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News Results

Jack Ma Is the Loneliest Billionaire in China
It’s been a rough 18 months for Chinese Internet tycoon Jack Ma, founder and chairman of the Alibaba Group, a sprawling conglomerate of Web companies. Early in 2011 a fraud scandal hit his business-to-business e-commerce site, Alibaba.com.
Alibaba Considers Payment Options for Taobao Users Abroad
Alibaba Group Holding Ltd., China’s biggest e-commerce company, is considering new ways to facilitate payments by overseas customers on its Taobao shopping site as cross-border transactions increase. Alibaba’s Alipay affiliate is “working ...
Alibaba del Sol wins Wathba Cup
Abu Dhabi: It took all of 15 races for Alibaba del Sol to score his first win as the French-bred Dutch runner won the fourth race in the Shaikh Mansour Bin Zayed Al Nahyan Global Arabian Flat Racing Festival’s Wathba Stud Farm Cup series being run at the ...
Gulf News
360buy to stoke competition with Alibaba
We will take advantage of it.” That would ramp up competition with Alibaba, the group that dominates China’s ecommerce market but is in the middle of a restructuring. 360buy, which has hired Bank of America Merrill Lynch, Goldman Sachs, JPMorgan and ...
Financial Times
China's CIC eyes up to $2 billion stake in Alibaba Group: sources
HONG KONG (Reuters) - Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it ...
Town Hall
Jack Ma’s Alibaba Group, Ltd. takes Alibaba.com
Alibaba.com, a leading business-to-business website of the Chinese Internet giant Alibaba Group, delisted from the Hong Kong Stock Exchange Wednesday. The withdrawal of the listing, signaling the privatization of the group’s only publicly traded ...
Live Trading News
Yahoo clears a hurdle, sells Alibaba stake for $7.1 bln
SHANGHAI/NEW YORK (Reuters) - Yahoo Inc will sell as much as half of its 40 percent stake in Chinese e-commerce powerhouse Alibaba Group for $7.1 billion, ending years of fractious talks over how to extract value from its most prized asset. Yahoo also ...
Alibaba turns to next page
A Taobao.com toy at the headquarters of Alibaba Group Holding Ltd, the parent company of Taobao, in Hangzhou. Nelson Ching / Bloomberg Alibaba Group Holding Ltd, the e-commerce giant, has fired the latest salvo across the bows of its main rivals ...
China Economic Net
Jack Ma will not be a lonely billionaire in China
He knows little about technology. He founded China Yellowpages in 1995. In 1999, he founded Alibaba.com, a China-based business-to-business marketplace site. Like the fable says that sesame opens the door for him in an unimaginable way. Just in two years ...
Alibaba Open to Temasek, CIC Investment to Buy Back Yahoo
Alibaba Group Holding Ltd. founder Jack Ma said China’s biggest e-commerce provider is prepared to sell a stake to sovereign wealth firms to fund its buyback of shares from Yahoo! Inc. (YHOO) (YHOO) Alibaba is open to investments from firms ...
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