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.
References in periodicals archive ?
Chris Tung, Chief Marketing Officer of Alibaba Group, said: AaAaAeA{AaAaAeA We delighted to see the partnership between Alibaba and Etihad rapidly taking shape with close cooperation on formulating innovative methods that will further enhance our awareness and influence in the global marketplace.
Etihad Aviation Group (EAG), Alibaba Group Holding Limited and Ant Financial Services Group (ANT Group) today signed a Memorandum of Understanding (MoU) to expand their partnership and deliver superior products and services to Chinese customers.
The Prime Minister said Alibaba Group's approach of helping out small business enterprisers had a humanistic dimension which was also the pivot of Pakistan government's policies since 2013.
Alibaba Group Holding Limited has signed a memorandum of understanding with Malaysia Digital Economy Corporation (MDEC), Malaysia's digital economy development agency, and the Hangzhou Municipal Government to connect the first e-hubs in the two countries under the Electronic World Trade Platform (eWTP), taking Alibaba Group's vision of facilitating global trade for SMEs around the world one step closer to reality, the company said.
On the sidelines of the E-Commerce Week, She met Chairman and Founder of Alibaba Group, Jack Ma, said a press release received here on Wednesday.
Alibaba Group Holding Limited (NYSE:BABA) has settled more than USD 7 billion (RMB 47.5 billion) of gross merchandise volume (GMV) through Alipay on Alibaba's China and international retail marketplaces within the first two hours of the 2016 11.11 Global Shopping Festival, the company said.
Shadow-banking activities at Alibaba Group are to be probed by the Chinese central bank, which said that firms in the nation would be given a level playing field to compete.
More recently, Alibaba Group announced that it will transfer its online pharmacy business to Alibaba Health Information Technology, a separate company that is listed in Hong Kong.
Hong Kong: A media firm Alibaba Group Holding recently bought said on Friday a review of its finances revealed possible accounting irregularities, casting doubts on the Chinese e-commerce giant's due diligence as it prepares for a US initial public offering.
(NASDAQ:YHOO) and Alibaba Group Holding Limited today announced they have entered into a definitive agreement for a staged and comprehensive value realization plan for Yahoo!'s stake in Alibaba.
Alibaba Group has reached an agreement with Yahoo and Softbank over Alipay, the payment platform behind China's largest e-commerce market, Taobao, the companies said.
(YHOO) said Thursday it was notified just two months ago that Alibaba Group had moved ownership of an online-payment unit to a separate entity in August last year without approval or knowledge of Alibaba's board or shareholders.