Alibaba Group announced that Toby Xu, Deputy Chief Financial Officer, will succeed Maggie Wu as the company’s Chief Financial Officer, effective 1st April.…
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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. …
Alibaba Group pledges US$15.5 billion to promote “common prosperity” in China
Alibaba Group has committed US$15.5 billion to finance 10 initiatives promoting “common prosperity” in China, supporting a nationwide push towards a fairer society.…
Bilibili partners with Alibaba on their latest findings on Chinese consumer fashion trends
Bilibili, in cooperation with Alibaba’s Tmall and Alibaba’s online marketing technology platform Alimama, released their findings on the latest Chinese consumer fashion trends.…
Alibaba to launch Taobao Deals on WeChat
There are no permanent enemies, only interests.…
Alibaba Group announces financial results
Alibaba Group Holding Limited announced its financial results for the quarter ended 30th September, 2020.…
Alibaba 2020 11.11 Global Shopping Festival generated US$74.1 billion in GMV
Alibaba Group Holding Limited announced the 2020 11.11 Global Shopping Festival generated US$74.1 billion in GMV during the 11-day campaign from 1st November to 11th November, an increase of 26% compa…