alibaba news and archive.

Business

VF Corp partners with Alibaba’s TMIC to obtain consumer analytics in China

Marjorie van ElvenJune 20, 2019

VF Corporation, the company behind several fashion including Vans, Timberland and The North Face, has teamed up with Alibaba’s retail analytics hub, Tmall I

Retail

& Other Stories to make China debut on Tmall

Danielle Wightman-StoneJune 11, 2019

H&M Group’s womenswear brand & Other Stories has announced that it is to launch a Tmall flagship store in the autumn, making the Alibaba Group-owned online

Business

CICC and Credit Suisse to lead Alibaba Hong Kong IPO

Kristopher FraserJune 10, 2019

Alibaba, one of Amazon's biggest global competitors and one of the biggest online marketplaces, has selected China International Credit Corp. and Credit Sui

Business

Alibaba results beat analyst estimates

AFPMay 15, 2019

Alibaba results beat analyst estimates

Business

Alibaba pays 250 million dollars to settle fraud suit

Robyn TurkApril 30, 2019

Chinese e-commerce giant Alibaba has settled a lawsuit over securities fraud with its shareholders. The company will pay 250 million dollars to end the lawsui

Retail

Alibaba and Italian retailers strengthen ties

Don-Alvin Adegeest March 20, 2019

China and Italy are strengthening their relationship where it concerns fashion and retail. The AliExpress portal, Alibaba's web retail platform, is official

Business

Alibaba announces new U.S. B2B partnership

Kristopher FraserMarch 4, 2019

Alibaba Group Holdings trading platform has formed its first business-to-business venture with Office Depot. The news was first reported by Business of Fash

Business

Alibaba takes stake in Chinese video platform Bilibili

AFPFebruary 15, 2019

AFP Please replace all "%" with "pour cent" Add "(AFP)" at the end Metakey: alibaba, bilibili Cat: 10 Country: uk,exec,ca,in,au,nz Featured: 0 Alib

Business

Alibaba profit up 37 percent but revenue growth eases

AFPJanuary 30, 2019

Chinese e-commerce leader Alibaba said Wednesday that net profit increased 37 percent in the latest quarter as growth in cloud computing and other business l

Business

Chinese premier vows measures to support the economy

AFPJanuary 16, 2019

Chinese premier vows measures to support the economy

Business

Indonesia's Tokopedia raises 1.1 billion USD from top investors

AFPDecember 12, 2018

Indonesia's Tokopedia raises 1.1 billion USD from top investors

Retail

Macy’s exiting the Chinese market

Marjorie van ElvenDecember 7, 2018

Macy’s is withdrawing from China completely by the end of this year. After shutting down its Shanghai store in 2015 and taking down its standalone Chinese w

People

Jack Ma, China's richest man, is a Communist Party member

AFPNovember 27, 2018

Jack Ma, China's richest man, is a Communist Party member

Fashion

Chinese stores remove Dolce & Gabbana’s products, founders release apology video

Marjorie van ElvenNovember 23, 2018

Dolce & Gabbana’s image crisis in China is far from over. A series of retailers, including JD.com, Tmall, Y-closet, Secoo and Net-a-Porter, have taken down

Retail

'Ababis' and 'Star Wnrs': Knockoffs thrive in China e-commerce

AFPNovember 12, 2018

'Ababis' and 'Star Wnrs': Knockoffs thrive in China e-commerce

Business

Alibaba breaks its own sales record during Single'sDay

Angela Gonzalez-RodriguezNovember 12, 2018

ANALYSIS New York – Chinese e-commerce giant Alibaba Group Holding Ltd has registered a record 213.5 billion yuan (30.70 billion dollars) in sales during Si

People

Alibaba's Ma calls trade war 'stupidest thing in the world'

AFPNovember 5, 2018

Alibaba's Ma calls trade war 'stupidest thing in the world'

Business

Alibaba revenue jumps ahead of shopping bonanza Singles Day

AFPNovember 2, 2018

Alibaba revenue jumps ahead of shopping bonanza Singles Day

Business

China: Tmall demonstrates fashion shopping of the future

Regina HenkelOctober 29, 2018

Together with Shanghai Fashion Week, China's online giant Alibaba demonstrated what fashion shopping of the future could look like as new technologies aim

Retail

Richemont and Alibaba partner to launch retail platform in China

Prachi SinghOctober 26, 2018

Richemont and Alibaba Group have announced a global strategic partnership to bring the retail offerings of Yoox Net-A-Porter Group (YNAP), to Chinese consumer

Fashion

In pictures: G-Star kicks off Tmall fashion show with Jaden Smith

FashionUnitedOctober 25, 2018

Last weekend, G-Star delivered the opened the 10th edition of “See Now Buy Now” fashion show organized by Alibaba’s B2C marketplace, Tmall. The kick-off

Retail

Moncler launches pop-up store on Tmall

Marjorie van ElvenSeptember 26, 2018

Moncler has announced the launch of an exclusive pop-up store at Tmall, Alibaba’s luxury e-commerce platform in China, from September 27. The store will off

Business

Alibaba's Ma says 1m US jobs pledge thwarted by trade row

AFPSeptember 20, 2018

Alibaba's Ma says 1m US jobs pledge thwarted by trade row

Retail

Cos to expand China presence by launching a flagship on Tmall

Prachi SinghSeptember 19, 2018

London-based fashion brand Cos, part of the H&M group has announced its online debut in China next month. The company said that the brand will launch an onlin

Business

Timeline: the rise and rise of Alibaba

Marjorie van ElvenSeptember 11, 2018

TIMELINEThis week was shaken by several news coming from Chinese e-commerce giant Alibaba. To start, the company’s founder and CEO, Jack Ma, announced his

Business

Alibaba, Russian tech firm Mail.ru agree joint e-commerce venture

AFPSeptember 11, 2018

UPDATE Chinese e-commerce giant Alibaba and Russian technology group Mail.ru on Tuesday said they would launch a joint e-commerce venture in Russia and f

Business

Alibaba, Russian tech firm Mail.ru to launch new venture

AFPSeptember 11, 2018

Chinese e-commerce giant Alibaba and Russian technology group Mail.ru on Tuesday announced a deal to launch a joint venture in Russia and former Soviet count

People

Alibaba founder Jack Ma to step down in 2019, pledges 'smooth transition'

AFPSeptember 10, 2018

Alibaba co-founder Jack Ma announced on Monday he would step down as head of the pioneering Chinese e-commerce giant in one year, a departure already drawi

Business

EU must challenge PayPal, Apple in payment services: ECB

AFPSeptember 3, 2018

European Union countries must foster payment services that work across the continent to boost its financial sector and reduce dependence on third countries l

Business

Alibaba's first quarter revenues surge 61 percent

Prachi SinghAugust 23, 2018

Alibaba Group Holding Limited in its results announcement for the quarter ended June 30, 2018 said that revenue reach 80,920 million Chinese yuan (12,229 mill

Business

Guess? Inc. se gana a los turistas chinos en EE.UU. con pagos móviles

Angela Gonzalez-RodriguezAugust 3, 2018

ANÁLISIS Guess? Inc. ha apostado fuertemente por China como mercado estratégico y por los consumidores chinos como su primera prioridad a la hora de gan

Business

Guess? enhances its mobile payments in the U.S. to win over wealthy Chinese tourists

Angela Gonzalez-RodriguezAugust 3, 2018

ANALYSIS Guess? Inc. has bet strongly on China, both as a strategic market and as the home for one of the wealthiest shoppers groups it targets worldwide. The

Business

How do consumers feel about artificial intelligence?

Marjorie van ElvenJuly 9, 2018

Several fashion retailers have announced artificial intelligence projects recently, including Marks & Spencer, Net-a-Porter, and House of Fraser. The latest -

Business

Alibaba and Eurovet team up to push foreign underwear and swimwear in China’s Tmall

Angela Gonzalez-RodriguezJuly 9, 2018

Tmall’s fashion unit and global intimate apparel conference trade organiser Eurovet have entered an agreement to help underwear and swimwear companies sell

Retail

Alibaba presents shopping of the future with Fashion AI Concept Store

Simone PreussJuly 6, 2018

*span class="label label-primary">COMMENTARY We have all been there - just squeezed out of our own clothes into the new ones in the fitting room, only to real

Video

Video: Fashioning the Future with Artificial Intelligence

FashionUnitedJuly 4, 2018

Take a look inside Alibaba’s pilot FashionAI concept store. Source: Alibaba Group, YouTube.

Business

Amazon, Alibaba to withdraw dangerous products more quickly: EU

AFPJune 25, 2018

Four e-commerce giants, including Amazon and Alibaba, pledged Monday to withdraw dangerous products more quickly from the market, the European Commission sa

Video

Video: Inside Intersport´s New Retail Megastore in Beijing

FashionUnitedJune 8, 2018

The Swiss retailer has partnered with Tmall to bring state-of-the-art shopping technology to Chinese consumers. Want to know more about the partnership

Retail

Tmall and Intersport launch interactive megastore in Beijing

Simone PreussMay 30, 2018

Swiss sporting goods retailer Intersport and Chinese internet giant Alibaba’s Tmall unveiled on Tuesday a co-branded store in Beijing complete with interact

Business

China's Alibaba buys Pakistan e-commerce firm Daraz

AFPMay 9, 2018

Chinese e-commerce giant Alibaba said Wednesday it had purchased leading Pakistani online retailer Daraz, continuing its overseas expansion by gaining a f

Business

China's 'men only' job culture slammed in new report

AFPApril 23, 2018

Leading Chinese firms including e-commerce giant Alibaba were heavily criticised Monday for gender discrimination in job adverts in a new report which said t

Business

Alibaba's Jack Ma says trade war endangers job pledge

AFPApril 10, 2018

Alibaba founder Jack Ma said a China-US trade war could endanger his pledge to create 1 million US jobs, state media reported Tuesday, as China and the US loc

Business

Alibaba doubles investment in SE Asia e-commerce firm

AFPMarch 19, 2018

Chinese e-commerce giant Alibaba said Monday it will appoint one of its founders as head of Lazada and inject another $2 billion into Southeast Asia's leading

Business

Alibaba CEO invests 20 million dollars in Rent the Runway

Don-Alvin Adegeest March 13, 2018

Rent the Runway, a platform that rents designer collections for anything from a single wear to several months, has secured a 20 million dollar investment

Fashion

Alibaba sets up AI research centre in Singapore

AFPFebruary 28, 2018

Chinese e-commerce giant Alibaba on Wednesday opened an artificial intelligence research institute in Singapore in partnership with a local university, as th

Business

Alibaba buys stake in Wanda Film for 750 million dollars

AFPFebruary 5, 2018

Troubled Chinese conglomerate Wanda announced Monday that e-commerce giant Alibaba has agreed to buy a stake in its cinema division for around $750 million,

Business

Alibaba net profit soars 35 percent as Singles Day pays off

AFPFebruary 1, 2018

Chinese e-commerce giant Alibaba Thursday posted a 35 percent surge in net profit in the third quarter, rising to $3.7 billion thanks to the annual Singles Da

Retail

Jack Ma: 'Artificial intelligence and robots will kill many jobs'

AFPJanuary 26, 2018

"Artificial intelligence and robots will kill many jobs." It's a depressingly blunt statement for anyone to make, but even more so as it is the predicti

Retail

China's Alibaba under fire over use of customer data

AFPJanuary 5, 2018

Chinese e-commerce giant Alibaba has come under fire over its handling of user data in an episode that underscores growing concerns for privacy in the hyper-

Business

China targets booming online lending as crisis fears build

AFPDecember 6, 2017

When Jia Xinru needed to borrow money to buy new clothes, order food and buy a projector to screen Breaking Bad on her wall, she had instant access to China's

Retail

China's tech giants reach global elite with gamers, shoppers

AFPNovember 27, 2017

Powered by Chinese smartphone users splurging billions on mobile games and online shopping, China's tech giants Tencent and Alibaba are racing up the elite

Retail

That's (retail) entertainment - the rise of China's Singles Day

Simone PreussNovember 16, 2017

What started as a modest marketing event with just 27 participating merchants, has become one of the world's biggest sales events in just nine years. This is

Business

JD.com raises 19.14 billion US dollars during its Singles' Day sale

Vivian HendrikszNovember 13, 2017

London - Chinese e-commerce giant JD.com gave Alibaba a run for its money during Singles' Day, otherwise known as 11.11, the online shopping sales day. JD.com

Retail

Singles Day breaks all records - again

Simone PreussNovember 13, 2017

Happy faces at Chinese online giant Alibaba: the inventor of Singles Day as a commercial event (now officially called “Global Shopping Festival“) announce

Business

$45 billion in sales: China’s e-commerce giants set a new record for Single’s Day

Angela Gonzalez-RodriguezNovember 13, 2017

While veterans were recognized in the U.S. and those fallen in the Second World War were to be remembered in Europe, in China, this November,11 was to celebra

Retail

11.11 to bring in 24 billion dollars, leaving Black Friday in the dust

Vivian HendrikszNovember 10, 2017

London - 11.11, others known as Singles' Day, is set to leave Black Friday, Cyber Monday and even Amazon's Prime Day eating its dust, as becomes the leading

Business

In China's e-commerce boom, it takes a village

AFPNovember 9, 2017

Workers wielding screeching hand-held wood sanders toil overtime in Cheng Huaibao's bunk bed factory, rushing to prepare for the wave of orders about to b

Business

Alibaba says profit up 132 percent in 'outstanding' quarter

AFPNovember 2, 2017

Chinese e-commerce giant Alibaba said on Thursday that its net profit soared 132 percent in an "outstanding" latest quarter, prompting it to raise its project

Retail

Is facial recognition the stuff of sci-fi? Not in China

AFPOctober 18, 2017

From toilet-paper dispensers to fast-food restaurants, travel, beauty and crime-fighting, China is taking the lead in rolling out facial-recognition technol

Business

Hiring not part of Alibaba pledge to create US jobs

AFPOctober 18, 2017

Alibaba executive vice chairman Joseph Tsai said Tuesday he expects to boost US jobs by expanding the Chinese firm's e-commerce platform -- not by hiring A

Business

Alibaba's Jack Ma is China's 3rd richest man

AFPOctober 12, 2017

Shanghai - The net worth of China's ultra-rich surged this year with Evergrande real estate mogul Xu Jiayin's 43 billion USD fortune catapulting him to the

Retail

JD.com launches new luxury e-commerce platform 'Toplife'

Vivian HendrikszOctober 10, 2017

London - Chinese online giant, JD.com, has launched a new, luxury e-commerce platform 'Toplife' which aims to rival Alibaba's Luxury Pavilion. JD.com ne

Business

Global firms join rush to bet on Indonesia as next start-up frontier

AFPOctober 8, 2017

Big-name investors including Expedia and Alibaba are pumping billions of dollars into Indonesian tech start-ups in a bid to capitalise on the country's burg

Retail

Alibaba plans to open its own mall

Simone PreussSeptember 7, 2017

Chinese online giant Alibaba is planning its own brick-and-mortar shopping mall, which is currently being built in Hangzhou in eastern Chinas, also the locati

Business

China opens its first 'cyber court'

AFPAugust 18, 2017

China's first "cyber court" was launched on Friday to settle online disputes, as the legal system attempts to keep up with the explosion of mobile payment

Business

Alibaba profit nearly doubles on robust revenues

AFPAugust 17, 2017

Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of solid revenue growth in its core shopping b

Retail

Kering and Alibaba partnering to combat counterfeiting

Danielle Wightman-StoneAugust 7, 2017

Luxury conglomerate Kering, parent company to brands including Gucci and Yves Saint Laurent, is partnering with Chinese e-commerce giant Alibaba to combat the

Business

China's Alibaba boosts stake in SE Asia online sales

AFPJune 28, 2017

Chinese e-commerce giant Alibaba said Wednesday it would inject another 1 billion USD into Southeast Asia's Lazada, as the cashed-up company increases its s

Business

Alibaba revenues jump 54 percent in December quarter

Prachi SinghJanuary 25, 2017

Alibaba Group Holding’s revenue for the quarter ended December 31, 2016 was 53,248 million Chinese yuan (7,669 million dollars), an increase of 54 percent c

Business

China's Alibaba quarterly revenues surge to 7.7 billion dollars

AFPJanuary 24, 2017

Chinese e-commerce giant Alibaba said Tuesday i ts revenues leapt 54 percent year-on-year for the quarter ended in December, spurred by rapid growt

Business

Alibaba expands in Australia and New Zealand

Simone PreussJuly 20, 2016

Afterfighting against counterfeit products, Chinese internet giant Alibaba seems to focus on its worldwide expansion plans again, which are currently zeroing

Retail

Alibaba launches new anti-counterfeit platform

Danielle Wightman-StoneJuly 4, 2016

Chinese e-commerce giant Alibaba has announced that it is to launch a new online platform designed for intellectual property related communications between br

Retail

US opens up skies for commercial drone operators

AFPJune 22, 2016

The Federal Aviation Administration unveiled long-awaited new rules Tuesday that clear the way for small, commercial drones to operate across US airspace --

Fashion

Alibaba'a Jack Ma underfire over counterfeit comments

AFPJune 16, 2016

French manufacturers on Thursday decried as "slanderous" comments by e-commerce giant Alibaba founder Jack Ma that Chinese knock-offs are better quality tha

Business

Alibaba's Jack Ma cancels speech at IACC conference

Vivian HendrikszMay 18, 2016

UPDATE London - Jack Ma, the founder and executive chairman of Chinese e-commerce giant Alibaba has cancelled an upcoming speech at the International Anti-Cou

Business

Gucci exits anti counterfeiting group IACC after Alibaba joins

Vivian HendrikszMay 11, 2016

London - Luxury Italian fashion house Gucci has left the International Anti-Counterfeiting Coalition (IACC), a Washington DC based group after it open its m

Business

China e-commerce giant Alibaba's quarterly revenue leaps 39 percent

AFPMay 6, 2016

Chinese e-commerce giant Alibaba's revenue surged 39 percent year-on-year in the first three months of 2016, it said Thursday, its fastest growth in the las

Retail

Alibaba becomes the world's largest retailer

Danielle Wightman-StoneApril 12, 2016

Chinese e-commerce giant Alibaba Group has officially become the world’s largest retailer, surpassing Wal-Mart, after it confirmed that its retail marketpla

Business

Alibaba receives 3 billion dollar loan

Kristopher FraserMarch 10, 2016

Alibaba Group Holding Limited announced today that they have signed a 3 billion dollar deal syndicated loan agreement with eight lead arrangers for five yea

Business

Beijing beats New York as world billionaire capital

AFPFebruary 25, 2016

Beijing has surpassed New York City to become the "billionaire capital of the world" with 100 resident billionaires to the US business and cultural capital'

Business

Alibaba reports 32 percent revenue rise in December quarter

Prachi SinghJanuary 28, 2016

REPORTAlibaba Group Holding said that for the quarter ended December 31, 2015, it saw significant growth in core business user base and monetization. In the q

Business