Tag: Alibaba

(Bloomberg) — Alibaba Group Holding Ltd. will explore initial public offerings for its logistics and grocery arms while hiving off its $12 billion cloud business, kicking off the first phase of a much-anticipated breakup to try and revive anemic revenue growth.Most Read from BloombergSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsWall Street Fears $1 Trillion Aftershock From Debt DealHere’s How Much Wealth You Need to Join the Richest 1% GloballySam Zell, Billionaire R
— Read on ca.finance.yahoo.com/news/alibaba-plans-unit-ipos-sales-113819952.html

Alibaba Group Holding Ltd.’s Singles’ Day shopping bonanza got off to a scorching start, logging more than 114 billion yuan ($16.3 billion) of purchases in less than 90 minutes, the equivalent of more than half of last year’s record haul for the 24-hour event.
— Read on www.bloomberg.com/news/articles/2019-11-10/alibaba-hits-6-billion-yuan-of-singles-day-sales-in-a-minute

Alibaba’s new chairman says he has to reinvent retail before someone else does – BNN Bloomberg
— Read on www.bnnbloomberg.ca/businessweek/alibaba-s-new-chairman-says-he-has-to-reinvent-retail-before-someone-else-does-1.1312980

(Bloomberg) — Alibaba Group Holding Ltd. has set up a new website to double the number of global brands on its flagship online mall, taking an important step toward fulfilling its global ambitions.The e-commerce giant began offering an English-language portal on Tmall for the first time on Wednesday
— Read on ca.finance.yahoo.com/news/alibaba-aims-double-global-brands-054500941.html

Alibaba Group Holding Ltd. has set up a new website to double the number of global brands on its flagship online mall, taking an important step toward fulfilling its global ambitions.
— Read on www.bloomberg.com/news/articles/2019-06-26/alibaba-aims-to-double-global-brands-with-new-english-site