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Alibaba

LVMH Expands Partnership With Alibaba Group to Deploy AI in China

The French luxury group aims to deliver cutting-edge retail experiences within China's e-commerce ecosystem…

The Clock Is Ticking at Farfetch

Sources on both sides of the Atlantic say that if Farfetch doesn't find a new investor in the coming days, it…

Farfetch Stock Jumps 22.8% on Hopes of José Neves Buyout

The luxury platform canceled its earnings update and pulled its guidance after a report that the founder and…

Alibaba Halts Cloud Spin Off, Revenue Grows 9% in Q3

Shares tumbled around 10 percent after the announcement on Thursday.

Singles’ Day 2023: E-commerce Giants Ignite Price Wars as Bargain-hunters Take Charge

Sales Friday and Saturday dropped 9.75 percent compared to last year, reflecting a more general mood of…

Alibaba’s Daniel Zhang Steps Down Unexpectedly

Zhang will be succeeded by Eddie Yongming Wu, chief executive officer and director of Alibaba.

Alibaba Delivers Unexpected Growth in Second Quarter

Second-quarter revenue grew 14 percent to reach $32.29 billion, beating analysts' estimates.

Shares in Asos Rocket After Report of Approach by Alibaba-backed Turkish Retailer

Shares of Asos shot up Monday after it was reported that the company received a $1.24 billion approach last…

Alibaba Logs 2 Percent Growth, Unveils Spin-off IPO Plans

Gross merchandise value on Taobao and Tmall resumed growth in the month of March, driven by strong…

Sustainable Shampoo Bars, Organic Face Serum, Eco-friendly Toys Lead in Alibaba Searches

The company vets its products and suppliers per a number of recognized certifications.

Alvin Liu to Lead Tmall Fashion, Beauty, Global and Luxury Pavilion Business

Under a new framework set up by Trudy Dai, the Taobao Tmall Business Group will have three leaders focusing…

Tmall’s Janet Wang on Luxury Prospects in China

The executive estimates there are 100 million potential online customers for luxury goods in the country.

Alibaba Forms Six Business Units, Shifts to Holding Company

Wall Street approved of the change, which comes at a time of increased scrutiny for businesses in China.

Revolutionizing the Online Luxury Experience

Alibaba's Tmall Luxury Pavilion transforms the way brands engage consumers.

Alibaba’s Joe Tsai, Musician Jon Batiste and Others Honored With Jacqueline Kennedy Onassis Medals

The Municipal Arts Society celebrated four individuals who excel in philanthropy and inclusivity.

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