alibaba

Ant Financial to Buy MoneyGram for $880 Million

Alibaba’s digital payments arm, Ant Financial, is buying US-based MoneyGram for $880 million. MoneyGram has about 350,000 outlets in nearly…

8 years ago

Singles Day 2016: Chinese to Spend $20BN In World’s Biggest Shopping Event

Alibaba looks set to smash the sales record for its annual Singles Day event. About 12 hours into the event,…

8 years ago

Singles Day 2015: Alibaba Breaks Sales Record

Alibaba has broken its own record for sales on China's Singles Day, the world's biggest online shopping event. The e-commerce…

9 years ago

Alibaba deal boosts Snapchat value at $15 billion

Alibaba is investing $200 million into a stake in photo messaging application Snapchat. That values Snapchat at nearly $15 billion…

10 years ago

Apple Watch copies on sale on Alibaba’s Taobao

Cheap Apple Watch copies are being advertised on Alibaba’s Taobao, China's most popular online shopping service. Taobao site lists devices…

10 years ago

Alibaba considers issuing first US bond sale

Alibaba will meet with investors next week as it considers issuing its first US bond sale. The Chinese e-commerce giant…

10 years ago

Singles Day 2014: Alibaba sells $2 billion of goods in first hour of world’s biggest online retail sales day

Alibaba has sold $2 billion of goods in the first hour of China's annual Singles' Day (Guanggun Jie). That compares…

10 years ago

Alibaba shares priced at $68 ahead of NYSE flotation

Alibaba shares have been priced at $68, the top end of the range, in a sign of strong investor appetite…

10 years ago

Alibaba invests $215 million in free mobile messaging service Tango

E-commerce giant Alibaba has invested $215 million in free mobile messaging service Tango. US-based Tango has 200 million users and…

11 years ago

Alibaba announces plans for US flotation

Online retailer Alibaba Group has announced plans for a flotation in the US. The Chinese e-commerce giant said the move…

11 years ago

Alibaba buys 18% stake in Weibo for $586 million

China's biggest e-commerce group Alibaba has bought an 18% stake in Weibo, China's largest Twitter-like service, as it looks to…

12 years ago

Pinterest clones invade China’s web world

Pinterest clones have flooded China's web world - only months after the original social photo-sharing website reached massive popularity. Pinterest…

13 years ago