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Latest Alibaba Group Holding Ltd. Stories

2014-04-03 00:22:32

BEIJING, April 2, 2014 /PRNewswire/ -- Intime Retail (Group) Company Limited ("Intime Retail", 01833.HK) and Alibaba Group Holding Ltd. ("Alibaba Group") are pleased to announce that Alibaba Group will make HK$5.37 billion strategic investment in Intime Retail. The two giants will integrate respective superior resources with a view to establishing a future commercial infrastructure system which fuses online and offline shopping and will be open to the whole society to help promote...

Yahoo, Alibaba Negotiating Swap Of Assets
2012-02-11 04:49:57

Yahoo and its longtime Chinese partner Alibaba are in the midst of complex negotiations to restructure the California-based web portal and search engine company's Asian holdings, various media outlets reported on Friday. According to Prudence Ho of the Wall Street Journal, Alibaba Group Holding Ltd. is attempting to borrow $3 billion in order to re-purchase shares currently held by Yahoo, Inc. She reports that six banks (Australia and New Zealand Banking Group Ltd., Credit Suisse Group...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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