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.
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.
Business
Aug 17, 2017
0
1
Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of soaring growth in online shopping.
Business
May 18, 2017
0
2
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.
Business
Mar 22, 2017
0
8
Yahoo confirmed on Monday that chief executive Marissa Mayer will quit the company's board after its merger with Verizon.
Business
Jan 10, 2017
1
4
Chinese e-commerce giant Alibaba has filed a lawsuit against two vendors for allegedly selling counterfeit goods, it said, weeks after the US put its main platform on its "notorious markets" blacklist.
Business
Jan 5, 2017
0
4
Chinese e-commerce giant Alibaba's sales soared 55 percent in the last quarter, thanks in part to a more than doubling of revenue from cloud computing, the company said Wednesday.
Business
Nov 2, 2016
0
4
In 2011, a respected anti-counterfeiting coalition in Washington escalated its fight against the Chinese e-commerce giant Alibaba, saying its websites served as a 24-hour market "for counterfeiters and pirates" and should ...
Business
May 27, 2016
0
11
Last fall, 30-year-old Luo Rong quit his $30,000-a-year engineering job in Shanghai, moved back to his mountaintop village of Jade Peak with his wife and newborn baby and opened a shop with a big orange and green sign out ...
Business
Apr 17, 2016
0
5
Shoppers spent around $9 billion in the first 12 hours of China's "Singles Day" sale on Wednesday, e-commerce giant Alibaba said, in the world's biggest online shopping day.
Business
Nov 11, 2015
0
23
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.
Business
Oct 27, 2015
0
16