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Alibaba sees revenues rise sharply

2015-10-27 12:22:17| BBC News | Business | UK Edition

Chinese e-commerce giant Alibaba reports a sharp rise in sales as more customers spend money through the online retailer.

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Henkel, Alibaba Form Partnership

2015-10-19 07:00:00| Happi Breaking News

Tmall to carry Schwarzkopf hair care line.

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Alibaba makes USD 3.6 bln bid for Touku Tudou

2015-10-16 15:09:00| Telecompaper Headlines

(Telecompaper) Alibaba said has it has made a bid for the shares it does not already own in Chinese internet TV company Touku Tudou of USD 26.60 per share in cash, or a total of USD 3.6 billion. Alibaba already has a stake in the company of 18.3 percent. The proposal is subject to satisfactory completion of due diligence by Alibaba and the negotiation of a mutually acceptable definitive merger agreement. Under Alibaba's proposal, Youku founder Victor Koo would continue to lead the business as chairman and chief executive officer. Alibaba is making the proposal with the support of the founding shareholders of Youku, including Victor Koo, Chengwei Capital and their affiliates.

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Alibaba opens 2nd data centre in US, looks towards Europe

2015-10-09 09:20:00| Telecompaper Headlines

(Telecompaper) Alibaba Group has opened its second data centre in Silicon Valley, in line with its USD 1 billion global push into the cloud computing business, Bloomberg reported. The centre will be aimed at customers on the US West Coast in the next three to five years, said Ethan Yu, who is leading the AliCloud unit's international expansion. Alibaba is planning its first data centre in Europe in the first half of 2016, Yu said. Alibaba believes internet-based computing and big data will boost growth in the next decade, tapping into demand for processing and storage from governments, finance and online gaming companies. Yu said that one strong competitor will be Amazon Web Services, with both Alibaba and Amazon addressing a fast-growing market. "As a competitor there are a lot of things we could learn from them, but there's also a lot of ways we can differentiate ourselves," he added.

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Covered Call Alerts For Alibaba, Amgen, Windstream, Lumber...

2015-10-08 18:12:43| Grocery - Topix.net

To see the high-return covered-call trades uncovered by InvestorsObserver's analysts, read the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. Today's PriceWatch Alerts cover the following stocks: Alibaba , Amgen , Windstream , Lumber Liquidators , BP .

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