Alibaba Group

Alibaba Boasts $56bn Sales As Post-Virus Singles' Day Gets Into Full Swing

China's Alibaba said orders on its e-commerce platforms during the Singles' Day shopping extravaganza had exceeded $56 billion (€47.6 billio...

Alibaba Beats Quarterly Sales Estimates On E-Commerce Strength

China's Alibaba Group Holding Ltd beat estimates for quarterly revenue on Thursday, as its core e-commerce business continued to grow following China's eme...

Alibaba To Kick Off China's First Post-Pandemic 'Singles Day' Early

China's Alibaba Group Holding Ltd will kick off its mega-shopping extravaganza "Singles Day" early this year, a move that will likely see a big j...

China's Alibaba Beats Quarterly Revenue, Profit Estimates

China's Alibaba Group Holding Ltd beat quarterly revenue and profit estimates on Thursday as its core commerce and cloud computing businesses benefited fro...

Aldi, Lidl, Tesco Among Top 30 In Brandz Retail Rankings 2020

European grocery retailers Aldi, Lidl and Tesco have ranked among the top 30 in this year’s edition of Brandz Top 75 Most Valuable Global Retail Bran...

Alibaba's Alipay To Open App To More Services To Take On Meituan

Ant Financial, an affiliate of Chinese e-commerce giant Alibaba, will start allowing third-party vendors to offer services such as food delivery and hotel...

Alibaba's AliExpress Warns Of Possible Coronavirus Delays

AliExpress, the global e-commerce platform of Chinese online shopping giant Alibaba, warned customers that there may be some delivery delays due to the cor...

Consumer Spending On FMCG Grows 6.4% In China: Kantar

Consumer spending on FMCG in China saw a 6.4% growth in value in the 12 weeks ended 9 August 2019, according to the latest data from Kantar. It was main...