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Chinese e-commerce company News

12 Mar 2021

Donald Trump’s Buddha statue a hit on Chinese e-commerce website, Check it out

A Chinese e-commerce website is selling a pensive statue of former US President Donald Trump sitting in a zen position, cross-legged and with his eyes closed, draped in a robe. The statue resonates the zen pose associated with Buddha.

10 Jun 2017

Alibaba Cloud to open first data centre in India

The data centre will be set up in Mumbai by March 31, 2018, the group said, adding that another one will come up in Jakarta.

05 Mar 2015

China backs e-commerce expansion in win for Alibaba, JD.com

China will back e-commerce development and guide international expansion by Chinese internet companies, Premier Li Keqiang said on Thursday, in an endorsement for firms such as Alibaba Group Holding Ltd and JD.com Inc.

18 Sep 2014

Alibaba set to price IPO shares amid investor frenzy

In a note Thursday, analysts at Morningstar said the shares are more fairly valued at $90 each.

15 Sep 2014

Alibaba founder conciliatory over missed HK listing

Alibaba`s initial public offering starting as early as next week is expected to raise between $19-24 billion.

14 Sep 2014

China's Alibaba sets new path with US IPO

The latest price range would give Alibaba a market value of between $148 and $163 billion dollars.

10 Sep 2014

Jack Ma, 'capital-lite' model impress at Alibaba's Boston IPO event

Alibaba Group Holding Ltd has two major things going for it as it prepares for an initial public offering that could raise more than $21 billion: founder Jack Ma and a "capital-lite" business model.

28 Aug 2014

Alibaba revenue soars ahead of IPO

Alibaba said mobile revenue was roughly a third of its total transaction volume in the three months ended June 30, up from 27.4 percent in the first three months of the year.

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