Alibaba Group Holding

Alibaba Group Holding stock drops for 4 months now

Chinese e-Commerce major Alibaba Group Holding's stock (NYSE: BABA) continued to ease on Wall Street for the fourth consecutive month following the reduction in revenue forecast for the next quarter of the year. Alibaba shares fell 13 percent in September and this continuous skid since May brought down the market value to $75billion. The economy sluggishness is impacting the e-commerce sales. Of late, Alibaba Group is facing cut-throat competition in online sales. Analysts hold the view that lot of uncertainty in store for Alibaba Group in the days to come.

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Late to the party, global banks try to muscle into India's start-up boom

Global investment banks are scrambling to get a piece of the action from India's booming technology start-ups, having missed out on the initial flurry of deal-making to their better-connected but much smaller domestic rivals.

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Apple plans China iPhone trade-in program with Foxconn

Apple Inc plans to introduce a trade-in program for iPhones in China in association with the Foxconn Technology Group, Bloomberg reported, citing people familiar with the effort.

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Indonesia's Lippo continues e-commerce push with payment service

Indonesian conglomerate Lippo Group plans to launch payment, chat and other online services early next year as it continues expanding in the nascent e-commerce industry of the world's fourth-most populous country, a senior executive told Reuters.

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Alibaba taps Jeff Zhang to oversee consolidated retail division

Alibaba Group Holding Ltd appointed Jeff Zhang to oversee its main services on Monday, bringing Taobao, Tmall and Juhuasuan into a newly created "China Retail Marketplaces" division.

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Ford guns for China's app addicts, seeks WeChat tie-up

Ford Motor Co (F.N) wants Tencent Holdings Ltd (0700.HK) to tailor its popular chatting app for the firm's cars in China, as automakers in the world's largest market vie for drivers that care about high-tech features as much as engine size.

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Who's afraid of China's economy slowing? Not Alibaba's Jack Ma

Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn't worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland.

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Alibaba in major initiative to court China consumer for U.S. retailers

China's Alibaba Group Holding Ltd (BABA.N) plans a major move to win U.S. business this year, by offering American retailers new ways to sell to China's vast and growing middle class.

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Alibaba buys controlling stake in digital marketing firm AdChina

China's e-commerce giant Alibaba Group Holding Ltd said on Wednesday it had bought a controlling stake in online marketing company AdChina, an investment aimed at bolstering its advertising business.

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Alibaba, South Korea city in talks for $923 million joint investment: paper

China's Alibaba Group Holding Ltd is in talks with the South Korean city of Incheon for a 1 trillion won (about $923 million) joint investment on a new business complex, the Dong-A Ilbo daily reported on Monday.

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Alibaba spent $161 million fighting fakes since 2013

China's Alibaba Group Holding Ltd, the world's largest e-commerce company, spent over 1 billion yuan ($160.7 million) combating fake goods and for improving customer protection from the beginning of 2013 to the end of November, the firm said Tuesday.

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China's JD.com to sell Gap clothing, vying with Alibaba to woo Western brands

China's JD.com Inc (JD.O) has partnered Gap Inc (GPS.N) to sell the U.S. clothing retailer's apparel online in China, as the Beijing-based e-commerce company goes head to head with Alibaba Group Holding Ltd (BABA.N) to woo big foreign fashion names.

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Alibaba-backed China mobile app Momo says CEO to fight misconduct allegations

Chinese mobile chat app firm Momo Inc, backed by Alibaba Group Holding Ltd, said its CEO will fight allegations of misconduct and corruption made by his former employer, as it prepares to debut on Nasdaq.

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Alipay says mobile deals grow to over half of transactions in year to October

The share of mobile transactions on Alipay, the online payment platform affiliated with Alibaba Group Holding Ltd, jumped to 54 percent of all transactions in the first 10 months of the year from 22 percent during the whole of last year, the company said.

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Alibaba, Tencent chairmen invest in China's Ping An Insurance

The founders of Alibaba Group Holding Ltd (BABA.N) and Tencent Holdings Ltd (0700.HK) were among a consortium of investors who purchased stakes in Ping An Insurance Group Co of China Ltd (2318.HK) (601318.SS) in a HK$36.5 billion ($4.7 billion) deal on Sunday, in one of the largest Hong Kong share offerings of the year.

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