Chinese tech behemoth Alibaba Group Holdings has announced the departure of Daniel Zhang from its Cloud Intelligence Group, its second biggest business unit after its domestic e-commerce.…
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France’s Courrèges expands in China with Alibaba launch
Courrèges has opened an e-commerce store on Alibaba Group’s business-to-consumer marketplace Tmall, part of its international push to attract digitally native Gen Z fashionistas to the brand. SEE ALSO…
Alibaba quarterly sales flat on China commerce decline
Alibaba Group Holding announced revenues for the June quarter remained stable at RMB 205.56 billion (USD 30.69 billion), with growth adversely impacted by a decline in its China commerce segment reven…
Alibaba injects USD 845 million into Lazada
China’s Alibaba has invested some USD 845 million into its Southeast Asian e-commerce unit Lazada, as the e-commerce giant looks to make further inroads in the region.…
Alibaba Group announces chairman, CEO changes
Alibaba Group announced that Joseph Tsai, currently executive vice chairman, will succeed Daniel Zhang as chairman of the company, while Eddie Yongming Wu, chairman of Taobao and Tmall Group, will suc…
Alibaba posts annual revenue growth of 2 percent, earnings surge
Alibaba Group Holding announced revenue was RMB 208.2 billion (USD 30.316 billion) for the fourth quarter ending March 31, an increase of 2 percent, coinciding with a single-digit lift in annual reven…
The China connection: Alibaba teams up with Watches and Wonders, taking trade show digital
Fondation de la Haute Horlogerie, the Watches and Wonders organiser, collaborated with China’s largest e-commerce platform, Alibaba Group, to reach Chinese consumers digitally. …
Alibaba reorganises into six business groups
Alibaba Group said on Tuesday it will reorganise into six business groups and other investments, a move designed to unlock shareholder value and foster market competitiveness. …
Alibaba revenues inch forward despite Covid, supply chain woes
Alibaba Group Holding Limited announced on Thursday revenues for the quarter ending December 31 increased 2 percent year-over-year, to RMB 247 billion (USD 36 billion).…
Hungary’s Nanushka launches on Alibaba’s Tmall, opens Shanghai store
Nanushka, the Budapest-based fashion house, has recently launched on Alibaba Group’s business-to-consumer marketplace Tmall and opened a store in Shanghai.…