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Business

Alibaba Group seeking US listing in Q3

HONG KONG: China's e-commerce giant Alibaba Group Holding Ltd is planning a U.S. IPO in the third quarter of this year, people familiar with the matter told Reuters, in what is the expected to be a more than $15 billion deal.

Business

Alibaba Group plans to take Hong Kong unit private: sources

HONG KONG (Reuters) - Chinese e-commerce company Alibaba Group plans to take its Hong Kong-listed unit, Alibaba.com, private, two sources familiar with the matter told Reuters.

Business

Alibaba Group’s founder highlights importance of developing talents to sustain a company

KUALA LUMPUR: A sustainable company would have to be built on sound governance, culture-centric philosophy and consistency in developing talent as no company can rely solely on its founders, said founder and executive chairman of Alibaba Group Holding Ltd, Jack Ma.

TECH

Alibaba Group expands presence in Australia, New Zealand

Chinese online retailer Alibaba Group opened its Australian and New Zealand headquarters in Melbourne on Feb 4, its first expansion in the region as it seeks to tap growing global demand for products from the two countries.

TECH

Alibaba Group in talks to buy stake in India’s Paytm

Chinese e-commerce giant Alibaba Group Holding Ltd is in advanced talks to invest in Indian online payment platform and e-commerce firm Paytm, two sources with knowledge of the matter said.

Business

Alibaba Group launches Malaysia week campaign

HANGZHOU: Alibaba Group launched a ‘Malaysia Week' campaign today, an eCommerce milestone, under the Digital Free Trade Zone (DFTZ) initiative.

Nation

Alibaba Group founder: It’s an honour to help Malaysia develop digital economy

KUALA LUMPUR: Malaysians will see Jack Ma more often in the next few years as China’s e-commerce giant plans to fulfil his responsibilities as a “good” adviser to the Malaysian Government on digital economy.

Business

Malaysia's Khazanah to gain US$1bil from investment in China's Alibaba

PETALING JAYA: A little-known investment by Khazanah Nasional Bhd in Alibaba Group in 2012 has paid off.

Business

Prestariang, Alibaba and Conversant form IT tie-up

PUTRAJAYA: The collaboration between Alibaba Group’s cloud computing arm Alibaba Cloud, Prestariang Bhd and Singapore’s Conversant Solutions Pte Ltd marks Alibaba Cloud’s first venture into the education sector for the international market.

Business

Alibaba buys into little-known phone maker

BEIJING: China’s Alibaba Group Holding Ltd is taking a US$590mil stake in an obscure domestic smartphone maker as the e-commerce giant tests ways to expand its mobile operating system in a shrinking, cut-throat handset market.