Alibaba

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Alibaba

(Alibaba Group Holding Limited, Hangzhou, China, www.alibaba.com) An Internet-based conglomerate that offers consumer and business e-commerce sites, online payments and auctions, a search engine for shopping, as well as cloud computing services. Founded by Jack Ma in 1999, Alibaba accounts for the bulk of China's online sales and parcel deliveries and half the online payments. It is one of the most visited sites on the Internet, and its USD $25 billion IPO on the New York Stock Exchange in September 2014 was the largest ever.
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com, the leading platforms for online wholesale trade of the Alibaba Group (NYSE:BABA), and UBM plc, one of the world's leading trade exhibition organisers, have today announced a strategic alliance to unite the online and offline trade buying experience initially in Asia.
TOKYO (CyHAN)- FIFA and Alibaba E-Auto, an "internet car" brand owned by Chinese e-commerce tycoon Alibaba Group, on Wednesday reached an eight-year presenting partnership of FIFA Club World Cup from this year's edition of the football club competition until 2022.
Alibaba Group Holding Limited announced that USD5 billion (approximately RMB31.
Dubai: China's Alibaba Group and Dubai's Meraas Holding have developed a mobile payment application that will one day be available across the Middle East.
ALIBABA Group and its finance arm Ant Financial Services Group are pumping fresh capital into Paytm, India's largest mobile wallet and e- commerce platform, in what is being termed a ' strategic' investment.
Alibaba Group Holding chairman Jack Ma and vice chairman Joseph Tsai are said to be planning to raise capital.
Aliyun, the cloud computing arm of the Alibaba Group (NYSE:BABA), announced on Wednesday that it plans to establish a new cloud data centre in Singapore.
NASDAQ: YHOO) said it has filed with the Securities and Exchange Commission in connection with its previously announced plan to spin off its remaining holdings in Alibaba Group Holding Limited into a newly formed independent, publicly traded, registered investment company.
The agreement was signed by Abdulwahab Al Halabi, group chief investment officer of Meraas, and Sicheng Yu, vice-president of the Alibaba Group, in the presence of Abdulla Al Habbai, group chairman of Meraas, and Jack Ma, founder and executive chairman of the Alibaba Group at the Alibaba campus in Hangzhou, China.
Alibaba Group Holding is set to invest $590 million for a minority stake in Meizu Technology Corporation, a leading smartphone manufacturer in China.
The report was the result of a meeting in July between regulators and Alibaba Group Ltd.
SAN FRANCISCO -- China's Alibaba Group is seeking to raise up to $24.