This April, Alibaba Group’s B2C e-commerce platform Tmall launched eco-friendly product labels to help consumers check the impact of their purchases on the environment and make more sustainable choice…
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Alibaba tests social shopping app
Chinese e-commerce giant Alibaba is testing a new fashion and social shopping app targeting China’s Gen-Z.…
Alibaba invests US$60 million in AR startup Nreal
Nreal, an augmented reality (AR) glasses maker, announced on 30th March that the company had raised $60 million in a funding drive led by Alibaba Group.…
Alibaba pledges carbon neutrality by 2030
Alibaba Group pledged on 17th December to reach carbon neutrality by 2030 as it reins in emissions across its operations amid a global push to tackle climate change.…
Alibaba Group reorganises its e-commerce businesses
Alibaba Group announced organisational changes and leadership appointments to drive synergies across its consumer and wholesale commerce platforms both in China and globally, as the company continues …
Alibaba Group appoints new Chief Financial Officer
Alibaba Group announced that Toby Xu, Deputy Chief Financial Officer, will succeed Maggie Wu as the company’s Chief Financial Officer, effective 1st April.…
Alibaba announces financial results
Alibaba Group Holding Limited reported the group’s revenue growth rose 29 percent to RMB 200.69 billion (US$31.44 billion), its slowest rate of growth in six quarters for the quarter ended 30th Septem…
Alibaba’s 11.11 Global Shopping Festival sets a new record
Alibaba Group’s 11.11 Global Shopping Festival has notched new highs, closing out the event this week with US$84.54 billion in gross merchandise volume but Alibaba is looking beyond numbers.…
Alibaba Group kicks off 2021 11.11 Global Shopping Festival
Alibaba Group Holding Limited officially kicked off its 13th annual 11.11 Global Shopping Festival on 20th October, 2021 with an emphasis on sustainability and inclusiveness.…
Alibaba invests in Southeast Asia’s logistics start-up Ninja Van
Singapore-based logistics start-up Ninja Van raised US$578 million from its latest Series E funding round, including an investment from Chinese e-commerce giant Alibaba Group Holding. …