Alibaba Group

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Alibaba Group today announced plans to accelerate the global rollout of its cloud-computing business by investing US$1 billion in Aliyun, the e-commerce giant’s cloud-computing arm.

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The global consumer-goods giant behind well-known brands such as Lipton tea and Dove soap wants to tap Alibaba's e-commerce ecosystem to extend its reach in the PRC. The companies also plan to explore innovative marketing and distribution models including cross-border e-commerce.

Alibaba Group will spend $139 million to acquire a larger stake in the publicly traded mail carrier and invest another $68 million in its logistics subsidiary to facilitate cross-border e-commerce.

MYbank, one of China’s first privately owned Internet banks, debuted today, promising to provide “inclusive and innovative financial solutions” at lower cost to under-banked urban and rural consume

Alibaba Group Executive Chairman Jack Ma may be the chief of the world’s largest e-commerce company by sales volume and a multi-billionaire, but he hasn’t forgotten what it’s like to run a struggli

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China may be a long way from major markets in North America and Europe, but Alibaba is setting an ambitious goal of delivering an online order from China to anywhere in the world within three days.

What is cross-border e-commerce?

 

Through a partnership with e-commerce giant Alibaba Group, the Pac-12 Conference will become the first U.S. sports league, collegiate or professional, to host a regular-season contest on the mainland.

To build a deep bench of future company leaders who have an international mindset, Alibaba Group today announced the launch of its first talent-recruitment program offering on-the-job training to MBA students from top business schools worldwide.

Along with its quarterly earnings report today, Alibaba Group announced that its Chief Operating Officer Daniel Zhang has been named CEO of the Chinese e-commerce leviathan. Read on for Zhang's bio.

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