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Tag: alibaba
Alibaba to buy 33% stake in Ant Financial
2018-02-01 13:17:00| Telecompaper Headlines
(Telecompaper) Alibaba announced an agreement to buy a 33 percent stake in Ant Financial, operator of the Chinese payment system Alipay, which was spun off from Alibaba in 2011. The no-cash deal is in exchange for Ant stopping royalty payments to Alibaba, a move that could pave the way for Ant Financial to seek its own stock market listing.
Tags: buy
financial
alibaba
ant
Ford and Alibaba explore strategic collaboration to reimagine vehicle ownership experience, expand mobility services
2017-12-07 21:56:07| Green Car Congress
Tags: services
experience
expand
explore
Alibaba buys stake in Chinese hypermarket chain Sun Art
2017-11-20 10:50:27| BBC News | Business | UK Edition
The purchase marks a move into grocery retailing, where online operators have often struggled.
Alibaba revenues surge 61% on online shopping
2017-11-03 02:18:40| BBC News | Business | UK Edition
The Chinese e-commerce giant is expanding into bricks-and-mortar stores to fuel growth.
Tags: online
shopping
revenues
alibaba
Alibaba investing $15bn in technology R&D drive
2017-10-12 18:30:00| Daily apparel & textile news and comment - from just-style.com
Chinese online retail giant Alibaba has launched a new global programme that will see it invest more than US$15m in the research and development of technology over the next three years, with the opening of seven research labs in China, the US, Russia, Israel and Singapore.
Tags: technology
drive
investing
alibaba
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