8 months ago Alibaba Separates International and Domestic Commerce Operations, Names New CFO Alibaba Group has reorganized its consumer and wholesale commerce divisions and named current Deputy CFO Toby Xu to succeed Maggie Wu as…
1 year ago China’s Antimonopoly Fine Leads to First Quarterly Loss for Alibaba Since Going Public The number of active users on Alibaba Group’s ecommerce platforms topped 1 billion for the first time in fiscal year 2021, but…
2 years ago Buoyed by 11.11 Festival, Alibaba Posts Strong Q3 with Revenue Up 37% Alibaba Group recorded revenue of RMB 221 billion ($33.9 billion USD) in Q3 2020, a period that included the annual Singles’ Day…
4 years ago Alibaba Strengthens Presence in Thailand With $320 Million Investment Alibaba is investing $320 million in the Thai government’s Eastern Economic Corridor, according to Reuters. The deal will strengthen the presence Alibaba…