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Tag: alibaba
Alibaba to invest $294m in AutoNavi
2013-05-10 02:00:00| Total Telecom industry news
Deal to help company offer location-based e-commerce services to Chinese smartphone users.
What next for China's Alibaba?
2013-05-09 23:19:03| BBC News | Business | UK Edition
What is the future for China's Alibaba without Jack Ma?
China's Alibaba in profits surge
2013-05-08 06:44:28| BBC News | Business | UK Edition
Alibaba, China's biggest e-commerce group, sees its profits nearly tripled, according to a regulatory filing by shareholder Yahoo.
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Alibaba buys stake in China's Weibo
2013-04-30 03:07:27| BBC News | Business | UK Edition
Alibaba, China's biggest e-commerce group, buys an 18% stake in Weibo, China's Twitter-like service, as it looks to tap into the social media sector.
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Alibaba buys 18% stake in Weibo for USD 586 mln
2013-04-29 15:38:00| Telecompaper Headlines
(Telecompaper) Chinese e-commerce company Alibaba has acquired an 18 percent stake in Chinese microblogging service Weibo for USD 586 million. Alibaba bought the stake as part of a broader alliance with Weibo's owner Sina to develop new e-commerce and marketing services over the social network. Sina, which runs China's biggest web portal, will cooperate with Alibaba in the areas of user account connectivity, data exchange, online payment and online marketing, among other things, as well explore new business models for social commerce based on the interactions of the hundreds of millions of users on Weibo and Alibaba's e-commerce platforms. The strategic alliance is expected to generate USD 380 million in advertising and social commerce services revenues for Weibo over the next three years. Alibaba also receives an option to increase its stake in Weibo to 30 percent in future.
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