Chinese apps including from JD.com and Alibaba complete data compliance process
By Casey Hall SHANGHAI (Reuters) – China’s Cyber Security Association released on Tuesday a list of 62 apps, including from JD.com and Alibaba, which have completed personal data collection and…
Alibaba founder Jack Ma steps out from shadows with long internal post
By Casey Hall SHANGHAI (Reuters) – Alibaba co-founder Jack Ma has penned a rare lengthy memo to employees that expresses support for the internet giant’s restructuring efforts, a sign that…
Alibaba plans to invest $1.1 billion in South Korea
By Shivani Tanna (Reuters) – Alibaba Group plans to invest $1.1 billion in South Korea over the next three years to build a logistics center and expand businesses, South Korean…
Alibaba Cloud announces steep price cut in race for AI customers
By Josh Ye HONG KONG/SHANGHAI (Reuters) – China’s Alibaba Cloud on Thursday said it will slash prices of some of its products by as much as 55%, its most severe…
Alibaba boosts share buy back as revenues miss estimates
By Casey Hall and Harshita Mary Varghese SHANGHAI (Reuters) – China’s Alibaba Group Holding on Wednesday missed analysts’ estimates for third-quarter revenue, hurt by a weak retail environment and faltering…
JD.com wins antimonopoly lawsuit against Alibaba
By Sophie Yu, Li Qiaoyi, and Casey Hall BEIJING (Reuters) – Chinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was fined 1…
Alibaba must face lawsuit in US over counterfeit Squishmallows
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Wednesday rejected Alibaba’s bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of…
Belgian intelligence service monitors Alibaba hub over ‘espionage’ worry
By Jyoti Narayan (Reuters) – Belgium’s intelligence service has been monitoring the main logistics hub in Europe of China’s Alibaba Group Holding over concern about possible espionage, the Financial Times…
Alibaba’s outgoing CEO Daniel Zhang quits cloud business in surprise move
By Brenda Goh SHANGHAI (Reuters) – China’s Alibaba Group on Sunday announced that Daniel Zhang will step down from its cloud business, in a surprise move just two months after…
Alibaba’s quarterly revenue beats despite China’s sputtering economy
By Casey Hall and Yuvraj Malik (Reuters) – China’s Alibaba Group Holding reported its strongest quarterly revenue growth in almost two years on Thursday as its domestic e-commerce unit focuses…