Alibaba

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Plastics, e-commerce, power, steel sectors receive Chinese capital flow

VietNamNet Bridge - Chinese capital is heading for a series of business fields in Vietnam. What will the capital bring?

Alibaba takes control of logistics business, pledges $15 billion to expand network

Chinese e-commerce firm Alibaba Group announced it will invest 100 billion yuan over five years to build a global logistics network and also take control of a $20 billion unit, 

Alibaba to launch product similar to Amazon Echo: source

 Chinese e-commerce company Alibaba Group Holding Ltd would launch a product mimicking Amazon.com Inc's "Echo" next week, according to a source familiar with the matter.

Alibaba's Ma champions U.N. e-commerce drive for development

Alibaba Executive Chairman Jack Ma said the Internet should be a utility available to the whole world, putting his weight behind a U.N. call for e-commerce to boost developing economies and help fight poverty.

Alibaba's Ant Financial in talks to raise more than $3 billion: report

 China's most valuable online finance company, Ant Financial, is looking to raise more than $3 billion in debt to fund international expansion, according to technology news website The Information.

Alibaba tells Trump about U.S. store plan for China e-shoppers

 Alibaba Executive Chairman Jack Ma met U.S. President-elect Donald Trump on Monday and laid out the Chinese e-commerce company's new plan to bring a million small U.S. businesses onto its platform to sell to Chinese consumers

Alibaba Singles' Day sales race past $5 billion in first hour

 Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) said it racked up more than $5 billion in transactions in the first hour of its annual 'Singles' Day' sales blitz on Friday - a third more than in the first hour of last year's spree.

China eyes Vietnam's hundred-billion dollar retail market

VietNamNet Bridge - Following Thai, Japanese and South Korean retailers flocking to Vietnam, Chinese investors are now jumping into the market.  

New players in e-commerce market stir up competition

VietNamNet Bridge - What will happen if Central Group and Lotte Mart, the big retail chains, jump into the e-commerce market?

E-commerce delivery market: patient players will win

VietNamNet Bridge - E-commerce delivery firms usually make no profits in the first two or three years of operation. Though they have to spend big money, their revenue is modest.

FPT Shop may sell stakes to Alibaba

VietNamNet Bridge - The representative of FPT Shop said that if FPT Shop joins hands with Alibaba, it could  strengthen its online business.

Jack Ma approaches Vietnamese craft villages

VietNamNet Bridge - It is Jack Ma, not Vietnamese firms, who has been reaching every corner of  Vietnamese craft villages and inviting them to join his online trading floors. Why?

China's Alibaba breaks Singles Day record as sales surge

 E-commerce giant Alibaba has broken its own record for sales on China's Singles Day, the world's biggest online shopping event.

China's Alibaba spent $160m fighting fake goods

 Chinese e-commerce giant Alibaba says it has spent over $160m (£103m) fighting fake goods on its websites from the beginning of 2013 to November of this year.

Yahoo profits surge on earnings from Alibaba sale

 Technology giant Yahoo has reported profits of $6.8bn (£4.2bn) for the three months to September, buoyed by earnings from the firm's stake in Alibaba.

Alibaba raises price of share sale as demand increases

 Chinese online giant Alibaba has increased the price range of its initial public offering (IPO), meaning it could raise more than $25bn (£15bn) when it lists in New York.