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…
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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.…
Unexpected rebound in Alibaba’s profits, beats gloomy forecasts
Alibaba Group exceeded Wall Street’s expectations in its first quarter results. Across the world’s second-largest economy, shoppers have swelled and supply chains have untangled, according to the comp…
Tmall Hong Kong is reportedly to be shuttered by Alibaba
Alibaba plans to shut down Tmall in Hong Kong on October 30, 2022, according to Technode.com. In May 2021, Alibaba launched the service in partnership with Adidas in the city to sell fresh produce and…
Alibaba launches merchant support initiatives for 6.18
Alibaba Group introduced new merchant support measures, including expedited payment settlement and improved supply chain services for businesses on Taobao and Tmall. The new initiatives were designed …
Alibaba Group announces March quarter and full fiscal year 2022 results
Alibaba Group Holding Limited on 26th May announced its financial results for the quarter and fiscal year ended 31st March, 2022.…
Green Consumption in China: Key Takeaways from Coresight x Alibaba Webinar
Ahead of Earth Day 2022, Alibaba held a webinar event together with New York-based research firm Coresight to discuss the rise of green consumption in China. Event panelists Alibaba Group CMO Chris Tu…