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Alibaba Aims to Help Foreign Firms to Establish Foothold in China

Aug 10, 2016 03:05 PM EDT

Chinese tech giant Alibaba recently has announced that it is partnering with international tech firms like SAP and Check Point Software. Through its cloud division, Alibaba Cloud, the company aims to help SAP and Check Point Software to penetrate the highly regulated Chinese tech market.

Alibaba Lends Cloud Arm to Get Foreign Firms Into China

Charissa Echavez |

Aug 10, 2016 01:44 PM EDT

Chinese e-commerce giant Alibaba is extending its cloud computing arm Alibaba Cloud to international firms to help them get into the Chinese market.

Alibaba to Expand Business Operations in Russia

Ellie Froilan |

Aug 09, 2016 04:05 PM EDT

Alibaba has announced plans to expand its business operations in Russia.

Among the Chinese investors buying the Caesars Interactive Entertainment’s online games unit Playtika include Jack Ma.

Chinese Consortium to Acquire Caesars' Games Unit Playtika for $4.4 Billion

Ellie Froilan |

Aug 03, 2016 11:30 AM EDT

Chinese investors led by Shanghai Giant Network Technology Co. and e-commerce company Alibaba Group founder Jack Ma have agreed to acquire Caesars Interactive Entertainment’s online games unit Playtika Ltd. for $4.4 billion in cash.

Sainsbury's to Increase its Presence on China’s Tmall

Girish Shetti |

Aug 02, 2016 09:10 AM EDT

Britain's supermarket giant Sainsbury's said on Monday that it would widen the presence of its products on Alibaba's international e-commerce website Tmall.

A Chinese consortium led by Shanghai Giant has agreed to buy Caesars Interactive Entertainment's Playtika in a $4.4 billion deal.

Chinese Consortium to Take Over Caesars Online Game Unit Playtika for $4.4B

Charissa Echavez |

Jul 31, 2016 01:38 PM EDT

A Chinese consortium including game developer Shanghai Giant Network Technology Co Ltd and e-commerce giant Alibaba Group Holding Ltd. founder Jack Ma has agreed to buy Playtika, the social casino game firm owned by Caesars Interactive Entertainment Inc for $4.4 billion.

French Insurance Giant AXA Forms Strategic Partnership with Alibaba

Girish Shetti |

Jul 29, 2016 01:59 PM EDT

France's insurance major AXA has forged a strategic partnership with Chinese e-commerce giant Alibaba in a bid to expand its presence in the Chinese market.

Alisports is giving away $5.5 billion in prize money for the WESG and will invest $149 million for eSports.

Alibaba Aims to Promote Gaming as Professional Sport

Ellie Froilan |

Jul 29, 2016 11:16 AM EDT

Alibaba Sports Group (Alisports) and International eSports Federation (IeSF) are joining hands to establish gaming as a professional sport.

Yahoo! will hold on to its Alibaba shares.

Yahoo! to Hold on to its Alibaba Stake

Christian George Acevedo |

Jul 28, 2016 11:29 AM EDT

With the impending sale of Yahoo's core assets, the internet giant's last remaining crown jewel is its valuable stake in Alibaba. The company has a 15 percent stake in the Chinese e-commerce firm, not to mention its 35.5 percent stake in Yahoo Japan, which it co-owns with Japan's Softbank. The assets total $40 billion and will be held by the residual firm known for the meantime as Remain Co.

Chinese Online Retailer JD.com debuts on Forbes 500.

JD.com Makes it to Fortune 500; Alibaba, Tencent and Baidu Fail to Land a Spot

Christian George Acevedo |

Jul 27, 2016 10:59 AM EDT

E-commerce website JD.com has debuted as the first Chinese internet firm on the Fortune 500 list. Surprisingly, China's top three Internet companies, Tencent, Alibaba and Baidu, failed to make it to the list, a proof that the list favors revenue over the company's actual value. In fact, a company's business model may have a significant effect on its revenue generation and in the valuation of its true worth.

Alibaba Launches $300 Million Investment Fund for TV and Film Production

Ellie Froilan |

Jul 26, 2016 02:10 PM EDT

Alibaba has announced a new $300 million investment fund to invest in film and TV companies.

Taobao Taps Millenials to fix Reputation

Phenny Lynn Palec |

Jul 26, 2016 11:55 AM EDT

Alibaba-backed Chinese e-commerce platform Taobao is facing some serious regulatory scrutiny due to the company's reputation of being the primary outlet for cheap, and counterfeit goods. In a bid to shake off this unwanted attention, Taobao has tapped the creativity of at least 72 sellers to flaunt their creations during the company's three-day Taobao Maker Festival held in Shanghai.

Alibaba Pictures Warns Investors About Bigger Losses

Phenny Lynn Palec |

Jul 26, 2016 11:42 AM EDT

Alibaba Pictures, the entertainment arm of the Chinese tech giant Alibaba, has warned its investors about possible bigger losses than originally anticipated. Alibaba Pictures revealed that its ticketing unit is to blame.

Alibaba, Amazon, eBay, YouTube, Snapdel Named in Illegal Wildlife Trade in India

Phenny Lynn Palec |

Jul 22, 2016 07:39 AM EDT

Several prominent e-commerce platforms have been named by the Indian government as outlets used to facilitate the illegal trade of wild animals and their body parts. The Indian government released a list consisting of 106 websites that it believes are involved in the illegal trade. Among the major platforms included are Amazon, Alibaba, eBay, Snapdeal, and even the video-sharing website YouTube.