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100 Articles About alibaba

businessNews reuters.com

Alibaba, Tencent rally troops amid $10 billion retail battle

SHANGHAI (Reuters) - China's tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd , worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers' digital wallets.

companyNews reuters.com

BRIEF-Unicredit Enters Into Collaboration With Alibaba.com

* SAYS HAS ENTERED INTO A COLLABORATION TO SUPPORT ITALIAN EXPORTERS WITH ALIBABA.COM Source text for Eikon: Further company coverage: (Gdynia Newsroom)

businessNews reuters.com

Alibaba signs deal to offer Disney shows on video platforms

SINGAPORE (Reuters) - Alibaba Group Holding Ltd's entertainment arm has signed a licensing agreement with Walt Disney Co in a deal that will provide the Chinese group's Youku video streaming platform with the largest Disney animation collection in China.

companyNews reuters.com

Alibaba broadens offline reach with $865 mln Easyhome stake

BEIJING, Feb 11 (Reuters) - Alibaba Group Holding will pay about 5.45 billion yuan ($866 million) for a 15 percent stake in China's Easyhome, a home improvement chain, as the internet giant expands its investments in offline and retail businesses.

technologyNews reuters.com

Alibaba kicks off sponsor deal in Pyeongchang

PYEONGCHANG (Reuters) - Alibaba Group Holding Ltd is launching a project that will create a "smarter" and more connected athletes' village and stadia and make all Olympics stakeholders "more money", its executives said on Saturday.

companyNews reuters.com

Olympics-Alibaba kicks off sponsor deal in Pyeongchang

PYEONGCHANG, Feb 10 (Reuters) - Alibaba Group Holding Ltd is launching a project that will create a "smarter" and more connected athletes' village and stadia and make all Olympics stakeholders "more money", its executives said on Saturday.

technologyNews reuters.com

Alibaba to take $486 mln stake in China retail data firm

SHANGHAI (Reuters) - China's biggest e-commerce company Alibaba Group Holding Ltd will invest $486 million for a stake in a domestic big- data firm focused on hotels and retail, as part of a push to deepen its offline presence.

companyNews reuters.com

BRIEF-Beijing Shiji Information Technology, Units in Strategic Agreement With Alibaba

Feb 8 (Reuters) - Beijing Shiji Information Technology Co Ltd:

technologyNews reuters.com

Chinese regulator raps internet firms over vulgar content

BEIJING/SHANGHAI (Reuters) - A Chinese content regulator has rapped major tech companies, including Alibaba Holding Ltd, Tencent Holdings Ltd and Baidu Inc, for not doing enough to root out "harmful information" published on their platforms.

technologyNews reuters.com

Apple brings Alibaba-linked payment system into China stores amid market push

BEIJING/SHANGHAI (Reuters) - Apple Inc will accept Chinese mobile payment app Alipay in its local stores, boosting its ties with giant e-commerce firm Alibaba Group Holding Ltd amid a push by the iPhone maker to revive growth in the world's No.2 economy.

companyNews reuters.com

Alibaba, another firm to jointly invest $1.24 bln in Wanda Film Holding

BEIJING, Feb 5 (Reuters) - China's Dalian Wanda Group said on Monday it will sell a combined 12.77 percent stake in Wanda Film Holding Co Ltd to Alibaba Group Holdings Ltd and Cultural Investment Holdings Ltd for a total of 7.8 billion yuan ($1.24 billion).

companyNews reuters.com

BRIEF-Wanda Group Says It Signs Strategic Investment Agreement With Alibaba, Cultural Investment

* SAYS IT SIGNS STRATEGIC INVESTMENT AGREEMENT WITH ALIBABA, CULTURAL INVESTMENT

technologyNews reuters.com

Alibaba deepens India push with BigBasket investment

MUMBAI (Reuters) - China's Alibaba became the biggest shareholder in India's leading online grocer BigBasket after a $300-million funding round, stepping up its rivalry with Amazon in the country.

companyNews reuters.com

CORRECTED-UPDATE 1-Alibaba backs Indian online grocer BigBasket in $300 mln fundraising

MUMBAI, Feb 2 (Reuters) - India's leading online grocer BigBasket has raised $300 million in a funding round led by China's Alibaba, giving it more firepower to compete with U.S. rival Amazon.

technologyNews reuters.com

Alibaba backs Indian online grocer BigBasket in $300 million fundraising

MUMBAI (Reuters) - India's leading online grocer BigBasket has raised $300 million in a funding round led by China's Alibaba , giving it more firepower to compete with U.S. rival Amazon .

healthNews reuters.com

AstraZeneca links with Alibaba and Tencent in China push

LONDON (Reuters) - AstraZeneca has clinched two new deals with Chinese tech giants Alibaba and Tencent as the British drugmaker steps up its drive to expand business in China.

E-Commerce nytimes.com

Alibaba’s Online Growth Surges, Even as It Looks Offline

The Chinese internet behemoth is investing in brick-and-mortar stores as it seeks to apply its tech smarts to the way customers shop in the real world.

technologyNews reuters.com

Alibaba beats forecasts again, takes stake in affiliate Ant

SHANGHAI (Reuters) - Alibaba Group Holding Ltd , China's biggest e-commerce company, said on Thursday its third-quarter revenue jumped 56 percent, beating expectations as it shrugged off concerns about a wider market slowdown.

companyNews reuters.com

UPDATE 2-Alibaba beats forecasts again, takes stake in affiliate Ant

* Raises revenue outlook for 2018 to 55-56 pct growth (Adds details on 2018 guidance, CEO statement, analyst comment)

companyNews reuters.com

Info Edge India to sell stake in food delivery firm Zomato to Alibaba's Ant

Feb 1 (Reuters) - Info Edge India Ltd said it will sell a stake in food delivery firm Zomato Media Pvt Ltd to Ant Financial, Alibaba Group Holding's payment affiliate, for $50 million.

technologyNews reuters.com

Tencent-led group to invest $1.6 billion in menswear firm Heilan: sources

HONG KONG (Reuters) - Tencent Holdings Ltd is leading a deal to invest 10 billion yuan ($1.59 billion) in Chinese menswear group Heilan Home Co Ltd, upping a retail rivalry with fellow internet giant Alibaba Group Holding Ltd, sources with knowledge of the matter said.

technologyNews reuters.com

Alibaba-backed online lender MYbank owes cost-savings to home-made tech

HANGZHOU, China (Reuters) - It has no physical branches or expensive foreign software, and uses cloud technology to cut back on the hardware it needs to serve borrowers.

businessNews reuters.com

Silver (haired) lining? Alibaba lures older shoppers as market slows

BEIJING (Reuters) - Online shopping may not be the typical domain of the elderly, but when it comes to buying groceries with a smartphone, Xiang Jiang, 70, considers herself rather savvy.

sportsNews reuters.com

Alibaba looks to modernize Olympics starting in Pyeongchang

SAN FRANCISCO (Reuters) - Alibaba Group Holding Ltd, one of the few Olympics sponsors signed up until 2028, said it wants to upgrade the technology that keeps the Games running and will study the Pyeongchang Games to help find ways to save future host countries money.

companyNews reuters.com

UPDATE 2-JD.com plans to make U.S. foray this year - Bloomberg

Jan 25 (Reuters) - China's JD.com Inc is preparing to enter the United States by the end of this year in a move that will challenge its Chinese rival Alibaba Group Holding Ltd and U.S.-based Amazon.com Inc, Bloomberg News reported on Thursday.

companyNews reuters.com

BRIEF-Mirriad Advertising Renews Contract With Alibaba-owned Youku

* MIRRIAD ADVERTISING PLC - HAS RENEWED ITS CONTRACT WITH ALIBABA-OWNED YOUKU Source text for Eikon: Further company coverage:

companyNews reuters.com

UPDATE 1-JD.com plans to make U.S. foray this year - Bloomberg

Jan 25 (Reuters) - China's JD.com Inc is preparing to enter the United States by the end of this year in a move that will challenge its Chinese rival Alibaba Group Holding Ltd and U.S.-based Amazon.com Inc, Bloomberg News reported on Thursday.

companyNews reuters.com

JD.com plans to make U.S. foray this year - Bloomberg

Jan 25 (Reuters) - China's JD.com Inc is preparing to enter the United States by the end of this year, Bloomberg News reported on Thursday, in a move that will challenge its Chinese rival Alibaba Group Holding Ltd and U.S.-based Amazon Inc.

companyNews reuters.com

UPDATE 1-Alibaba, U.S. grocer Kroger had early business development talks-source

SAN FRANCISCO, Jan 24 (Reuters) - Chinese e-commerce and technology company Alibaba Group Holding Ltd and U.S. grocer Kroger Co have had early discussions on working together, including a meeting in which U.S. executives traveled to China, a source familiar with the matter said.

businessNews reuters.com

Alibaba, U.S. grocer Kroger had early business development talks: source

(Reuters) - Chinese e-commerce and technology company Alibaba Group Holding Ltd and U.S. grocer Kroger Co have had early discussions on working together, including a meeting in which U.S. executives traveled to China, a source familiar with the matter said.

companyNews reuters.com

Alibaba, U.S. grocer Kroger had early business development talks-source

Jan 24 (Reuters) - Chinese e-commerce and technology company Alibaba Group Holding Ltd and U.S. grocer Kroger Co have had early discussions on working together, including a meeting in which U.S. executives traveled to China, a source familiar with the matter said.

companyNews reuters.com

BRIEF-Alibaba Pictures Group Says Shanghai TPP Enters Advertising Services Framework Agreements

* SHANGHAI TPP ENTERS ADVERTISING SERVICES FRAMEWORK AGREEMENTS WITH UNITS OF ALIBABA GROUP HOLDING LTD Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

technologyNews reuters.com

JD.com widens Southeast Asia presence by investing in Vietnam's Tiki.vn

BEIJING (Reuters) - Chinese online retailer JD.com Inc has made an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid growing competition in the region from Alibaba Group Holding Ltd and Amazon.com Inc.

technologyNews reuters.com

JD.com, VNG Corp lead investment in Vietnamese e-commerce firm Tiki.vn

BEIJING (Reuters) - Chinese online retail firm JD.com Inc said on Tuesday it has led an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid competition from Alibaba Group Holding Ltd and Amazon.com Inc.

businessNews reuters.com

Alibaba's Taobao again on U.S. blacklist list for fakes

(Reuters) - The U.S. Trade Representative put Alibaba's Taobao on its blacklist for the second year in a row over suspected counterfeits sold on the shopping platform, a move the Chinese e-commerce giant said did not reflect its IP-protection efforts.

companyNews reuters.com

China's cyber watchdog scolds Ant Financial over user privacy breach

SHANGHAI, Jan 11 (Reuters) - China's cyber watchdog has scolded Ant Financial, Alibaba's payment affiliate, for compromising user privacy after many users of its Alipay service were automatically enrolled in its credit scoring system.

companyNews reuters.com

Human-run hedge funds emerge as 2017 victor against machines

LONDON, Jan 10 (Reuters) - Alibaba, Tencent and AAC Technologies helped Hong Kong-based Oceanwide Asset Management make gains of 43 percent last year in its China equities hedge fund.

businessNews reuters.com

Alibaba will 'seriously consider' Hong Kong listing, says founder Ma

SHANGHAI/HONG KONG (Reuters) - Alibaba Group Holding Ltd will "seriously consider" listing in Hong Kong, founder Jack Ma said, potentially providing a powerful boost to the financial hub which is preparing to allow dual-class share listings.

companyNews reuters.com

UPDATE 2-Alibaba will "seriously consider" Hong Kong listing, says founder Ma

* HK recently decided to push ahead with dual-class share listings

businessNews reuters.com

Alibaba founder Ma says will 'seriously consider' Hong Kong listing

SHANGHAI/HONG KONG (Reuters) - Alibaba Group Holding Ltd will "seriously consider" listing in Hong Kong, founder Jack Ma said, marking a potential boon for the financial hub which recently decided to move towards allowing dual-class share listings.

companyNews reuters.com

UPDATE 1-Alibaba founder Ma says will "seriously consider" Hong Kong listing

* HK recently decided to push ahead with dual-class share listings

businessNews reuters.com

Alibaba founder says will "seriously consider" HK listing

SHANGHAI (Reuters) - Alibaba Group Holding Ltd will "seriously consider" listing in Hong Kong, founder Jack Ma said, in response to an invitation from the financial hub's leader asking the company to consider doing so.

businessNews reuters.com

Alibaba founder says to consider Hong Kong listing: SCMP

HONG KONG (Reuters) - Alibaba Group Holding Ltd will consider a listing in Hong Kong, the South China Morning Post reported the company's founder Jack Ma as saying - remarks which follow the city's decision to allow dual class share listings.

companyNews reuters.com

Alibaba founder says to consider Hong Kong listing -SCMP

HONG KONG, Jan 9 (Reuters) - Alibaba Group Holding Ltd will consider a listing in Hong Kong, the South China Morning Post reported the company's founder Jack Ma as saying - remarks which follow the city's decision to allow dual class share listings.

businessNews reuters.com

Saint Laurent ventures online in China as luxury portals take off

PARIS (Reuters) - French fashion label Saint Laurent, part of Kering , will start selling online in China through a JD.com portal, joining shopping players like Alibaba in trying to tap strong luxury goods demand from Chinese consumers.

Politics and Government nytimes.com

Internet Users in China Expect to Be Tracked. Now, They Want Privacy.

Chinese are demanding better protections even as the government and tech giants like Alibaba and Tencent gather ever more data.

businessNews reuters.com

Ant Financial scraps deal to buy MoneyGram

(Reuters) - MoneyGram International Inc and Alibaba Group Holding Ltd's Ant Financial Services Group said on Tuesday they have agreed to terminate their amended merger agreement, due to regulatory hurdles.

companyNews reuters.com

BRIEF-Shanghai AtHub To Work With Alibaba On Data Centre Project, Board Elects Chairwoman

* SAYS IT PLANS TO INVEST 880 MILLION YUAN ($134.26 million) IN THE PROJECT Source text in Chinese: http://bit.ly/2CcLvSl; http://bit.ly/2CfpEfe Further company coverage: ($1 = 6.5545 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

companyNews reuters.com

BRIEF-Hunan Dakang International's Unit To Bring In Alibaba, Shanghai Firm As Strategic Investors

Dec 21 (Reuters) - Hunan Dakang International Food & Agriculture Co Ltd:

companyNews reuters.com

BRIEF-Hunan Dakang Int'l Food & Agriculture Plans Strategic Agreement With Alibaba And Yunfeng Xincheng Fund

Dec 20 (Reuters) - Hunan Dakang International Food & Agriculture Co Ltd:

technologyNews reuters.com

China's Tencent, JD.com invest $863 million in online retailer Vipshop

BEIJING (Reuters) - Chinese internet giant Tencent Holdings Ltd said on Monday it would lead an $863 million investment in apparel platform Vipshop Holdings Ltd , upping its rivalry in retail with Alibaba Group Holding Ltd .

companyNews reuters.com

BRIEF-H&M and Alibaba extend collaboration, H&M opens on Tmall

* H&M SAYS ‍H&M OPENS ON TMALL, WORLD'S LARGEST E-COMMERCE PLATFORM, DURING SPRING 2018​

technologyNews reuters.com

Sberbank CFO says previous talks with Alibaba finished

LONDON (Reuters) - Russian lender Sberbank's talks with Chinese e-commerce giant Alibaba have finished in their current form, the bank's Chief Financial Officer Alexander Morozov said on Thursday.

companyNews reuters.com

BRIEF-Sberbank CFO says previous talks with Alibaba finished, now talking with everyone

* LONDON: RUSSIA'S SBERBANK CFO SAYS TALKS WITH ALIBABA HAVE FINISHED IN THE PREVIOUS FORMAT, YANDEX DEAL SIGNED

companyNews reuters.com

BRIEF-Suning Commerce sells 5.5 mln shares in Alibaba, expects net income of 3.25 bln yuan

* SAYS IT EXPECTS NET INCOME OF 3.25 BILLION YUAN ($491.16 million) AFTER SELLING 5.5 MILLION SHARES IN ALIBABA GROUP HOLDING Source text in Chinese: http://bit.ly/2B32uI0 Further company coverage: ($1 = 6.6170 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

companyNews reuters.com

UPDATE 1-China imposes record fine on Guangfa Bank over guarantees for defaulted bonds

BEIJING, Dec 8 (Reuters) - China's banking regulator has confiscated illegal income and imposed fines on China Guangfa Bank Co totalling 722 million yuan ($109 million) for providing illegal guarantees for defaulted corporate bonds sold through an Alibaba-backed online finance platform, it said on Friday.

businessNews reuters.com

Alibaba redraws retail fault lines with bricks-and-mortar push

HANGZHOU, China (Reuters) - In a small village shop near the eastern Chinese city of Hangzhou, store owner Lu Qiwei uses his smartphone to place orders to refill stocks of instant noodles, rice and drinks.

businessNews reuters.com

Exclusive: Ford set for China tie-up with Alibaba to test online, direct auto sales - source

BEIJING (Reuters) - Ford Motor Co is expected to sign as early as Thursday a deal with Alibaba Group Holding Ltd which may allow the U.S. automaker to test selling cars to consumers in China through Alibaba's online retail arm Tmall, as well as via a new “auto vending machine” store concept, according to a Ford source familiar with the matter.

technologyNews reuters.com

Amazon launches subscription-based Prime service in Singapore

SINGAPORE (Reuters) - Amazon.com Inc on Wednesday launched its subscription-based Prime service in Singapore that provides access to fast shipping, streaming and gaming, intensifying competition with incumbent rival Alibaba-backed Lazada in Southeast Asia.

companyNews reuters.com

UPDATE 1-Russian state fund RDIF plans to invest in Yandex taxi business

MOSCOW, Dec 5 (Reuters) - The Russian Direct Investment Fund (RDIF) plans to invest in Yandex's ride-sharing unit Yandex.Taxi and will partner with China's Alibaba in investing in other internet projects in Russia, the state fund's CEO said on Tuesday.

technologyNews reuters.com

Alibaba must face renewed lawsuit over IPO: U.S. appeals court

NEW YORK (Reuters) - A U.S. appeals court on Tuesday revived a lawsuit accusing Alibaba Group Holding Ltd of defrauding shareholders by concealing a regulatory warning about counterfeiters that the Chinese online retailer had received shortly before going public.

companyNews reuters.com

BRIEF-Alibaba In Discussions To Invest About 1.5 Bln Yuan In SenseTime- Bloomberg,Citing Sources

* ALIBABA IN DISCUSSIONS TO INVEST ABOUT 1.5 BILLION YUAN, AND BECOME LARGEST BACKER OF FACIAL RECOGNITION STARTUP SENSETIME- BLOOMBERG,CITING SOURCES Source https://bloom.bg/2kbgFEC

companyNews reuters.com

UPDATE 4-Alibaba's jumbo bond deal sets sector benchmark in Asia

* Maturities ranging from 5.5 years to 40 years (Recasts with sector context, trade prices, company fundamentals)

companyNews reuters.com

BRIEF-Alibaba Group Announces Pricing Of Offering Of Us$7.0 Billion Of Senior Unsecured Notes

* ALIBABA GROUP ANNOUNCES PRICING OF OFFERING OF US$7.0 BILLION OF SENIOR UNSECURED NOTES

companyNews reuters.com

UPDATE 1-Alibaba issues price guidance for 5-tranche, benchmark dollar bond - term sheet

HONG KONG, Nov 29 (Reuters) - Chinese internet giant Alibaba Group Holding Ltd on Wednesday issued pricing guidance for a multi-tranche benchmark dollar bond, which is expected to price during New York hours, according to a term sheet seen by Reuters.

companyNews reuters.com

Alibaba markets five-tranche US dollar bonds

SINGAPORE, Nov 29 (IFR) - Alibaba Group Holding, rated A1/A+/A+, is marketing five tranches of US dollar bonds in its second such offering.

companyNews reuters.com

Alibaba issues price guidance for 5-tranche, benchmark sized dollar bond issue - term sheet

HONG KONG, Nov 29 (Reuters) - Internet giant Alibaba Group Holding Ltd is making a five tranche dollar bond offering in a benchmark-sized issue expected to price later on Wednesday during New York trading hours, according to a term sheet seen by Reuters.

companyNews reuters.com

BRIEF-Alibaba Group Announces Proposed Offering Of Senior Unsecured Notes

* ALIBABA GROUP ANNOUNCES PROPOSED OFFERING OF SENIOR UNSECURED NOTES

technologyNews reuters.com

Alibaba affiliate Ant Financial bans high-interest loan products

HONG KONG (Reuters) - Alibaba Group Holding Ltd affiliate Ant Financial has banned consumer loans with annual interest rates above 24 percent from its Alipay platform, a move which comes as China's government increases scrutiny of lightly regulated online lending.

companyNews reuters.com

BRIEF-‍Alibaba Cloud becomes presenting partner of FIFA Club World Cup until 2022​

* ‍Alibaba Cloud becomes presenting partner of FIFA Club World Cup until 2022​ Source text for Eikon: Further company coverage:

businessNews reuters.com

Auchan/Alibaba deal turns up the heat on Carrefour in China

PARIS (Reuters) - A partnership between French retailer Auchan [AUCH.UL] and internet giant Alibaba risks pushing Carrefour further behind in China and could persuade its new boss to sell out of the country.

companyNews reuters.com

Auchan/Alibaba deal turns up heat on Carrefour in China

PARIS, Nov 21 (Reuters) - A partnership between French retailer Auchan and internet giant Alibaba risks pushing Carrefour further behind in China and could persuade its new boss to sell out of the country.

businessNews reuters.com

Alibaba goes offline with $2.9 billion stake in China's top grocer

(This story corrects title of Weiwen Han in paragraph 9 from analyst to managing partner for Greater China.)

companyNews reuters.com

REFILE-UPDATE 2-Alibaba goes offline with $2.9 bln stake in China's top grocer

* Says part of a wider effort to integrate data and physical stores

companyNews reuters.com

UPDATE 2-Alibaba goes offline with $2.9 bln stake in China's top grocer

* Says part of a wider effort to integrate data and physical stores (Adds analyst quote, share price, context)

businessNews reuters.com

Alibaba to buy 36.2 percent Sun Art for $2.9 billion

HONG KONG (Reuters) - Internet giant Alibaba Group Holding Ltd said on Monday it would buy an aggregate direct and indirect stake of 36.16 percent in China's top hypermarket operator, Sun Art Retail Group Ltd , for a total HK$22.4 billion ($2.9 billion).

companyNews reuters.com

UPDATE 1-Alibaba to buy 36.2 pct Sun Art for $2.9 bln

HONG KONG, Nov 20 (Reuters) - Internet giant Alibaba Group Holding Ltd said on Monday it would buy an aggregate direct and indirect stake of 36.16 percent in China's top hypermarket operator, Sun Art Retail Group Ltd, for a total HK$22.4 billion ($2.9 billion).

companyNews reuters.com

Alibaba to buy 36.2 pct Sun Art for $2.9 bln

HONG KONG, Nov 20 (Reuters) - Internet giant Alibaba Group Holding Ltd said it would buy an aggregate direct and indirect stake of 36.16 percent stake in China's top hypermarket operator, Sun Art Retail Group Ltd, for a total HK$22.4 billion ($2.9 billion).

companyNews reuters.com

BRIEF-Alibaba Group, Auchan Retail and Ruentex form new retail strategic alliance​

* ‍ALIBABA GROUP, AUCHAN RETAIL AND RUENTEX FORM NEW RETAIL STRATEGIC ALLIANCE​

companyNews reuters.com

BRIEF-Enjoyor signs framework agreement with Alibaba Cloud

Nov 16 (Reuters) - Enjoyor Co Ltd * Says it signs framework agreement with Alibaba Cloud Source text in Chinese: http://bit.ly/2ALLXFg Further company coverage: (Reporting by Hong Kong newsroom)

companyNews reuters.com

S.Korea celebrity appears in Chinese ad in subtle sign of thawing diplomatic tension

* S.Korean actress promotes cosmetics on Alibaba's Taobao mall

businessNews reuters.com

China's JD.com, Alibaba rival, reports $19.1 billion in shopping event sales

BEIJING (Reuters) - JD.com, China's e-commerce behemoth, said on Sunday that sales for Singles' Day - and its run-up - reached 127.1 billion yuan ($19.14 billion), up 50 percent from a year ago.

technologyNews reuters.com

China shopping festival smashes record with $25 billion haul

SHANGHAI (Reuters) - Alibaba , the Chinese e-commerce giant, said on Saturday its Singles' Day sales extravaganza hit $25.4 billion, smashing its own record from last year and cementing it as the world's biggest shopping event.

technologyNews reuters.com

China shopping festival smashes record at halfway mark

SHANGHAI (Reuters) - Alibaba , the Chinese e-commerce giant, said its Singles' Day sales surged past last year's total just after midday Saturday, hitting a record $18 billion, pointing to a likely giant haul for the world's biggest shopping event.

technologyNews reuters.com

China's 24-hour online shopping binge nears $16 billion

SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba saw its Singles' Day sales hit $16 billion by mid-morning on Saturday after racing to a billion dollars in just two minutes after the world's biggest shopping spree opened at midnight.

businessNews reuters.com

China's 24-hour online shopping binge tops $1.5 billion in first three minutes

SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba said sales topped 10 billion yuan ($1.51 billion) in just over three minutes from the opening of Singles' Day, an annual online discount sales gala that has become the world's biggest shopping spree.

technologyNews reuters.com

Russian retailer M.Video in preliminary talks with Alibaba: spokesman

MOSCOW (Reuters) - Russia's largest electronics retailer M.Video is in preliminary talks with Chinese online retail giant Alibaba about possible cooperation, an M.Video spokesman said on Friday.

businessNews reuters.com

PayPal starts payment services in India

(Reuters) - Payment processor PayPal Holdings Inc on Wednesday launched domestic operations in India, a market already dominated by China's Alibaba-backed PayTM, the country's leading digital payments firm.

companyNews reuters.com

UPDATE 1-PayPal starts payment services in India

Nov 8 (Reuters) - Payment processor PayPal Holdings Inc on Wednesday launched domestic operations in India, a market already dominated by China's Alibaba-backed PayTM, the country's leading digital payments firm.

technologyNews reuters.com

Alibaba sales beat estimates on 'outstanding' quarter, raises forecast

BEIJING (Reuters) - Alibaba Group Holding Ltd hailed an "outstanding quarter" on Thursday and raised its outlook for the year after beating forecasts with a 61 percent revenue rise driven by strong growth in online sales.

companyNews reuters.com

UPDATE 3-Alibaba sales beat estimates on "outstanding" quarter, raises forecast

* Raises revenue forecast on Cainiao integration (Adds analyst comment, pre-market share move)

Alibaba Group Holding Ltd nytimes.com

Alibaba’s Earnings Jump as China’s Online Shopping Boom Continues

The e-commerce giant posted strong results for its most recent quarter but still faces challenges that include growing outside of its core business.

businessNews reuters.com

Alibaba delivers 'outstanding quarter' on e-commerce growth

BEIJING (Reuters) - Alibaba Group Holding Ltd hailed an "outstanding quarter" on Thursday as the Chinese firm beat forecasts with a 61 percent revenue rise driven by continuing e-commerce growth.

businessNews reuters.com

Alibaba revenue up 61 percent, beats estimates

(Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd said on Thursday its quarterly revenue climbed 61 percent, beating analysts' estimates, helped by growth in its core e-commerce business.

companyNews reuters.com

BRIEF-The9 Ltd signs exclusive publishing agreement with Alibaba Games

* The9 Limited signed exclusive publishing agreement with Alibaba Games for CrossFire brand new shooting mobile game in China​ Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Shiji Information Technology signs framework agreement with Alibaba Investment

Nov 2 (Reuters) - Beijing Shiji Information Technology Co Ltd

sportsNews reuters.com

Alibaba's Tsai in deal for stake in NBA's Brooklyn Nets

NEW YORK (Reuters) - Joseph Tsai, vice chairman of Chinese internet conglomerate Alibaba Group Holding Ltd , has struck a deal to buy a 49 percent stake in the Brooklyn Nets of the National Basketball Association, according to two sources familiar with the matter.

companyNews reuters.com

UPDATE 1-Alibaba's Tsai in deal for stake in NBA's Brooklyn Nets

NEW YORK, Oct 27 (Reuters) - Joseph Tsai, vice chairman of Chinese internet conglomerate Alibaba Group Holding Ltd , has struck a deal to buy a 49 percent stake in the Brooklyn Nets of the National Basketball Association, according to two sources familiar with the matter.

Basketball nytimes.com

Alibaba Co-Founder Joseph Tsai Said to Buy Brooklyn Nets Stake

Mr. Tsai has agreed in principle to buy a 49 percent stake in the team, people briefed on the matter said, valuing the franchise at $2.3 billion.

technologyNews reuters.com

Consumer goods firms harness online data to tap Southeast Asia e-commerce boom

SINGAPORE/BANGKOK (Reuters) - When diaper maker DSG International (Thailand) wants to know what its customers are thinking, it often turns to Lazada, an e-commerce firm majority-owned by Alibaba Group Holding .