The founder of Alibaba Group defended its stance against counterfeit goods and expressed regret Tuesday that the owner of luxury brands Gucci and Yves Saint Laurent has sued the e-commerce giant.
Before he became a billionaire in e-commerce, Richard Liu was a failure.
Chinese e-commerce giant Alibaba has acquired a more than nine-percent stake in US online retailer Zulily, according to regulatory papers.
The cash register keeps ringing for Alibaba, and mobile growth is a key reason why.
Chinese technology giants Alibaba and Tencent are promising to build the cars of the future, vehicles linked seamlessly to the Internet and offering shopping and navigation help while on the road.
China's Internet tycoon Jack Ma, founder of giant online merchant Alibaba, gave a glimpse of the future when he demonstrated a new e-payment system using facial recognition at the CeBIT IT fair in Germany.
China's huge IT sector is out in force in Germany this week, signalling to the world it is ready to not just copy but lead as a tech superpower.
Chinese e-commerce giant Alibaba on Thursday joined the country's biggest auto maker with a plan to develop an Internet-connected car, following other non-traditional players such as Google making inroads into the industry.
US online retail giant Amazon has set up shop on the business-to-consumer platform of Alibaba as it seeks a greater presence in the massive Chinese market.
Chinese online giant Alibaba will open a data center in Silicon Valley, it said Wednesday, challenging US rival Amazon in the field of cloud computing.