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Business 14 Aug 2015 | 12:00 AM

Alibaba skids as revenue growth slowest in 3 years

BEIJING: Alibaba Group Holding Ltd's shares fell to a record low after China's biggest e-commerce company posted its slowest revenue growth in over three years as its strategy to shift more services to mobile devices hurt advertising sales.

Style 13 Jul 2015 | 1:08 PM

Hari Raya collection from Parkson is all about comfort and elegance

Parkson presents a comfortable collection for Hari Raya.

Business 08 May 2015 | 6:44 AM

Alibaba revenue beats estimates, CEO Lu to step down

Alibaba Group Holding Ltd's quarterly revenue rose 45 percent, beating analysts' expectations, as the Chinese e-commerce company reported a jump in gross merchandise volume.

Business 07 May 2015 | 11:10 PM

Alibaba appoints new CEO as it reports strong fourth quarter

SHANGHAI/HONG KONG: Alibaba Group Holding Ltd named a new chief executive on Thursday, as the Chinese ecommerce group’s blistering growth faces headwinds and less-lucrative mobile transactions surpassed those from personal computers for the first time.

Technology 15 Apr 2015 | 1:14 PM

Alibaba injects pharmacy business into HK-listed affiliate in US$2.5bil deal

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.

Business 30 Jan 2015 | 8:57 AM

Alibaba quarterly revenue disappoints, shares fall

BEIJING/SHANGHAI: Alibaba Group Holding Ltd's shares fell more than 10 percent early on Thursday, wiping more than US$25 billion of market value after third quarter revenue at the Chinese internet giant fell short of analysts' expectations.

TECH 11 Nov 2014 | 4:33 PM

Alibaba Singles' Day sales hit new record as surge past US$6bil

Alibaba Group Holding Ltd said more than US$6bil (RM20.07bil) of goods have been sold so far during its annual Singles' Day online shopping frenzy, as customers jumped on heavily discounted goods to send sales surging past 2013's record high.

Business 11 Nov 2014 | 3:22 PM

Alibaba Singles' Day sales hit new record, surging past US$6bil

HANGZHOU: Alibaba Group Holding Ltd said more than US$6bil of goods have been sold so far during its annual Singles' Day online shopping frenzy, as customers jumped on heavily discounted goods to send sales surging past 2013's record high.

Technology 11 Nov 2014 | 1:41 PM

Merchants' margins suffer for Alibaba's Singles' Day shopping bonanza

Fresh from pulling off the world's largest IPO, China's Alibaba is set to impress Wall Street with record sales on Singles' Day, the year's biggest online festival, but merchants complain that they bankroll the e-commerce giant's big day.

Business 05 Nov 2014 | 6:09 AM

Alibaba's results affirm growth but margins slide

BEIJING: Alibaba Group Holding Ltd's e-commerce and mobile businesses surged in the September quarter, far outpacing its rivals' and glossing over weakening margins and decelerating earnings growth.