Tag: Alibaba
Space Cycle Raises $16M Led by Alibaba Taiwan Entrepreneurs Fund
Space Cycle, the leading premium boutique fitness and active lifestyle brand, announced today that it has closed a RMB100 million ($16 million) Series B...
Ant Financial Expands Global Footprint with MoneyGram Acquisition
Ant Financial, the financial arm of Chinese e-commerce giant Alibaba, is further expanding its global footprint with the acquisition of American money transfer firm...
Alibaba Acquires South China Morning Post, To Take Down Paywall
Chinese Internet giant Alibaba Group agreed to buy the media assets of the South China Morning Post (SCMP) Group, including its English language newspaper...
Alibaba Allows Japanese Shops and Brands to Sell on Tmall
Japanese cosmetics and other goods will soon be sold on Alibaba as the Chinese e-commerce giant signed a collaboration agreement with Yahoo Japan.
Under the...
Gucci, Yves Saint Laurent Sue Alibaba Over Counterfeit Goods
NEW YORK - Global luxury brands Gucci, Yves Saint Laurent and other brands owned by Paris-based Kering SA have filed a lawsuit in Manhattan...
Alibaba Names New CEO; Alimama President Also Appointed
SHANGHAI – Alibaba Group Holdings has named Daniel Zhang, the group’s current chief finance officer, as its new Chief Executive officer starting 10 May,...
Snapchat Now Valued At USD15 Billion After Alibaba’s USD200-Million Investment
There seems to be no stopping Alibaba from further investing in Silicon Valley as it aims to build up its mobile services.
Reuters reported that...
437 Million Alibaba Shares to be Sold Publicly
Alibaba Group Holding Ltd's 180-day post-IPO lockup expires March 18, following its record-setting IPO last September, allowing about 437 million shares or roughly 18%...
