alibaba

Alibaba Group Holding Limited, also known as Alibaba Group and as Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.

Didi Chuxing And Alibaba’s Ant Financial Offer $2B for Bike-Sharing Startup Ofo

Didi Chuxing And Alibaba’s Ant Financial Offer $2B for Bike-Sharing Startup Ofo
Didi Chuxing And Alibaba’s Ant Financial Offer $2B for Bike-Sharing Startup Ofo
August 03, 2018  |  Partnerships / Acquisitions

Didi Chuxing and Alibaba’s Ant Financial are negotiating a deal for a joint buyout of bike-sharing startup Ofo for $2 billion, according to a new report that cited a...

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Starbucks-Alibaba Deal Does Coffee Runs In Reverse
Starbucks-Alibaba Deal Does Coffee Runs In Reverse
August 03, 2018  |  Delivery

Talk about interesting delivery mashups: Starbucks and Alibaba partner to enable the delivery of Starbucks products to Chinese consumers as part of a deal that...

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China Launches Inquiry Into Fake Goods On Pinduoduo
China Launches Inquiry Into Fake Goods On Pinduoduo
August 01, 2018  |  eCommerce

Regulators in China have reportedly launched an investigation into Pinduoduo following on the heels of media reports that third-party vendors are selling fake goods on...

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Starbucks, Alibaba Pair On Coffee Delivery
Starbucks, Alibaba Pair On Coffee Delivery
July 31, 2018  |  Partnerships / Acquisitions

Starbucks and Alibaba are teaming up on coffee delivery in China. According to Reuters, Starbucks is trying to regain its footing after a sales slump...

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Ant Financial Is Turning Chinese Banking On Its Head
Ant Financial Is Turning Chinese Banking On Its Head
July 30, 2018  |  Digital Payments

Ant Financial Services, the Chinese payment affiliate of Alibaba, has created a massive FinTech company that is turning Chinese banking on its head as the...

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Alibaba Backs Chinese Face ID Firm Megvii
Alibaba Backs Chinese Face ID Firm Megvii
July 24, 2018  |  Investments

Megvii Inc., the developer of facial recognition system Face++, is reportedly raising at least $600 million from investors including Alibaba and Boyu Capital. Get the...

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Five At Five: IBM’s Cryptocurrency Move
Five At Five: IBM’s Cryptocurrency Move
July 17, 2018  |  News

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes a digital coin push involving...

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Alibaba Food Delivery Service Seeks $2B For Expansion
Alibaba Food Delivery Service Seeks $2B For Expansion
July 17, 2018  |  Investments

Ele.me, the food delivery platform acquired by Alibaba Group, is looking for $2 billion in new financing to help it take on rival Meituan Dianping....

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Groupon Says It Wants To Be Bought
Groupon Says It Wants To Be Bought
July 09, 2018  |  Partnerships / Acquisitions

Groupon, the daily deal website operator, is reportedly looking for a buyer and has been reaching out to potential buyers. Get the Full Story Complete...

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