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  • April 17, 2014
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  1. Cash-rich Alibaba to increase its investments

    Posted May 08th 2009, 12:00am by Staff Reporter

    ... Mainland e-commerce giant Alibaba.com, supported by a 6.9 billion yuan (HK$7.84 billion) war chest and a fast-growing base of paying subscribers, will step up investments this year amid ... net profit as part of efforts to spend more on supporting its growing user base and on further improving its services through strategic acquisitions and technology innovation. Alibaba added ...

  2. Americans' turn to thrift a gift for Chinese traders

    Posted Jan 19th 2010, 12:00am by Staff Reporter

    ... A depressed economy is apparently prompting Americans to look to China for second-hand goods, according to internet trading giant Alibaba.com, which reports a surge in online searches for used goods from United States buyers. Hangzhou-based Alibaba.com, which operates the world's largest business-to-business e-commerce service, with more than 45 million registered users, ...

  3. Business - Companies - E-COMMERCE

    Alibaba, Sina cast envious eyes on Tencent's 'Hongbao'

    Posted Feb 06th 2014, 01:57pm by Doug Young

    ... success of WeChat's hongbao product, which lets users send gift money to their friends and relatives over the popular instant messaging platform. But at least one post from Alibaba smelled ... lucrative e-commerce business on WeChat. By comparison, the mobile arm of Alibaba's Alipay mobile service, known as Alipay Wallet, currently has about 10 million registered users. According ...

  4. Alibaba.com banks on expansion

    Posted Mar 24th 2009, 12:00am by Staff Reporter

    ... Alibaba.com, the world's leading business-to-business e-commerce company, is betting on an aggressive expansion plan and a dominant market share on the mainland to help it ride out the economic crisis. However, prospects for the company, part of Hangzhou-based Alibaba Group, are expected to get worse before they get better over the next 12 to 18 months, according to analysts. ...

  5. Alibaba hedges bets as growth engine falters

    Posted Sep 08th 2008, 12:00am by Sherman So

    ... As mainland exports, its biggest income source, are slowing, e-commerce provider Alibaba.com is branching out into other areas but analysts are not convinced the company can rely on them as earnings drivers. Alibaba is pinning its hopes on initiatives it has developed over the past years, such as a site targeting domestic markets, services helping overseas firms to tap mainland ...

  6. Business - China Business - E-COMMERCE

    E-tailers fight to dominate online-to-offline market

    Posted Apr 08th 2014, 10:46am by Celine Sun

    ... online-to-offline (O2O) market is heating up. Last month, Alibaba, the country's largest e-commerce firm, made its first bricks-and-mortar investment, paying HK$5.37 billion for 25 per cent ... to restaurants, cinemas, pharmacies and car dealers. "Over the past 15 years, Alibaba has been focusing on its online business. However, the relationship between the internet and consumers has ...

  7. Business - China Business - INTERNET

    Chinese giants lead the pack as industry cashes up

    Posted Dec 21st 2013, 02:52am by BLOOM

    ... Bloomberg in Hong Kong Mainland giants lead the pack as industry cashes up Chinese internet giants Alibaba, Baidu, and Tencent have spent a record US$7.4 billion on acquisitions this year, ... interest rates and soaring stock valuations has made convertible bonds an attractive funding option for Chinese internet companies. The offerings come as they compete for deals with Alibaba, Baidu ...

  8. What's On

    Posted Jun 17th 2008, 12:00am by Staff Reporter

    ... Today to June 20 CommunicAsia 2008 (Singapore Exhibition Services). Singapore Convention and Exhibition Centre. Tel: 65 6738 677; website: www.communicasia.com Tomorrow Right IT for SME (Microsoft/Hong Kong Chamber of Small and Medium Business). Park Lane Hotel. Tel: 2578 2726; website: www.hkcsmb.org.hk June 20 Second Asia-Pacific e-Business Champions of the Year Awards (Alibaba ...

  9. Business - Companies

    Alibaba plans stake buy in China’s most popular microblogging service

    Posted Nov 19th 2012, 11:23am by Reuters in Shanghai

    ... Reuters in Shanghai China’s largest e-commerce company Alibaba Group is planning to buy a stake in Sina Corp’s Weibo, the nation’s most popular microblogging service, China Business News reported on Monday. Alibaba declined to comment on the report. Sources in Alibaba told the official newspaper, which is owned by the Shanghai municipal government, that investment negotiations ...

  10. Business - China Business - E-COMMERCE

    Alibaba and Haier in online tie-up

    Posted Dec 10th 2013, 02:56am by Charlotte So

    ... Charlotte So charlotte.so@scmp.com E-commerce giant buys stake in Haier Electronics' logistics arm, in move seen as bid to exploit online shopping boom Alibaba and Haier in online tie-up Shares in Haier Electronics rose as much as 15 per cent yesterday after its Goodaymart logistics arm agreed to sell a strategic 10 per cent stake to mainland e-commerce giant Alibaba ...




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