-
Alibaba Group Holding Ltd. will invest another $1 billion to raise its stake in online mall Lazada Group SA to 83 percent, securing control of a fast-growing startup at the vanguard of its Southeast Asian expansion.
June 28 -
Most small U.S. companies don't have the brand awareness in China to stand out among the millions of goods on Alibaba's websites. Alibaba is the virtual mall that houses the brands, but sellers are in charge of production and distribution with little clarity on the demand for their wares.
June 19 -
Alibaba Group Holding Ltd. shares rose the most in almost two-and-a-half years after forecasting sales growth that topped every analyst’s estimate, defying expectations that growth must slow by dint of a decelerating economy and its own sheer scale.
June 8 -
The Trump administration must weigh risks to national security in its review of the $1.2 billion deal. Its decision will shed light on whether — given the president’s “America First” rhetoric — Chinese investment is still welcome in the U.S. financial services sector.
May 18 -
China’s internet titans are set to supply ample evidence that online spending continues to defy a slowdown in the world’s second largest economy.
May 17 -
As more of China's citizens engage in travel and commerce across the nation's borders, more companies want to help them pay and collect money. Many of China's dominant payment brands are extending their reach globally, but U.S. and European companies are also focused on this audience.
April 7 -
Chinese billionaire Jack Ma’s latest U.S. expansion plan is facing rising political obstacles.
March 31 -
Paytm, the Indian mobile payments startup backed by Alibaba Group Holding Ltd., has begun its global expansion by launching a mobile bill and tax payment service in Canada.
March 16 -
The Indian government's major change in cash policy and push for digital payments attracted the Chinese company to increase its stake in India's Paytm.
March 3 -
Alibaba Group Holding Ltd. raised its full-year sales forecast after quarterly results beat estimates, as Chinese spending stays strong and the company wrings revenue from fledgling areas such as cloud computing, entertainment and search.
January 24