Alibaba

Alibaba's Freshippo Seeks Funds At Much Lowered $6bn Valuation, Sources Say

Alibaba's supermarket chain Freshippo is seeking to raise funds at a valuation of about $6 billion (€5.99 billion), much lower than a hoped-for v...

Alibaba Beats Revenue Estimates, Cites 'Uncertainties' Ahead

Alibaba Group Holding beat expectations for fourth-quarter revenue, as growing demand for some of its niche online shopping services in China offset weakne...

JD.com Beats Revenue Estimates But CEO Cautious Over COVID Outbreaks

E-commerce group JD.com beat estimates for quarterly revenue as more people shopped on its platform following COVID lockdowns in China, but its CEO remains...

Alibaba Increases Share Buyback Size To Record $25bn

Alibaba has raised its share buyback programme to $25 billion (€22.76 billion), the largest ever repurchase plan by the e-commerce giant, to prop up i...

Alibaba Overhauls E-Commerce Businesses, Names New CFO

Alibaba Group Holding has said that it plans to reorganise its international and domestic e-commerce businesses and replace its CFO – changes that co...

Alibaba Warns Of Slowest Revenue Growth Since Debut

China's Alibaba Group Holding Ltd forecast annual revenue to grow at its slowest pace since its 2014 debut and its second-quarter results missed...

Alibaba's Toned-Down Singles' Day Enters Final Stretch

Alibaba said that nearly 400 brands, including Apple Inc and L'Oréal SA, raked in more than $15 million (€13.1 million) in sales each during it...

Alibaba Should Align Operations With Consumer Preferences, Says Analyst

Chinese e-commerce giant Alibaba Group should seek to align its operations better with constantly changing consumer preferences in order to maintain its do...