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Alibaba Group Holding Limited latest news:
BRIEF-Tiger Global Management Cuts Share Stake In Alibaba Group Holding, Comcast
* TIGER GLOBAL MANAGEMENT UPS SHARE STAKE IN AUTODESK INC BY
PERCENT TO 2.2 MILLION SHARES
Alibaba broadens offline reach with $865 mln Easyhome stake
BEIJING, Feb 11 (Reuters) - Alibaba Group Holding
will pay about 5.45 billion yuan ($866 million) for a 15 percent
stake in China's Easyhome, a home improvement chain, as the
internet giant expands its investments in offline and retail
Olympics-Alibaba kicks off sponsor deal in Pyeongchang
PYEONGCHANG, Feb 10 (Reuters) - Alibaba Group Holding Ltd is launching a project that will create a "smarter" and more connected athletes' village and stadia and make all Olympics stakeholders "more money", its executives said on Saturday.
Alibaba Leads Funding Round for Indian Grocer BigBasket
Alibaba(BABA) has invested $146 million in Indian online grocer BigBasket, multiple sources reported, citing an Indian regulatory filing from BigBasket. Alibaba (BABA) became the biggest shareholder in the $300 million funding round, subscribing to compulsorily convertible preference shares. Price: 189.12, Change: -3.10, Percent Change: -1.61. MT Newswires does not provide investment advice.
China's Alibaba invests $146 mln in Indian online grocer BigBasket
A unit of China's Alibaba (BABA) has invested $146 million in Indian online grocer BigBasket, strengthening its position in the country's online retail space and potentially posing a challenge to U.S. rival Amazon.com (AMZN) . Alibaba.com Singapore Ecommerce Pvt Ltd led the $196.7 million Series E funding round, which was approved by the BigBasket board in January, regulatory filings seen by Reuters on Frida...
Alibaba sales jump 56% after record Singles Day performance
Revenues for the final three months of 2017 hit $13.2bn at China's biggest e-commerce firm.
Alibaba beats forecasts again
Alibaba, China's biggest e-commerce company, said its third-quarter revenue jumped 56 percent, beating expectations as it shrugged off concerns about a wider market slowdown. Aleksandra Michalska reports.
Video provided by Reuters
Alibaba beats forecasts again, takes stake in affiliate Ant
* Q3 revenue beats analysts forecasts; earnings per share misses. * Alibaba (BABA) to exercise option for 33 pct stake in Ant. * Firm looking to payments, cloud as new drivers of growth. * Raises revenue outlook for 2018 to 55-56 pct growth. By Pei Li and Adam Jourdan.
UPDATE 3-Alibaba beats forecasts again, takes stake in affiliate Ant
* Q3 revenue beats analysts forecasts; earnings per share
Alibaba shares dip after 56% revenue increase, deal for stake in Ant Financial
Chinese e-commerce giant Alibaba has acquired a one-third stake in Ant Financial, an affiliate company that runs its Alipay online payment service.
Tencent-led group to invest $1.6 bln in menswear firm Heilan - sources
* JD.com (JD), Vipshop (VIPS) also among investors - source. * Consortium to acquire less than 10 pct for 5 bln yuan - source. * Deal extends Tencent's push into retail to compete with Alibaba (BABA). By Julie Zhu.
Alibaba-backed online lender MYbank owes cost-savings to home-made tech
It has no physical branches or expensive foreign software, and uses cloud technology to cut back on the hardware it needs to serve borrowers. MYbank, a Chinese online lender that is an offshoot of Alibaba Group Holding Ltd (BABA), has built its business on doing things cheaply.
Silver (haired) lining? Alibaba lures older shoppers as market slows
* Alibaba (BABA) launches elderly-friendly Taobao app. * Aims to attract more elderly shoppers to its platform. * The giant e-commerce company to report earnings Thursday. By Cate Cadell. Online shopping may not be the typical domain of the elderly, but when it comes to buying groceries with a smartphone, Xiang Jiang, 70, considers herself rather savvy.
Amazon stock on pace for fifth straight record close
While the broad market was selling off, Amazon.com Inc. stock continued to rise. Shares closed at record highs during the last four trading sessions, and they're on track for another record close Wednesday. The stock rocketed to a new intraday high of $1,464.65 earlier in the session before settling down a bit. Shares are currently up 1.8%, outpacing gains for the Nasdaq Composite Index , up 0.8%. The Nasdaq is still 1.1% below Friday's record close. Amazon is due to report holiday-quarter earnings Thursday after the close, with analysts expecting that the company drew revenue by 37% during the period. Fellow e-commerce powerhouse Alibaba Group Holding Ltd. also hit a new intraday high of $206.20 in Wednesday trading, though it's now trading below last Friday's record close of $205.22. Alibaba's stock is currently up 2.3%. The firm reports December-quarter earnings Thursday morning. Alibaba shares have gained 101% over the past 12 months, while Amazon shares are up 77%. The S&P 500 Index is up 24% in that time. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Alibaba to take on Kuala Lumpur's traffic in first foreign project
Alibaba Group(BABA) will set up a traffic control system harnessing artificial intelligence for Malaysia's capital Kuala Lumpur, its first such service outside China, as the e-commerce giant pushes to grow its cloud computing business.
UPDATE 1-JD.com plans to make U.S. foray this year - Bloomberg
Jan 25 (Reuters) - China's JD.com Inc is preparing to
enter the United States by the end of this year in a move that
will challenge its Chinese rival Alibaba Group Holding Ltd
and U.S.-based Amazon.com Inc, Bloomberg News
reported on Thursday.
JD.com plans to make U.S. foray this year - Bloomberg
Jan 25 (Reuters) - China's JD.com Inc is preparing to
enter the United States by the end of this year, Bloomberg News
reported on Thursday, in a move that will challenge its Chinese
rival Alibaba Group Holding Ltd and U.S.-based Amazon
Report: Kroger considers teaming up with China's Alibaba against Amazon
China eCommerce giant could enhance U.S. supermarket chain's checkout technology.
Alibaba, U.S. grocer Kroger had early business development talks: source
SAN FRANCISCO (Reuters) - Chinese e-commerce and technology company Alibaba Group Holding Ltd and U.S. grocer Kroger Co have had early discussions on working together, including a meeting in which U.S. executives traveled to China, a source familiar with the matter said.
How Altaba, Inc. Shares Rose 81% in 2017
This alternative to simply owning Alibaba skyrocketed last year as the Chinese e-commerce titan's stock doubled in value.
Chinese courier says allegations it inflated profit margins have no merit
ZTO's $1.4 billion IPO in the U.S. was the largest in 2016. The company counts Alibaba and JD.com as its customers.
Alibaba founder Ma says will "seriously consider" Hong Kong listing
* Jack Ma was responding to invitation from Hong Kong leader. * HK recently decided to push ahead with dual-class share listings. * Alibaba (BABA) chose New York over Hong Kong for its listing in 2014.
Alibaba founder Ma says will 'seriously consider' Hong Kong listing
SHANGHAI/HONG KONG (Reuters) - Alibaba Group Holding Ltd will "seriously consider" listing in Hong Kong, founder Jack Ma said, marking a potential boon for the financial hub which recently decided to move towards allowing dual-class share listings.
UPDATE 1-Alibaba founder Ma says will "seriously consider" Hong Kong listing
* HK recently decided to push ahead with dual-class share
Alibaba founder says will "seriously consider" HK listing
Alibaba Group Holding Ltd(BABA) will "seriously consider" listing in Hong Kong, founder Jack Ma said, in response to an invitation from the financial hub's leader asking the company to consider doing so. Ma made the comments at an event in Hong Kong on Monday, an Alibaba (BABA) spokeswoman said.
Alibaba founder says to consider Hong Kong listing: SCMP
HONG KONG (Reuters) - Alibaba Group Holding Ltd will consider a listing in Hong Kong, the South China Morning Post reported the company's founder Jack Ma as saying - remarks which follow the city's decision to allow dual class share listings.
Alibaba founder says to consider Hong Kong listing -SCMP
Alibaba Group Holding Ltd(BABA) will consider a listing in Hong Kong, the South China Morning Post reported the company's founder Jack Ma as saying - remarks which follow the city's decision to allow dual class share listings. Ma was responding to an invitation by Hong Kong leader Carrie Lam to list in the city during a discussion at an event in Hong Kong. "Alibaba (BABA) will take this message.
Saint Laurent ventures online in China as luxury portals take off
PARIS, Jan 8 (Reuters) - French fashion label Saint Laurent,
part of Kering, will start selling online in China
through a JD.com portal, joining shopping players like
Alibaba in trying to tap strong luxury goods demand
from Chinese consumers.
Internet Users in China Expect to Be Tracked. Now, They Want Privacy.
Chinese are demanding better protections even as the government and tech giants like Alibaba and Tencent gather ever more data.
U.S. blocks Alibaba affiliate Ant Financial's $1.2B bid for Moneygram
The U.S. has blocked the sale of Dallas-based money-transferring company Moneygram to Ant Financial, an affiliate of Chinese e-commerce giant Alibaba.
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