Alibaba

New era at Alibaba as Jack Ma rides into the sunset

Jack Ma steps aside as leader of the Alibaba Group, ending a spectacularly successful 20-year run during which the charismatic former English teacher's e-commerce company left a profound impact on China's economy.

March 4, 2021
March 4, 2021

It's official: Alibaba's Daraz finally enters the food delivery market of Bangladesh

Alibaba, the global e-commerce giant, officially enters the Bangladeshi food delivery scene through the acquisition of Hungry Naki in its locally invested venture, Daraz. The confirmation comes after both the parties entered negotiation in early December last year.

September 11, 2019
September 11, 2019

New era at Alibaba as Jack Ma rides into the sunset

Jack Ma steps aside as leader of the Alibaba Group, ending a spectacularly successful 20-year run during which the charismatic former English teacher's e-commerce company left a profound impact on China's economy.

January 25, 2019
January 25, 2019

Alibaba slams US treatment of Huawei

A senior Alibaba executive slams the United States’ treatment of China’s Huawei Technologies as “extremely unfair”, saying measures by the country to curb the firm’s access to their markets was “very politically motivated”.

September 9, 2018
September 9, 2018

Jack Ma, the ‘accidental entrepreneur’, to retire at 54

Alibaba's charismatic co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told the New York Times in an interview.

May 8, 2018
May 8, 2018

Alibaba buys e-commerce venture Daraz

Multinational e-commerce company Alibaba acquires Bangladesh’s one of the leading online commerce sites daraz.

January 15, 2018
January 15, 2018

Alibaba's AI outguns humans in reading test

Alibaba develops an artificial intelligence model that scores better than humans in a Stanford University reading and comprehension test.

June 6, 2016
June 6, 2016

China moves up ‘power woman’ list

Chinese women have made their strongest showing on Forbes magazine's list of the world's most powerful women.

November 11, 2015
November 11, 2015

Alibaba breaks Singles Day record

E-commerce giant Alibaba has broken its own record for sales on China's Singles Day, the world's biggest online shopping event.

March 19, 2015
March 19, 2015

Yahoo to shutter China office and cut "around 350" jobs

Internet giant Yahoo is closing its China office as part of a worldwide consolidation aimed at cutting costs

March 12, 2015
March 12, 2015

Alibaba ploughs $200 m into Snapchat in latest startup deal: source

Alibaba Group Holding Ltd (BABA.N) is investing $200 million in photo-messaging app Snapchat, a source familiar with the deal said, striking its latest Silicon Valley deal as the Chinese e-commerce company builds up mobile services.