Alibaba is expected to book a 13-billion yuan (US$1.8 billion) loss attributable to its shareholders when the sale is completed. Alibaba owns the South China Morning Post. This marks Alibaba’s ...
Chinese e-commerce giant Alibaba has opened its doors to US sellers on its oldest platform, Alibaba.com. It now offers tools to allow US firms to sell on the business-to-business platform in the ...
Alibaba Group Holding agreed to sell its entire stake in Sun Art Retail Group, China's largest hypermarket operator, for HK$13.1 billion (US$1.7 billion), as the e-commerce giant scales back its ...
Alibaba Group Holding is taking a 9.3 billion yuan (US$1.3 billion) loss in its sale of Intime, one of China's leading department store operators, as the e-commerce giant walks away from offline ...