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Alibaba Group

Hangzhou-based group of Internet-based e-commerce businesses

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Alibaba Group: Hangzhou-based group of Internet-based e-commerce businesses
Alibaba Group Holding Limited is a Chinese multinational conglomerate holding company specializing in e-commerce, retail, Internet and technology. Founded 4 April 1999, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services. It owns and operates a diverse array of businesses around the world in numerous sectors, and is named as one of the world's most admired companies by Fortune.

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Alibaba Earned Way More Than Expected Despite Fear Over China’s Economy

alibaba earned way more than expected despite fear over china’s economy
The e-commerce giant Alibaba Group Holding earned far more than analysts expected in its latest quarter, allaying concern that China’s economic slowdown and trade war with the U.S. would hurt its..
WorldNews - Published

Alibaba beats revenue expectations on cloud boost

Chinese e-commerce giant Alibaba Group Holding Ltd beat fourth-quarter revenue forecasts on Wednesday, thanks to growth in its core business and its diversification into cloud computing and other..
Reuters - Published

Videos for Alibaba Group

Luckin Coffee's piping hot IPO [Video]Luckin Coffee's piping hot IPO

The Chinese challenger to Starbucks, Luckin Coffee, saw its shares zoom up 47 percent at the open as it debuted on the Nasdaq. But Fred Katayama reports, the startup warns it may keep losing money in..

Credit: Reuters Studio     Duration: 01:03Published

Jack Ma Told Alibaba Staff To Have Lots Of Sex At A Mass Wedding For His Employees [Video]Jack Ma Told Alibaba Staff To Have Lots Of Sex At A Mass Wedding For His Employees

Alibaba owner, Jack Ma, attended a company mass wedding on Friday. The billionaire businessman telling employees they should be having lots of sex to mirror the exacting work weeks demanded by the..

Credit: Wochit News     Duration: 01:02Published

Uber to debut on Friday with $82 Bln valuation [Video]Uber to debut on Friday with $82 Bln valuation

Uber priced its initial public offering on Thursday at the low end of its targeted range to value the company at $82.4 billion, hoping the conservative approach would let it avoid the market chaos..

Credit: Reuters Studio     Duration: 01:42Published

Uber to start pitching IPO Friday -source [Video]Uber to start pitching IPO Friday -source

Ride-hailing company Uber will unveil terms for its initial public offering on Friday, telling investors it will seek to be valued at between $80 billion and $90 billion, according to people familiar..

Credit: Reuters Studio     Duration: 01:12Published

Amazon says it's shutting its China online store [Video]Amazon says it's shutting its China online store

Amazon says it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world's most populous..

Credit: Reuters Studio     Duration: 01:45Published

Banking newbies set to shake-up Asia’s finances [Video]Banking newbies set to shake-up Asia’s finances

In Asia, it’s the region’s biggest tech giants that are challenging high street banks, to a degree not seen in Europe or the United States. Michelle Hennessy reports.

Credit: Reuters Studio     Duration: 02:20Published

Alibaba Founder Defends Overtime Work Culture As 'Huge Blessing' [Video]Alibaba Founder Defends Overtime Work Culture As 'Huge Blessing'

Alibaba Group founder and billionaire Jack Ma has defended the grueling overtime work culture at many of China’s tech companies, calling it a “huge blessing” for young workers. In a speech to..

Credit: Wochit News     Duration: 00:47Published

 

Alibaba revenue beats estimates on cloud boost; shares rise

China's Alibaba Group Holding Ltd beat analysts' estimates for fourth-quarter revenue on Wednesday, boosted by growth in its core e-commerce and cloud computing businesses.
Reuters - Published

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