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Alibaba.com
The Alibaba.com app is a leading wholesale mobile marketplace for global trade. Consumers can buy products from suppliers around the world from their mobile devices. Alibaba.com covers a wide range of categories, including hot and trending products.
US Government Won't Ban Investments In Alibaba, Tencent, Baidu
January 13, 2021
The U.S. government will allow Americans to keep investing in Chinese tech firms Alibaba, Tencent and Baidu after the economic impact of banning them was deemed greater than any threats, The ...Report: Alibaba Founder Ma OK But 'Lying Low'
January 5, 2021
After a short period of time in which Alibaba Founder Jack Ma’s whereabouts were unknown, CNBC has reported that Ma is not missing
Ma, according to the report, has been “lying ...Jack Ma Out Of Spotlight As Chinese Regulators Pounce
January 4, 2021
The eCommerce billionaire Jack Ma has been in the eye of the storm as China’s regulators have flexed their muscles and taken on FinTech companies. However, Alibaba Group Founder Ma ...Top 4 Chinese Tech Firms Shed $200 Billion As Regulators' Alibaba Probe Scares Away Investors
December 28, 2020
Alibaba led another day of high-octane selling that was driven by fears of further antitrust crackdowns, Bloomberg reported.
Large Chinese companies, including Alibaba and rivals Tencent, food delivery giant Meituan and ...Chinese Officials Join US Politicians In Suddenly Falling Out Of Love With Big Tech
December 28, 2020
Big Tech is falling out of favor not just in the West, but in China as well. Recent regulatory crackdowns on Ant Group, Alibaba and Tencent show that China’s former ...China's Market Regulator Investigates Merchant Claims Against Alibaba In Antimonopoly Probe
December 27, 2020
The Chinese government’s previously announced antitrust investigation of Alibaba Group Holding Ltd. is focusing on whether the internet giant refused access to its online marketplace to vendors that also wanted ...China’s Antitrust Regulators Fine Alibaba, Tencent Subsidiary For Past Deals
December 14, 2020
China’s antitrust regulators are taking more strident action in reviewing mergers and other deals made by players in that nation’s booming internet sector.
On Monday (Dec. 14), China’s State Administration for ...Luxury Retail’s 2020 Journey Goes From Up To Down To East And Online
December 7, 2020
If you happen to be sitting on an extra $200,000 and are looking for a special gift for that certain someone, you’d better hustle over to the Luxury Week online ...Alibaba On Facilitating Cross-Border Trust To Boost International Commerce
December 2, 2020
SMBs are going global as they look across borders for new business, but they must convince prospective buyers that transacting with them will be easy and convenient, says Kivanc Onan, ...Today In Payments: Amazon Sellers Ring In $4.8 Billion In Holiday Sales; DoorDash Valuation Could Hit $28 Billion
December 1, 2020
In today’s top news, sellers on Amazon made more than $4.8 billion from Black Friday through Cyber Monday, and DoorDash could see a valuation of $28 billion from its IPO. ...Alibaba Bridges Cross-Border B2B Buyer-Seller Trust Gap
December 1, 2020
Legacy cross-border payment methods that may have been inconvenient but endurable in 2019 no longer serve firms’ needs in 2020.
Last year saw 68 percent of companies using wire transfers to ...Cross-Border eCommerce Gains Momentum
November 23, 2020
The holidays are upon us, and as we all get ready for the virtual feasts, the pandemic has in one sense put up some borders between people and knocked others ...Alibaba Retail Exec: Chinese Consumers Spending More Amid Pandemic
November 17, 2020
Shoppers in China are making up for lost time, throwing money at luxury goods and cosmetics amid the COVID-19 pandemic, according to a CNBC report on Tuesday (Nov. 17).
Chen Xiaodong, ...Singles’ Day Orders From Europe Helped Alibaba Smash Sales Records
November 12, 2020
Alibaba smashed Singles’ Day sales records this year with help from an aggressive push into European and other foreign markets.
Alibaba notched sales worth more than $74 billion in gross merchandise ...Alibaba Single’s Day 2020: $74.1 Billion New Record Setting Performance
November 11, 2020
Alibaba’s Singles Day performance on Wednesday (Nov. 11) shows that the Chinese consumer is back — big time. Singles Day — Alibaba’s popular shopping holiday that takes place every Nov. ...Today In Payments: China’s Singles’ Day Sales Hit $56B; Lyft Considers Moving Into Delivery Sector
November 11, 2020
In today’s top news, Alibaba’s Singles’ Day in China has brought in $56 billion thus far, and Lyft is launching a delivery service. Plus, the Department of Justice approved Uber’s ...Today In Payments Around The World: LinkAja Closes Grab-Led $100M Series B; Kuda Lands $10M For Mobile-First Services
November 11, 2020
In today’s top payments news around the world, Indonesian FinTech LinkAja closed a Series B funding round headed up by Grab, while Nigeria-based Kuda landed $10 million after a funding ...China’s Singles’ Day Post-Pandemic Sales For Alibaba Hit $56B
November 11, 2020
Singles’ Day in China is exceeding expectations, with Alibaba posting $56 billion in sales by Wednesday morning (Nov. 11), according to a Reuters report.
“Because of COVID-19, many Chinese cannot go ...Alibaba’s Singles’ Day Will Double As Economic Barometer
November 10, 2020
China’s 1.4 billion people will mark Singles’ Day – the country’s exponentially larger answer to America’s Black Friday or Prime Day events – on Wednesday (Nov. 11), with analysts expecting ...Alibaba Gets Into The Garment Manufacturing Business
November 10, 2020
As most companies rush to grow their online presence, Alibaba is actively seeking to expand its offline footprint through its new manufacturing division, Xunxi.
The Chinese tech giant recently opened three ...Ant Group’s IPO Woes Could Slash Valuation In Half To $140B
November 9, 2020
Ant Group‘s stalled initial public offering (IPO) could cut the company’s valuation in half, with one report putting the firm’s value at just $140 billion. That’s a 50 percent drop ...Digitization, Ant Financial IPO Troubles Show Up In Alibaba Earnings
November 5, 2020
As expected, the Ant Group initial public offering (IPO) suspension was a factor in Alibaba’s earnings announced Thursday morning (Nov. 5), as China’s largest eCommerce company posted a solid revenue ...Alibaba Earnings Preview: Distractions Hang Over Jack Ma’s Core Company
November 4, 2020
Regardless of what happens as Alibaba’s earnings are announced Thursday, one story will hang over the proceedings. Alibaba Co-founder Jack Ma is also the founder of Ant Group. Anyone not ...Ant Group IPO Delay Costs Alibaba Billions In Value As Stock Drops
November 3, 2020
Jack Ma has seen his net worth plunge by $3 billion after the Ant Group double initial public offering (IPO) was suspended on Tuesday (Nov. 3) by Chinese regulators, according ...Ant Group’s IPO Journey Faces Regulatory Hill – Is Lending In Crosshairs?
November 3, 2020
For Ant Group, for Alibaba, and for the biggest IPO ever, it’s a case of hurry up and wait.
As noted by CNBC on Tuesday (Nov. 3), stock exchanges in Shanghai and Hong ...Alibaba Will Have Early Start To Singles Day In November
October 30, 2020
In a move that will likely see a large rise in sales, Alibaba Group Holding Ltd will begin its Singles Day shopping event ahead of schedule in 2020, Reuters reported ...Survey: Chinese Consumers Expect To Spend More On Alibaba's 2020 Singles' Day
October 28, 2020
“Singles’ Day” in China is a 24-hour shopping marathon that boasts the biggest sales on earth of any day of the year.
However, this year’s Singles Day shopping extravaganza, which was ...Ant Group IPO Pricing Could Reach $35B, Report Says
October 25, 2020
Alibaba founder Jack Ma has said the upcoming dual listing for Ant Group is “the largest in human history,” according to Reuters.
Ma also noted that it’s the first time such ...Ant Group Moves Ahead With $35B IPO After China's OK
October 22, 2020
Ant Group has won the nod from China’s top security regulators for its Shanghai offering, the last hurdle to clear for what’s expected to be a $35 billion dual listing, ...The Global Grocery Race And The Digital Consumer
October 19, 2020
Alibaba and its big grocery play have grabbed some global attention this week as the eCommerce giant has invested $3.6 billion for a controlling stake in the “hypermarket” operator Sun ...Today In Payments Around The World: SIBS Takes Payments Infrastructure International; Alibaba Wagers On China Online Grocery
October 19, 2020
In today’s top payments news around the world, Portuguese payments provider SIBS is taking its payment platform international, while Alibaba has invested $3.6 billion for a controlling stake in Sun ...Alibaba Bets $3.6B On Chinese Online Grocery Sun Art Retail Group
October 19, 2020
In a quest to dominate online food shopping in China, Alibaba invested $3.6 billion for a controlling stake in the hypermarket operator Sun Art Retail Group, Alibaba said in a ...Report: Trump May Put Ant Group On Trade Blacklist
October 14, 2020
The U.S. State Department has proposed President Donald Trump add FinTech Ant Group, which has strong ties to the Alibaba Group empire, to a list of foreign companies to which ...Today In Payments Around The World: Nuvemshop Lands $30M In VC Round; Alibaba Speeds Up US Push With ShipStation Integration
October 14, 2020
In today’s top payments news around the world, Nuvemshop, a LATAM alternative to Shopify, has notched $30 million in a venture capital round, while Alibaba is going deeper with its ...Alibaba Accelerates US eCommerce Push With ShipStation Integration
October 13, 2020
Alibaba is deepening its partnership with Austin-based ShipStation as the eCommerce and tech giant faces pressure to expand globally beyond its core market in China and Southeast Asia.
On Tuesday (Oct. ...Ant Group Reels In Small Investors As IPO Nears
October 12, 2020
FinTech company Ant Group continues to press toward having the biggest initial public offering (IPO) ever, with returns at an estimated $35 billion. Ant Group is the online payment affiliate ...Crafting The Better B2B ‘Customer’ Experience
October 6, 2020
“April is the cruelest month,” wrote TS Eliot.
His calendar was bit off.
At least insofar as 2020 has shaped up, and especially where B2B payments have been concerned.
March turned out to ...Alibaba To Buy Multimillion-Dollar Stake In Duty-Free Retailer Dufry
October 5, 2020
Alibaba Group Holding Co. continues to capitalize on growth opportunities. The latest: China’s digital economy giant has struck a multimillion-dollar deal to buy as much as a 9.99 percent stake ...Ant Group Launches B2B X-Border Blockchain Trading Platform
September 25, 2020
As Ant Group, the online payment provider, prepares to go public, the China-based company has launched Trusple, a blockchain platform for cross-border trade by small- and medium-sized businesses (SMBs) to ...Ant Group's Planned IPO Could Raise A Record $35B
September 21, 2020
Ant Group, the online payment provider for China-based Alibaba Group Holding Ltd., is seeking a record return of at least $35 billion as it goes public in the Hong Kong ...