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Alibaba Group is readying a $7 billion boost for its delivery and shopping platforms amid stiff competition in China. The tech giant said Wednesday that it will offer 50 billion yuan, or about $6. ...
Alibaba Folds Food Delivery, Online Travel Services Into Core E-Commerce Unit Published: June 23, 2025 at 5:43 a.m. ET Share Resize ...
SingPost is seeking to boost its e-commerce business to offset weak postal revenues, and last year an Alibaba unit bought an over 10 percent stake in SingPost for $249 million.
Chinese tech giant Alibaba Group is seeking to raise around HK$12 billion ($1.53 billion) through exchangeable bonds to boost investments in its cloud infrastructure and global commerce operations, ...
Alibaba Group Holding has set up a new “digital technology” company under its main e-commerce unit, Taobao and Tmall Group (TTG), with a registered capital base of 10 million yuan (US$1.4 ...
Alibaba Group announced a major restructuring of its e-commerce business on Thursday, consolidating its domestic and international operations into a single e-commerce division. CEO Eddie Wu, in an ...
Alibaba reshuffles commerce business, faces market share losses in China, AI growth opportunity yet to boost cloud performance.
As part of a “strategic upgrade” and to broaden its “consumer experience,” Alibaba (NYSE:BABA) will combine its online travel agency and food delivery platform into an e-commerce group to ...
Alibaba’s shares fell as much as 3.7% in New York trading. The company is reporting hours after the latest Chinese economic data showed encouraging signs for the world’s second largest economy.
Alibaba 9988 -1.91% Group is folding its food-delivery and online-travel services into its core e-commerce unit, streamlining operations in the face of ever fiercer competition.