Alibaba

Coronavirus Outbreak: Xiaomi, Oppo, Alibaba donate masks to affected countries

Chinese tech giants Alibaba, Xiaomi and Oppo have donated masks and other medical equipment to the countries severely affected by the coronavirus pandemic. 

Alibaba notches up revenue by 38% in Q3; pledges to play role in countering coronavirus

As coronavirus spreads to parts of China, e-commerce giant Alibaba has pledged to play its role in countering the ill-effects of coronavirus on Chinese economy. Alibaba Group reported year-on-year revenue growth of 38 per cent to 161.4 billion yuan ($23.12 billion) for the fiscal quarter ending December 30, 2019.

Alibaba is the first public cloud vendor to get Trusted Partner Network; Here's what it means

Alibaba becomes the first public cloud vendor to get Trusted Partner Network. Read on to know what it is

Alibaba's Singles' Day sales hit 31.82 billion, breach last year's record

In 16 hours 31 minutes of the event going live, the total gross merchandise value (GMV) exceeded USD 31.82 billion (about RMB 223 billion), surpassing the total 2018 GMV of USD 30.8 billion. In 16 hours and 33 minutes, the number of delivery orders exceeded 1 billion, surpassing the total number of delivery orders of 2018 11.11, Alibaba said.  

Alibaba eyes record Singles' Day sales

E-commerce giant Alibaba will kick off it's 24-hour shopping mega-event on Monday and is hoping to achieve another record 'Singles' Day' sales this year. The shopping festival, also known as Double 11, is referred as Singles' Day because its date, 11/11 (November 11) consists of four 'ones', representing four singles.

Alibaba triples profits in Q3, reports 40% surge in revenue

The general slowdown in the Chinese economy has had little effect on the country's largest corporation Alibaba as its growth figures rise above the expectations to report a revenue surge of 40 per cent in September quarter 2019.

Jack Ma steps down as Alibaba's chairman on his 55th birthday, with fortune worth $42 billion

Jack Ma, Alibaba Group Ltd co-founder and chairman has stepped down as the Chinese e-commerce Chairman on his 55th birthday ending 20-years reins over Alibaba wealth creation empire, to devote his time to philanthropy focused on education.

Six times in six days: Alibaba's Jack Ma advises his employees on sex, gets viral on Social Media

After urging people to follow controversial 996 work mode , Alibaba founder Jack Ma now has given another advice for an improved life: he says have sex for six days, six times.

BigBasket gears up for greater market share, plans to pump in $100mn to strengthen supply chain

BigBasket is planning to set up vending machines and smaller distribution centres across various Indian cities

BigBasket raises USD 150 million from Mirae, Alibaba and CDC Group

Mirae has pumped in about USD 60 million, while CDC and Alibaba have infused USD 40 million and USD 50 million, respectively, according to documents filed with the corporate affairs ministry.

Alibaba's Singles' Day sales hits new high, USD 24.3 billion by mid-day

Last year, the Alibaba Group reported USD 25.3 billion of orders.

Alibaba generates $3 billion in 5 minutes of its 24-hour online shopping sale

Alibaba Group Executive Chairman Jack Ma was present at the gala night for countdown to the Global Shopping Festival 11.11 here.  

Alibaba Cloud opens up a 2nd data centre in India

The new "availability zone" will offer many product lines like Storage, Database, Elastic Computing Network, Application Services. It will aid local governments and enterprises in the Alibaba Cloud India region.

Alibaba is making quantum chips that will aid in powering the diverse industries

Alibaba is making a quantum chips processor to help power the range of industries and is setting up a chip subsidiary for customising AI chips and embedded processors to support its cloud and IoT businesses.

Jack Ma's mantra to staff: Balance among system, people, culture

To sustain growth and stability, Jack Ma, the Executive Chairman and co-founder of Alibaba who steps down in September 2019, advises his employees to have a balance amongst the system.

Alibaba founder Jack Ma to step down in 2019, Daniel Zhang named his successor

Jack Ma will stay on as executive chairman before September 10, 2019 before handing over his role to Chief Executive Officer Daniel Zhang.

Alibaba's Jack Ma, China's richest man announces retirement

A former English teacher, Ma started Alibaba in 1999 and built it into one of the world’s successful e-commerce and digital payments companies.

E-commerce giant Alibaba creates over 36.8 million jobs in 2017

Alibaba saw its revenue grow 56 per cent year-on-year in the fourth quarter in 2017.

Alibaba-owned DingTalk enterprise chat app enters India

The English version of the app, also available in Malaysia, is the first concerted push outside of China since launching three years ago.

We have to create our own Google, Facebook, Alibaba: Jayant Sinha