alibaba Group, said it took the action on its own and received no official...
  • Yahoo gets short end of stick in Alibaba deal 30-07-2011 01:15 PM

    New York: Yahoo Inc got short-changed - that's the view of analysts picking apart the complex deal it announced on Friday with Alibaba Group and SoftBank Corp over Chinese e-payments unit Alipay. The trio struck an agreement after months of wrangling over the lucrative asset, under which Alibaba gets up...
  • Alibaba launches smartphone running its Cloud OS 28-07-2011 12:25 PM

    Beijing: Alibaba Group launched its self-developed mobile operating system and a smartphone on Thursday in a bid to capture a slice of China's rapidly growing mobile Internet market. The smartphone, K-Touch Cloud Smartphone, will be launched in July and will use Alibaba's Cloud operating system, it said in a statement....
  • PayPal to end partnership with Alibaba 04-06-2011 12:48 PM

    Shanghai: eBay's online payment unit, PayPal, will end its year-old partnership with AliExpress, the wholesale website of Alibaba.com, from early August, PayPal said on Friday. "PayPal remains deeply committed to China by providing Chinese merchants access to a safer and easier way to sell to millions of our users all...
  • Internet brings prosperity to Chinese farmers 29-12-2010 11:33 AM

    Beijing: Farmers in China's remote villages are prospering with trading agricultural products through the world wide web using internet connectivity provided at various information centres in rural parts of the country. Information centres with internet have been set up in 2,362 villages in the autonomous region of Ningxia as part...
  • China's Alibaba Group may rethink Yahoo ties 10-09-2010 12:06 PM

    Shanghai: China's Alibaba Group said on Thursday it may re-evaluate its relationship with its largest stakeholder, Yahoo Inc, after a Yahoo Hong Kong executive was quoted as saying the firm may compete in the mainland online advertising market. Alibaba Group, which is 40 percent owned by the US giant, owns...
  • Forbes India: What makes China tick? 16-07-2009 06:36 PM

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