News tagged with alibaba

Alibaba expands despite slowing China growth

Chinese online giant Alibaba on Tuesday posted robust quarterly results showing better-than-expected sales growth, allaying fears stemming from cooling in the world's second largest economy.

dateOct 27, 2015 in Business
shares16 comments 0

China's Alibaba to invest $1.0 bn in cloud computing

Chinese e-commerce giant Alibaba will invest $1.0 billion in its cloud computing arm to expand its international presence, the company said Wednesday, as it looks outside its core business and beyond traditional markets.

dateJul 29, 2015 in Business
shares22 comments 0