alibaba Archives

In Commemoration of Alibaba’s 25th Anniversary, Jack Ma Urges Employees to Believe in the Future

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3 months ago
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Jack Ma, the founder of Alibaba, recently sent a letter to Alibaba employees on the occasion of the company’s 25th anniversary. In the letter, he addressed the competitive landscape in...

Alibaba to Launch User Payment Option via WeChat Pay for the First Time

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4 months ago
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Alibaba, a major e-commerce service provider in China, has revealed that its platforms Taobao and Tmall will now support payments through WeChat Pay for the first time. This marks a...

Denial by Alibaba: Plans to Divest Lazada Business in Thailand Dismissed.

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6 months ago
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The Lazada representative refutes earlier reports that Alibaba, the parent company, has negotiated with large companies in Thailand to sell Lazada’s business exclusively in the country, stating that the company...

Jack Ma Posts Message to Alibaba Employees: Endorses Major Organizational Restructuring, Confirms it as the Right Direction

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9 months ago
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Jack Ma, the founder of Alibaba, posted a message to the company’s employees discussing the recent developments within the company. This includes the division of business into subsidiaries, the restructuring...

Alibaba Unveils Q3 Performance Report: Revenue Growth Soars by 5%, Announces $25 Billion Stock Repurchase Plan

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11 months ago
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Alibaba has reported its financial results for the fourth quarter of December 2023, with a total revenue of 260,348 million yuan, representing a 5% increase compared to the same period...

Alibaba’s Quarterly Performance Report: Revenue Growth Surges by 5% as Company Announces $25 Billion Share Repurchase Program

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11 months ago
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Alibaba has reported its financial results for the December 2023 quarter, with total revenue reaching 260,348 million yuan, an increase of 5% compared to the same period last year. However,...

Alibaba poised to vend entire offline retail operations, relinquishing emphasis solely on e-commerce.

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11 months ago
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Alibaba, the Chinese multinational conglomerate, is reportedly considering selling its subsidiary retail businesses, including supermarts like Freshippo and RT-Mart, as well as the department store InTime. This move comes as...

Massive Layoff at Lazada in Singapore Leaves Hundreds Unemployed, Shaking the E-commerce Scene

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12 months ago
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Lazada, a subsidiary of Alibaba, recently announced staff layoffs that have affected employees at all levels, totaling several hundred positions. The impact has been particularly significant in Southeast Asia, with...

Pinduoduo: Outpacing Alibaba in Market Capitalization

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1 year ago
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PDD Holdings, the parent company of Pinduoduo, a social commerce platform in China, and Temu, an e-commerce fashion marketplace in America, now has a higher market capitalization than Alibaba. With...

Alibaba Reports Impressive 9% Revenue Growth, Advances Business Cloud IPO Strategy

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1 year ago
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Alibaba reported its third-quarter results for September, showing a 9% increase in revenue compared to the same quarter last year, reaching a total of 224,790 million yuan. The company also...