Haier shares rise 18% on Alibaba tie-up
Shares in Hong Kong-traded Chinese electronics giant Haier are soaring, thanks to Alibaba. FastFT reports that Haier said earlier Monday it had teamed up with Alibaba to develop its logistics...
View ArticleHong Kong was right not to say Open Sesame to Alibaba
Alibaba’s decision to head to the US for its blockbuster IPO – perhaps the world’s largest ever – is undoubtedly a major blow to Hong Kong’s global ambitions. But chucking out years of hard-won...
View ArticleChinese internet: Mobile wars
A new war is brewing between China’s three internet giants, known collectively as BAT – short for Baidu, the dominant search engine, Alibaba, which controls 80 per cent of China’s ecommerce, and...
View ArticleThe Alibaba IPO and what it might mean for Western luxury brands
The prospect of a US-based IPO by Chinese e-commerce juggernaut Alibaba has triggered a recent wave of short-term conjecture over the eye-watering figures involved. A listing could garner as much as...
View ArticleAlibaba takes stake in Youku Tudou ahead of IPO
Alibaba is taking a minority stake in China’s largest online video site, Youko Tudou, as it prepares for its own blockbuster initial public offering in the US. Youko Tudou said on Monday that the...
View ArticleAlibaba launches US IPO
Chinese ecommerce giant Alibaba made its long-awaited filing for an initial public offering in the US, a deal which could ultimately top Facebook’s debut two years ago with an estimated $120bn...
View ArticleShow me the money: Alibaba’s top shareholders
Alibaba’s shareholder list contains some well-known names from around the globe — from China and Japan to Singapore, Silicon Valley and Russia. Here is a breakdown and guide to the biggest names to...
View ArticleAlibaba: what we now know (and what we still don’t)
Alibaba on Tuesday submitted the first filing for its upcoming initial public offering in New York. Unusually for a private company, prospective investors already knew some of its key financial...
View ArticleOnline shopping with Chinese characteristics
Alibaba, which filed for its US IPO on Tuesday, is frequently called the Amazon or eBay of China. But while there may be similarities in their business model, the online shopping experience for...
View ArticleJack Ma claims to not know how to use Taobao
Jack Ma, Alibaba’s founder, admitted on Sunday that he had never once used Taobao, the ebay-like flagship website for the ecommerce company he will be taking public later this year, writes Charles...
View ArticleYahoo and bankers start taking pitches
Following through on its pledge earlier this week to weigh new strategic options even as it looks for a new chief executive, Yahoo and its bankers are already fielding inquiries.Read more
View ArticleYahoo says strategic proposals are coming in
Yahoo’s investment bank is “fielding inquiries from multiple parties” about various options that could include a sale of all or some of the company, according to an all-hands email sent Friday by...
View ArticleIs the US ready for a Chinese Yahoo?
A leading US online media and communications firm owned and controlled from mainland China? That spectre was raised on Friday by Jack Ma, head of Alibaba, as he announced his interest in buying Yahoo....
View ArticleEbay plans PayPal partnership in China
Ebay chief executive John Donahoe said the Chinese government won’t let foreign-owned internet companies win in that country, but added PayPal will nonetheless bend to fit new rules and stay in the...
View ArticleYahoo welcomes another big investor into the tent
Yahoo just moved another step forward in its bid to control the end-game that has been taking shape around its future. Silver Lake has agreed to enter into confidential discussions with the US internet...
View ArticleAlibaba and Sina Weibo: deal done. Now, about those revenues…
Shares in Sina Corp, the Nasdaq-listed Chinese online media group, rose nearly 21 per cent during trading on Monday after the company said it had agreed to sell 18 per cent of Weibo, its Twitter-like...
View ArticleYahoo Q2: check out those Alibaba numbers
The most interesting nugget in Yahoo’s second-quarter earnings presentation is arguably not the web portal company’s own performance; but rather that of Alibaba, the Chinese ecommerce company in which...
View ArticleAlibaba has its eyes on the living room with smart TV
Alibaba, China’s ambitious internet conglomerate, has spread its reach from e-commerce to finance, and now to internet television.Read more
View ArticleAlibaba buys Chinese cloud storage company Kanbox
China’s biggest ecommerce company, Alibaba, has joined the growing enthusiasm for cloud storage applications, buying Kanbox for an undisclosed amount. Kanbox offers free storage for documents, photos...
View ArticleAlibaba gets clearance to list in the US
By Hannah Kuchler in San Francisco and Arash Massoudi in New York Any worries that Alibaba, China’s largest e-commerce company, would not be able to list its shares in the US appear to have been put to...
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