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Tag: alibaba
Amazon v Alibaba
2017-08-03 22:05:39| BBC News | Business | UK Edition
As Amazon launches its Prime Now delivery service in Singapore, Asia's e-commerce market is hotting up.
Alibaba reveals Echo-like smart speaker
2017-07-05 18:05:12| BBC News | Business | UK Edition
China's Alibaba unveils a smart speaker that ties in to its popular online shopping services.
Tags: smart
speaker
reveals
alibaba
Deals this week: Prinova, Alibaba
2017-06-30 01:00:00| Food Processing Technology
Prinova, a food ingredients supplier based in the US, has reached an agreement to acquire the China and the UK premix operations of Lycored.
Tags: week
deals
alibaba
prinova
Alibaba invests USD 1 bln to raise stake in Lazada
2017-06-28 13:51:00| Telecompaper Headlines
(Telecompaper) Alibaba Group is investing another USD 1 billion in the southeast Asia e-commerce platform Lazada in order to increase its stake to 83 percent from 51 percent. The deal gives Lazada valuation of USD 3.15 billion, much higher than when Alibaba first bought its controlling stake for USD 1 billion in April 2016. Alibaba is acquiring the additional shares in the company from existing Lazada shareholders.
Alibaba close to deal to buy ZTEsoft - report
2017-06-28 11:19:00| Telecompaper Headlines
(Telecompaper) Alibaba Group is close to a deal to acquire ZTE's software subsidiary, people familiar with the deal told Bloomberg. Talks to buy ZTEsoft have been underway for several months and could lead to Alibaba paying CNY 2-3 billion for the company, the report said. ZTEsoft provides software support and services to telecom carriers around the world and is expected to help grow Alibaba's cloud computing business.
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