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Alibaba

One company, two systems Alibaba

One company, two systems

ANYONE WHO is cursed with a rational mind should ponder Alibabas faith in eight, the luckiest single digit in China. On November 26th Chinas e-commerce juggernaut sold HK$88bn ($11.2bn) of secondary shares on the Hong Kong Stock Exchange under the stock symbo…
bubmag
November 27, 2019
Alibaba leaders deny ‘sensational’ claims made in viral Weibo post that said the Chinese e-commerce giant misreported its Singles Day sales Alibaba

Alibaba leaders deny ‘sensational’ claims made in viral Weibo post that said the Chinese e-commerce giant misreported its Singles Day sales

A viral post on the Chinese blogging platform Weibo is putting Alibaba's top leaders on the defensive.  Alibaba's Singles Day shattered sales of comparable annual US shopping events including Amazon Prime Day and Black Friday when it brought in more than $38…
bubmag
November 18, 2019