Tag Archives: taobao

Single’s Day Sales blows past $9 Billion in Sales

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According ot Alibaba the Single's Day (11.11) Sales surpassed $9 billion. Xiaomi, Japanese apparel retailer Uniqlo, Huawei and Chinese furniture retailer Linshimuye have been the major brands in...

Alibaba To Buy $249m Stake In Singapore Post

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A major move to step up its international presence, Alibaba Group announced on Wednesday that it will purchase a 10.35% stake for $249 million in SingPost, Singapore’s national postal service...

Knockoffs are a Headache for Alibaba IPO

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HONG KONG (AP) — At first glance, the Monster Tron T1 headphones sold on Chinese e-commerce giant Alibaba's Taobao site are a tempting offer for audiophiles looking for state-of-the-art hi-fi...

The Alibaba Success and the Setbacks

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BEIJING (AP) — Even before Alibaba went online, its founder talked about making the fledgling e-commerce company a global player. At Alibaba Group's first staff meeting in 1999, a video shot by an...

Behind the Alibaba IPO is an Unlikely Chinese Success Story

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HONG KONG (AP) — The mammoth IPO planned by e-commerce giant Alibaba Group highlights founder Jack Ma's improbable rise to China's entrepreneur-in-chief. Ma, a former English teacher who flunked his...

Which Investors Will Cash In On Massive Alibaba IPO

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Alibaba filed its long-awaited public offering Tuesday, seeking to raise as much as $1 billion (a placeholder total) at a still unknown price. The Chinese Internet giant with $5.6 billion in annual...

Alibaba Is aiming to raise $1B in IPO

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SAN FRANCISCO (AP) — China's Alibaba Group is aiming to raise $1 billion in a long-awaited IPO likely to have ripple effects across the Internet. Tuesday's filing sets the stage for the technology...

JD.com IPO May Just Be Another Dangdang of China.

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Last week, JD.com filed to IPO in the US.  Its filing is here. The filing was noteworthy for a couple of reasons. First, it was the first big Chinese company to file to hold an IPO in the US...

Alibaba Group to be a Major Shareholder of AutoNavi

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The Alibaba group, which is an Internet colossus of Chinese origin, has just gained acquisition of about one third of the stakes in AutoNavi, a navigation tool-making company. The news according to...