Alibaba

Alibaba Nets Record $30 Billion in Singles' Day Haul, but Growth Rate Plunges

Reuters | Monday November 12, 2018

Singles' Day, also called "Double 11", is the world's biggest online sales event, outstripping the sales of U.S. shopping holidays Black Friday and Cyber Monday combined.

Alibaba Generates Whopping $31 Billion In 24-Hour Sale

Business | Indo-Asian News Service | Monday November 12, 2018

Los Angeles, Tokyo, Frankfurt, were among the global cities that saw orders being placed for goods ranging from diapers to mobiles.

Alibaba Makes Record $30 Billion During 24-Hour Online Sale

World News | Reuters | Monday November 12, 2018

Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.70 billion) in sales on Sunday during its 24-hour online retail frenzy Singles' Day, but the event's annual growth dropped to its slowest-ever rate.

Alibaba Singles' Day 2018 Kicks Off: Here Are the Best Deals You Can Buy From India

Harpreet Singh | Sunday November 11, 2018

Alibaba Singles' Day sales has kicked off and here are the best deals you can buy even if you are sitting in India.

In 5 Minutes Of Online Sale, Alibaba Rakes In $3 Billion

World News | Indo-Asian News Service | Sunday November 11, 2018

Chinese e-commerce giant Alibaba generated $3 billion in five minutes of its annual 24-hour online shopping sale on Sunday with Apple, Xiomi featuring among the top brands.

Alibaba Singles’ Day 2018: All You Need to Know and How to Shop From India

Harpreet Singh | Saturday November 10, 2018

Alibaba Singles’ Day is the world’s biggest one-day sale — here’s what you need to know about it and how to shop from India during Singles’ Day 2018.

Alibaba's Jack Ma Calls US-China Trade War "Most Stupid Thing"

World News | Reuters | Monday November 5, 2018

The U.S.-China trade war is the "most stupid thing in this world," Jack Ma, the chief of Asia's most valuable public company, Alibaba Group Holding Ltd, said on Monday.

Zomato Is Raising $210 Million From Alibaba’s Alipay Singapore

Jagmeet Singh | Monday October 15, 2018

A regulatory filing by Info Edge (India) has revealed the latest Alipay investment in Zomato.

Alibaba Cloud Launches Second Data Centre in India

Indo-Asian News Service | Saturday September 29, 2018

The new Alibaba data centre in India is located in Mumbai, and will offer product lines such as Elastic Computing, Storage, Database, Network, Application Services and Big Data Analytics.

Chinese Police Arrest 21 Over Customer Data Theft at Alibaba's Delivery Arm: Report

Reuters | Saturday September 22, 2018

Chinese police on Friday reportedly arrested 21 suspects in connection with the theft of customer information from Alibaba Group Holding's logistics affiliate Cainiao Network

Alibaba Unveils Robot That Will Serve In China's Hotels Soon

World News | Indo-Asian News Service | Friday September 21, 2018

China's e-tail giant Alibaba on Thursday unveiled a robot that will serve guests in the country's hotels soon.

Alibaba Developing Quantum Chips to Power Diverse Industries

Indo-Asian News Service | Thursday September 20, 2018

Alibaba also announced setting up a chip subsidiary for customising AI chips and embedded processors to support its cloud and IoT businesses.

Alibaba's Jack Ma Says 1 Million US Jobs Pledge Thwarted by US-China Trade Row

Agence France-Presse | Thursday September 20, 2018

Alibaba founder Jack Ma said his ambitious pledge to create one million jobs in the US had been scuppered by the trade row between Beijing and Washington.

Alibaba's Jack Ma Says Can't Meet Promise To Create 1 Million US Jobs

World News | Reuters | Thursday September 20, 2018

Alibaba Chairman Jack Ma said the company can no longer meet its promise to create 1 million jobs in the United States due to US-China trade tensions, Chinese news agency Xinhua reported on Wednesday.

Alibaba Boss Jack Ma's Prediction On US-China Trade War

World News | Lulu Yilun Chen, Bloomberg | Wednesday September 19, 2018

Alibaba Group Holding Ltd. co-founder Jack Ma cautioned China's business and political leaders to prepare for the trade war with the U.S. to last longer and have a bigger impact than most people think.