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…

7 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,…

7 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…

8 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…

9 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…

9 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…

9 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…

9 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…

10 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…

10 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…

11 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…

12 years ago