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Chinese authorities have detained about half a dozen former employees of Tencent Holdings Ltd for alleged corruption and bribery, as well as a current Alibaba Group Holding Ltd executive, the two companies said.
Chinese e-commerce giant Alibaba Group Holdings Ltd will now allow small businesses in the United States to sell on Alibaba.com, the company said.
Alibaba Group Holding Ltd is in talks to make a major investment in Indonesia’s PT Tokopedia, people familiar with the matter said, potentially scoring a second deal to accelerate its expansion into South-East Asia’s largest economy.
Chinese tech giant Alibaba Group Holding Ltd has formed a strategic partnership with retail conglomerate Bailian Group, extending a push into bricks-and-mortar retail as online growth slows.
China's Alibaba Group Holding Ltd posted its best revenue growth since before the e-commerce titan's listing in late 2014, lifting its shares to their highest level in a year.
Chinese e-commerce titan Alibaba Group Holding Ltd has approached the publisher of Hong Kong's South China Morning Post newspaper to discuss buying its media assets, a source familiar with the matter said.
Alibaba Group Holding Ltd is launching a cloud computing hub in Silicon Valley, the e-commerce giant's first outside of China, underscoring its global ambitions in the face of stiff and entrenched competition.
Alibaba Group Holding is in talks with India's Micromax Informatics to buy an about 20% stake in the smartphone maker, helping the Chinese e-commerce giant expand in one of the world's fastest growing markets for the devices, several people with direct knowledge of the matter said.
"Tragedy" – that was Alibaba Group Holding Ltd founder Jack Ma's prediction for the fate of rival JD.com Inc in comments published earlier this year.
Alibaba Group Holding Ltd has invested US$120mil (RM384.82mil) in San Francisco-based mobile games studio Kabam, the latest in a string of US investments intended to build up the Chinese online retailer's presence in the world's biggest Internet arena.