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Singapore state funds bought US$1bil (RM4.15bil) of shares in Chinese e-commerce company Alibaba Group Holding Ltd as part of an US$8.9bil (RM37bil) sale by Japan's SoftBank Group Corp, Alibaba's biggest shareholder, the company said.
Chinese e-commerce giant Alibaba Group Holding Ltd said it's considering whether to launch an appeal against a Hong Kong regulator's finding that it breached takeover rules by buying an effective majority stake in a healthcare firm in 2014 without extending the offer to all of its shareholders.
Chinese e-commerce giant Alibaba Group Holding Ltd may have dominated online retail on personal computers, but is some way from replicating that leadership in shopping by smartphone and other mobile devices.
When Chinese e-commerce giant Alibaba Group Holding revealed plans earlier this year to go public on a US stock exchange, financial advisers like Bob Mecca in Hoffman Estate, Illinois braced themselves for a wave of frantic calls from retail investors wanting to get in on the action.
Alibaba Group Holding Ltd said it had a range of measures to fight counterfeits on its websites – remarks that come after a trade group requested US government help in prodding the Chinese e-commerce giant into action against fake goods.
China's e-commerce giant, Alibaba Group, has been fined 800,000 yuan (RM467,860) by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms.
A group of luxury goods makers sued Alibaba Group Holding Ltd, contending the Chinese online shopping giant had knowingly made it possible for counterfeiters to sell their products throughout the world.
A year since it went public in the biggest stock listing ever, Alibaba Group Holding Ltd has spent more than US$6bil (RM25.48bil) on everything from an electronics store chain to a robot maker.
Chinese e-commerce firm Alibaba Group Holding is injecting its online pharmacy operations into a Hong Kong-listed affiliate in a US$2.5bil (RM9.30bil) deal to consolidate its healthcare enterprise and ride a boom in online health-related business.
The cloud-computing arm of Chinese retail giant Alibaba Group Holding Ltd opened its first datacentres in the UK, with two sites operational in London.