Alibaba

Alibaba Combines E-commerce Arms Amid Growing Competition

Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader.

Alibaba Misses Second-Quarter Revenue Estimates

Alibaba Group Holding missed analysts' estimates for quarterly sales, as lingering economic uncertainty sapped consumer spending in China and weighed on th...

What Is China’s Singles Day And How Is It Celebrated?

Black Friday? No. Cyber Monday? Nope. Prime Day? Absolutely not. The world's biggest shopping event happens in China each year - and it's called Singles Da...

Chinese Retailers Embrace GenAI To Boost Sales, Survey Finds

Chinese retailers are investing in AI to boost sales with more than half (52%) of the country's e-commerce platforms having used at least one generative AI...

Walmart's Exit Raises Questions About JD.com's Future

JD.com needs to convince investors of its relevance amid a stagnant Chinese e-commerce market, aggressive price war and now, the departure of Walmart.

Alibaba To Upgrade Hong Kong Listing In A Bid To Attract Chinese Investment

Shareholders of Chinese e-commerce giant Alibaba have approved a plan to upgrade its Hong Kong listing to primary status.

Walmart Selling JD.com Stake To Focus On Its Own China Operations

Walmart is seeking to raise up to $3.74 billion (€3.40 billion) by selling its stake in Chinese e-commerce firm JD.com, according to a term sheet seen...

China's Spending Slump Weighs As Alibaba Misses Estimates

Alibaba Group Holding missed market expectations for first-quarter revenue, as the company's domestic e-commerce sales came under pressure from cautious sp...