alibaba

Alibaba Group Holding Limited, also known as Alibaba Group and as Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.

Today In Payments: China Drops GDP Target; Dubai Creating Free Trading eCommerce Zone
Today In Payments: China Drops GDP Target; Dubai Creating Free Trading eCommerce Zone
May 22, 2020  |  News

In today’s top news, China has opted not to set any economy growth forecast amid the uncertainty caused by the pandemic, and Dubai is creating...

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Alibaba’s GMV Tops $1T As Mobile Orders Surge
Alibaba’s GMV Tops $1T As Mobile Orders Surge
May 22, 2020  |  Earnings

Alibaba Group Holding Co. reported results on Friday (May 22) that showed continued pivots to online commerce and mobile shopping, amid lockdowns that have shuttered...

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Today In Payments: Banks Brace For Forbearance Program Expiry Dates; Shopify To Launch Merchant Banking, BNPL Tools
Today In Payments: Banks Brace For Forbearance Program Expiry Dates; Shopify To Launch Merchant Banking,...
May 21, 2020  |  News

In today’s top news, banks brace for the end of their mortgage forbearance program, and Shopify launched a business account for merchants and POS credit...

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SoftBank Posts $18B Loss As Jack Ma Exits Board
SoftBank Posts $18B Loss As Jack Ma Exits Board
May 18, 2020  |  Investments

Japanese multinational conglomerate SoftBank Group posted a record-breaking $18 billion operating loss right after Alibaba co-founder Jack Ma announced he was stepping down from the...

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China’s Alibaba, JD Start Booking Services For Coronavirus Testing
China’s Alibaba, JD Start Booking Services For Coronavirus Testing
April 22, 2020  |  Coronavirus

The U.S. government, after its initial attempt, has still not rolled out a national testing program for the coronavirus. Nonetheless, two Chinese eCommerce giants are...

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Alipay Rolls Out Digital Tools To Support Wuhan Businesses
Alipay Rolls Out Digital Tools To Support Wuhan Businesses
April 08, 2020  |  Coronavirus

Wuhan, China – the epicenter of the disease when the COVID-19 virus exploded onto the world scene – is very slowly coming back to life....

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Lazada Temporarily Halts Grocery Purchases In Singapore
Lazada Temporarily Halts Grocery Purchases In Singapore
April 02, 2020  |  Retail

Amid an acute rise in orders in a climate of increasing COVID-19 cases and social distancing measures, Lazada Group SA is halting new grocery orders...

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Ant Financial Introduces OceanBase SaaS
Ant Financial Introduces OceanBase SaaS
March 25, 2020  |  Payments As A Service

China-based Ant Financial has introduced a Software-as-a-Service (SaaS) version of its popular financial relational database software, OceanBase, according to a press release. OceanBase has been...

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HSBC, Alibaba Link Up On Quick eCommerce Loans
HSBC, Alibaba Link Up On Quick eCommerce Loans
March 20, 2020  |  Loans

Banking giant HSBC and Cainiao Network Technology, which is a logistics arm of Alibaba Group, have announced they will offer rapid finance approvals to online...

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