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Alibaba Group Holding Ltd. is in talks to invest $3 billion in Southeast Asian ride-hailing giant Grab Holdings Inc., according to people familiar with the matter.
September 14 -
The coronavirus dealt a double blow to procurement, cutting off both goods and money. Banks and e-commerce firms are relying on partnerships to tweak payment tools to rescue the market.
June 11 -
As small businesses' cash flow tightens during the pandemic, Alibaba Group is enabling SMBs to postpone payments for 60 days on cross-border e-commerce purchases.
June 2 -
The new product, which comes as an earlier partnership with the online lender Kabbage is sputtering, figures to appeal to companies with tight cash flows.
June 2 -
Alipay, the mobile payment app owned by billionaire Jack Ma, is stepping up its competition with WeChat to get more of its 900 million users to tap expanded services in everything from real estate purchases to restaurant and cinema bookings.
March 10 -
Alibaba Group Holding Ltd.’s parcel and meal delivery arms have returned to pre-coronavirus outbreak staffing levels, the latest example of how China’s largest corporations are getting back to work after Beijing’s entreaty to safeguard economic growth.
March 10 -
Fresh off a public offering and shopping boost, Alibaba Group has entered into an agreement with Commercial Bank of China (ICBC) to build digital finance services in areas such as cross-border finance and electronic payment settlement.
December 16 -
Most mainland investors can still only watch gains in Alibaba Group Holding Ltd., as China’s most valuable listed company extends increases after its Hong Kong stock exchange debut.
November 27 -
Alibaba’s gigantic stock debut in Hong Kong gives it extra fuel to become a global payments empire.
November 21 -
Alibaba's Singles Day e-commerce marketing event set another record, suggesting Asia's giant digital payments market shows no signs of slowing down.
November 11 -
Alibaba Group Holding Ltd. will spend $3.3 billion to raise its stake in Cainiao, in an effort to exert more control over the logistics subsidiary that underpins its sprawling e-commerce empire.
November 8 -
Alibaba Group Holding Ltd. has bought a third of Ant Financial, the online financial services behemoth controlled by billionaire Jack Ma, augmenting a global array of investments now worth $83 billion.
September 24 -
Brazilian payments provider Ebanx is working with Alibaba Group to test a retail store that combines physical and virtual showcases to allow consumers to obtain Chinese technology products.
September 11 -
Alibaba has added Adyen as a processor, giving the Chinese e-commerce giant an added option to acquire merchants to feed its business for Chinese travelers.
August 28 -
Alibaba’s Singles Day has created a proven template for a successful shopping holiday, and it’s now up to U.S. online giants like Amazon to apply a similar strategy, says PPRO's Steve Villegas.
July 15
PPRO -
Mastercard and Lazada, an Alibaba affiliate, have joined forces to collaborate on e-commerce systems for developing markets in the Southeast Asia region.
March 22 -
Alibaba Group Holding Ltd.’s business-to-business trading platform has forged its first U.S. partnership with a large company as it teams up with Office Depot Inc.
March 4 -
Global politics are dividing the world of e-commerce, forcing companies to make tough decisions about their strategies for the U.S., India and other regions.
February 1 -
The U.S. online lender provides credit lines of up to $150,000 to small businesses that shop at Alibaba.com.
January 14 -
In its 10th year promoting an unofficial Chinese holiday celebrating singlehood, Alibaba’s online sales hit a record $30.8 billion (RMB213.5), exceeding last year’s record by 27 percent.
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