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.

Alibaba’s 40 Pct. Rev Boost Driven By eCommerce, Cloud Computing
Alibaba’s 40 Pct. Rev Boost Driven By eCommerce, Cloud Computing
November 01, 2019  |  Earnings

With formidable growth in its eCommerce and cloud computing businesses, Alibaba Group Holding Ltd. noted a larger-than-expected 40 percent increase in second-quarter revenue. Sales from the...

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WeChat Pay Rolls Out Utility To Transfer Funds Between Smartphones
WeChat Pay Rolls Out Utility To Transfer Funds Between Smartphones
October 23, 2019  |  Payment Methods

Tencent’s WeChat Pay is launching a new payments feature that lets people transfer funds using a mobile phone number, TechNode reported on Wednesday (Oct. 23)....

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Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News
Facebook’s Libra, Uber Losses, Instant Deposits Top Week’s News
October 11, 2019  |  News

It’s never quite a slow week in the world of payments and commerce, and the newest edition of the PYMNTS Weekender is proof of that....

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Alibaba Halts Vaping Component Sales In The US
Alibaba Halts Vaping Component Sales In The US
October 09, 2019  |  Retail

Regulators continue to examine reports of disease and deaths allegedly linked to eCigarettes. And amid that scrutiny, Chinese eCommerce giant Alibaba said on Wednesday (Oct....

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What’s The Future For NBA-Related Retail In China?
What’s The Future For NBA-Related Retail In China?
October 08, 2019  |  Retail

Basketball is one of the most popular sports – if not the most popular sport – in China, but there’s a little less NBA available today...

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Ant Financial To Invest $600M In Zomato
Ant Financial To Invest $600M In Zomato
October 04, 2019  |  Investments

Zomato is in talks with Chinese payments giant Ant Financial to lead a $600 million funding round for the delivery company, according to a report...

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Potential US Investment Curbs Prompt Chinese Stock Losses
Potential US Investment Curbs Prompt Chinese Stock Losses
September 27, 2019  |  International

Shares of well-known Chinese companies, like Alibaba, JD.com and others, dropped sharply on Friday (Sept. 27) amid news that the United States might be curtailing...

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Eyeing IPO, Alibaba Gets Go-Ahead To Restructure Ant Financial
Eyeing IPO, Alibaba Gets Go-Ahead To Restructure Ant Financial
September 24, 2019  |  International

Chinese regulators have given the green light to Alibaba to restructure Ant Financial, which will open a path for an initial public offering (IPO) for...

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China To Send Gov’t. Reps To Private Firms To ‘Boost Local Manufacturing Industry’
China To Send Gov’t. Reps To Private Firms To ‘Boost Local Manufacturing Industry’
September 23, 2019  |  International

China is set to assign government officials to work with 100 private companies, including eCommerce giant Alibaba, to “boost the local manufacturing industry,” according to...

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