Chinese online retail giant Alibaba said Friday it would pay $294 million for a 28 percent stake in China's leading digital map provider, AutoNavi, its second big purchase in two weeks.
May 10, 2013
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Alibaba Group, one of the world's biggest e-commerce companies, said Monday its executive vice president will succeed founder Jack Ma as chief executive.
Mar 11, 2013
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One of the world's most successful Internet entrepreneurs, Jack Ma, founder of e-commerce giant Alibaba Group, announced Tuesday he is stepping down as chief executive but will remain chairman.
Jan 15, 2013
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Top Chinese e-commerce operator Alibaba said Friday it would not tolerate corruption, after a senior manager was detained on suspicion of taking bribes in the latest graft scandal to hit the company.
Jul 06, 2012
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Minority shareholders of Alibaba.com on Friday voted in favour of a proposal by its parent Alibaba Group Holding to take the Hong Kong-listed online trading unit private, the company said.
May 25, 2012
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(AP) -- Chinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong-listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's ...
May 25, 2012
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After years of mortifying missteps, Yahoo Inc. finally has something to boast about: a multibillion-dollar windfall from a savvy investment in China.
May 21, 2012
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After being knocked back by American venture capitalists in 1999, Jack Ma -- a cash-strapped entrepreneur -- convinced friends to give him $60,000 to start Chinese online retailer Alibaba.com.
May 21, 2012
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Online sales in China in 2011 grew 66 percent from the previous year, with turnover totalling 780 billion yuan ($125 billion), according to a report cited by state news agency Xinhua Thursday.
Mar 01, 2012
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For the communist cadre who has everything, a shadowy Chinese company is offering a $1,590 tablet computer called the "Red Pad" reserved for the nation's top officials.
Jan 20, 2012
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Tens of thousands of frustrated small Chinese vendors are "online rioting" in protest at a decision by the nation's top web retailer Taobao to raise service fees, state media said on Thursday.
Oct 13, 2011
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The head of Chinese Internet giant Alibaba is "interested" in buying Yahoo! and has been approached by private equity firms and other groups about doing a deal, The Wall Street Journal reported on Monday.
Oct 03, 2011
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The head of Chinese Internet giant Alibaba, Jack Ma, Saturday gave no hint of the future of Yahoo!'s stake in his firm but said he wasn't responsible for the recent ouster of its chief.
Sep 10, 2011
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(AP) -- A major Chinese online commerce site has banned sales of software used to bypass Internet censorship amid Beijing's efforts to block the development of a Middle East-style protest movement.
Aug 23, 2011
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One out of five Internet users visited online retail giant Amazon in June, tracking firm comScore said Wednesday.
Aug 17, 2011
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