Internet giant Alibaba has joined forces with China's biggest defence company to offer location-based services using a homegrown satellite navigation system that competes with the US GPS network, the firms said.
American billionaire George Soros's fund has sold most of its stake in the Chinese e-commerce giant Alibaba, according to regulatory filings Friday.
With sales growth slowing in China, Alibaba is looking across its borders to give sales a boost.
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.
E-commerce giant Alibaba sought job applicants with porn star attributes and other tech firms host adult video starlets: China's new economy powerhouses are not immune from old-style sexism.
Yahoo is moving forward with the spinoff of its sizable stake in China's Alibaba Group, and announced a name for it: Aabaco.
Alibaba Group Holding Ltd., the giant online retailer in China, hoped to replicate its success with a U.S. online shopping site and, thus, take a crack at Amazon.com Inc. and others.
China's Alibaba plans to launch an online video service that mimics that of US streaming giant Netflix, a report said Monday, marking the e-commerce giant's latest move to expand its business scope.
Chinese e-commerce behemoth Alibaba on Thursday launched an Internet bank aimed at serving small businesses which often struggle to obtain credit from large banks.
Yahoo acknowledged Wednesday that US authorities are reviewing the tax-free status of its planned spinoff of its stake in Chinese online giant Alibaba, but said the deal would proceed anyway.