Alibaba

China's biggest online shopping festival, Singles' Day, got underway at Sunday midnight local time, with e-commerce giant Alibaba saying 91.2 billion yuan ($13 billion) worth of goods were sold in the first hour, compared with 69 billion yuan last year. Sing…

China's biggest online shopping festival, Singles' Day, got underway at Sunday midnight local time, with e-commerce giant Alibaba saying 84 billion yuan ($12 billion) worth of goods were sold in the first hour, compared with 69 billion yuan last year. It too…

The logo of Alibaba Group is seen during Alibaba Group's 11.11 Singles' Day global shopping festival at the company's headquarters in Hangzhou, China. PHOTO: REUTERS SHANGHAI: Chinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for …

(Bloomberg) -- Alibaba Group Holding Ltd.s Singles Day shopping bonanza got off to a scorching start, logging more than 114 billion yuan ($16.3 billion) of purchases in less than 90 minutes, the equivalent of more than half of last years record haul for the 2…

(Bloomberg) -- Alibaba Group Holding Ltd.s Singles Day shopping bonanza got off to a strong start, logging 61 billion yuan ($8.7 billion) of purchases within the first 20 minutes. An estimated half-billion shoppers from China to Russia and Argentina are expe…

* Alibaba sold $30 bln worth of goods on Singles' Day last year * First Singles' Day event since Jack Ma's resignation in Sept * Faces rising competition from small rivals (Updates to add link to graphic) By Unknown 91883847-8815-4454-9e64-4b933c8b88aa SH…

(Bloomberg) -- Alibaba Group Holding Ltd. plans a listing hearing early next week and is seeking to raise as much as $15 billion in a Hong Kong share sale, people familiar with the matter say, moving ahead with the citys largest first-time stock offering sinc…

(Bloomberg) -- Alibaba Group Holding Ltd. plans a listing hearing early next week and is seeking to raise as much as $15 billion in a Hong Kong share sale, people familiar with the matter say, moving ahead with the citys largest first-time stock offering sinc…

Published: 7:00am, 7 Nov, 2019 Updated: 7:00am, 7 Nov, 2019

Alibaba reported strong second-quarter financial results on Friday, beating analyst expectations and revealing strong growth in the firm's cloud business.  In Q2 2019 (statement), Alibaba reported revenue growth of 40 percent year-over-year, reaching 119 bi…