Alibaba Moving to Russia

Alibaba Teams Up with Russia

Chinese e-commerce giant Alibaba Group Holding Ltd. agreed to take a 10% stake in one of Russia’s biggest tech players—a commercial tie-up that comes as both countries move to strengthen geopolitical bonds. The stake in Mail.Ru Group Ltd., one of Russia’s earliest and most prominent internet firms, would be worth about $484 million...

By | September, 12, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Trade Wars Don’t Affect Alibaba

Alibaba Sales Jump

E-commerce giant Alibaba Group Holding Ltd. reported a 61% increase in sales, as Chinese consumers continued to spend on the internet despite slowing economic growth. Alibaba, the operator of China’s two largest e-commerce platforms Taobao and Tmall, said in a statement on Thursday its core e-commerce business kept charging ahead in the most recent quarter...

By | August, 24, 2018|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments

Alibaba Going Brick and Mortar

Alibaba's Push into Brick-and-Mortar Retail

China's Alibaba Group Holding said yesterday that it formed a strategic partnership with Bailian Group, the largest retailer by store numbers to join the e-commerce giant's drive to use big data to improve and profit from brick-and-mortar sales...

By | February, 21, 2017|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments

Alibaba Using Trump to Become Amazon?

Alibaba Founder Pledges to Create 1 Million Jobs

Trump Tower has been a busy place over the past few weeks as Donald Trump prepares to take his place in the White House on January 20th. Jack Ma, Alibaba Group founder and executive chairman, met with Trump yesterday to discuss U.S.-China business relationships and efforts to create more jobs in America...

By | January, 11, 2017|Categories: Articles, Featured|Tags: , , , , , , , , |0 Comments