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Indonesia asks Alibaba's Jack Ma to advise its e-commerce development

Indonesia asks Alibaba's Jack Ma to advise its e-commerce development

JAKARTA/BEIJING - Indonesia has asked the chairman of China`s Alibaba Group Holding Ltd, Jack Ma, to act as adviser in the development of the Southeast Asian country`s nascent e-commerce industry, according to a video released by the government.

Samsung, Tencent surge in race to become Asia's most valuable firm

Samsung, Tencent surge in race to become Asia's most valuable firm

Tencent Holdings Ltd and Samsung Electronics Co Ltd are racing to be crowned Asia`s most valuable company as expectations for robust earnings growth push their share prices to record highs.

China to launch world's first quantum hack-proof satellite

China to launch world's first quantum hack-proof satellite

China is set to launch the world's first quantum communication satellite which boasts of hack-proof ultra high security features to prevent wiretapping and intercepts.

Didi's Cheng Wei: Chinese patriot who tamed Uber

Didi's Cheng Wei: Chinese patriot who tamed Uber

Cheng Wei, 34, was once assistant to the head of a foot massage firm. Last week, his company Didi Chuxing bagged Uber`s China business in a deal valuing his ride-hailing start-up at $35 billion - a second success in as many years in a gruelling battle with a rival.

US stocks surge to records as retail, oil shares gain

Alibaba, which trades in New York, jumped 5 percent.
 

Alibaba says it is not making an investment in Netflix

Alibaba Group Holding Inc is not making an investment in Netflix Inc.

China's Alibaba puts internet in cars, plans to take drivers out

China's Alibaba puts internet in cars, plans to take drivers out

Among major tech companies, Alibaba is relatively late to offer a platform that can link a smart phone to a car, trailing platforms already launched by Alphabet`s Google, Apple and Baidu.

White House defends Obama's lunch with China's richest man Jack Ma

White House defends Obama's lunch with China's richest man Jack Ma

Barack Obama's lunch with China's richest man Jack Ma has been defended by the White House which said it is not uncommon for the US President to have such a private meeting with "notable" people.

Samsung Electronics, Alibaba to team up on mobile payment systems: Report

Samsung Electronics, Alibaba to team up on mobile payment systems: Report

 Samsung Electronics and Alibaba Group Holding plan to announce a collaboration on mobile payment systems on Friday, South Korean media reported. 

Alibaba expands in Southeast Asia with $1 billion deal

Alibaba expands in Southeast Asia with $1 billion deal

Chinese e-commerce giant Alibaba will acquire a controlling stake in leading Southeast Asian online shopping platform Lazada for $1.0 billion, it said Tuesday as Jack Ma’s company seeks to expand outside its home market.

Alibaba-backed courier YTO Express to list via $2.7 billion reverse merger

 Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan ($2.7 billion) merger with a listed clothing maker, becoming the latest courier seeking capital market funds to stay competitive during China`s e-commerce boom.

Alibaba to unveil first internet car in April

Alibaba to unveil first internet car in April

Alibaba, China`s largest e-commerce company, is preparing to unveil its first internet-connected smart car in April, the People`s Daily reported on Tuesday.

Alibaba likely to surpass Walmart as world's top retailer

Alibaba likely to surpass Walmart as world's top retailer

An official announcement by Alibaba Group Holding Ltd expected to be made at the end of this fiscal year on March 31.

Alibaba planning to enter Indian e-commerce market this year

Alibaba planning to enter Indian e-commerce market this year

Chinese e-commerce major Alibaba Group is planning to enter India this year and is looking at opportunities to build the business organically or through other means

Alibaba to train one million rural e-commerce gurus

Alibaba reached an agreement on Tuesday with the China Communist Youth League, a CPC reserve force, to train one million teenagers to take e-commerce to rural areas.

 Alibaba plans stake in China business magazine: Reports

Alibaba plans stake in China business magazine: Reports

The publisher of one of China's most respected business magazines, Caixin, said today it was seeking new investors following reports e-commerce giant Alibaba plans to take a stake in the company as it looks to expand its media empire.

Hackers attack 20 mln accounts on Alibaba's Taobao shopping site

Hackers attack 20 mln accounts on Alibaba's Taobao shopping site

An Alibaba spokesman on Thursday said the company detected the attack in "the first instance", reminded users to change passwords, and worked closely with the police investigation.

China's Alibaba pays $266M for Hong Kong newspaper

China's Alibaba pays $266M for Hong Kong newspaper

The publisher of Hong Kong's South China Morning Post says China's Alibaba is buying the English-language newspaper for 2.06 billion Hong Kong dollars (USD 266 million).

Alibaba to pay $266 million for Hong Kong`s SCMP newspaper

Chinese Internet giant Alibaba will pay HK$2.06 billion (US$265.8 million) for Hong Kong`s South China Morning Post, the newspaper said in a statement to the city`s stock exchange.

Yahoo shelves plan to spin off Alibaba stake

Yahoo Inc said on Wednesday it had shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd, citing tax concerns, and will instead create a separate company to hold the rest of its assets.