small news and archive

China's Alibaba quarterly revenue surges 54 percent to 7.7 billion dollars

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 growth in Chinese online shopping. Revenue for the company, seen as a benchmark for China's increasingly crucial consumer sector, reached 53.25 billion yuan (7.7 billion dollars ) in the quarter, it said...

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Business

China's Alibaba quarterly revenues surge to 7.7 billion dollars

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 growth in Chinese online shopping. Revenue for the company, seen as a benchmark for China's increasingly crucial consumer sector, reached 53.25 billion yuan (7.7 billion dollars ) in the quarter, it said...

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Retail

Alibaba brings Black Friday to China via Tmall.com

London - Those who thought Black Friday’s shopping frenzy was only limited to the western hemisphere need to think again, as Alibaba Group is brining the US promotional phenomena to China through its online marketplace Tmall.com For the first time Tmall.com has partnered with several US retailers, including Macy’s, Costco and Target, to launch “...

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