Alibaba net profit soars 35% as Singles Day pays off

Chinese e-commerce giant Alibaba Thursday posted a 35 percent surge in net profit in the third quarter, fuelled by a record-breaking sales bonanza during its annual Singles Day shopping festival.

US report raps Alibaba's Taobao, others for pirated goods

Alibaba's Taobao website and numerous public markets around the world were cited Friday as purveyors of hundreds of thousands of dollars in pirated goods in the US government's annual "notorious markets" review.

Alibaba takes record $25 bn on 'Singles Day'

Chinese online shoppers spent a record $25 billion on this year's "Singles Day" promotion run by e-commerce giant Alibaba, up nearly 40 percent from last year, figures showed on Sunday.

Alibaba profit nearly doubles on robust revenues

Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of solid revenue growth in its core shopping business and in cloud computing.

China's Alibaba to set up logistics hub in Malaysia

Alibaba and Malaysia announced Wednesday that they will set up a logistics and e-commerce hub in the Southeast Asian country to boost small and medium-sized companies, a first for the internet giant outside China.

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