Latest Alibaba Group Stories
HANGZHOU, China, June 19, 2012 /PRNewswire-Asia/ -- Alibaba published its Q1 financial report on April 4th, 2012. According to the financial report, its number of overseas users increased by 38.6% in Q1, indicating that the traffic from user and buyer activity rose; the daily overseas visitors in March grew 30% from the previous year. According to specialists' analysis, the financial report shows that a series of buyer service measures taken by Alibaba have achieved an initial success. It...
HANGZHOU, China, May 29, 2012 /PRNewswire-Asia/ -- On February 9, Alibaba, a leading B2B Company, suspended trading of their stock on the Hong Kong Stock Exchange. Ma Yun, Alibaba's chairman of the board, made a statement saying that they are determined to privatize the Company and to carry on comprehensive reforms in their business in order to serve customers better. There are many doubts over its delisting. Some analysts point out that the problem of its business model is one objective...
VANCOUVER, British Columbia, May 29, 2012 /PRNewswire-Asia/ -- Pennystocksinsiders.com (PSI) has issued insider trading reports and Equity Research for the following companies: Chesapeake Energy (NYSE:CHK), Ford (NYSE:F), Yahoo! (NASDAQ:YHOO), Sprint Nextel (NYSE:S), Freeport-McMoRan (NYSE:FCX), and Chevron (NYSE:CVX). (Logo: http://photos.prnewswire.com/prnh/20120307/HK65974LOGO ) (Read full report by clicking the link below, you may need to copy and paste the full link to...
VANCOUVER, British Columbia, May 22, 2012 /PRNewswire-Asia/ -- Insiderslab.com has issued insider trading reports and Equity Research for the following companies: Yahoo (NASDAQ:YHOO), Oracle (NASDAQ:ORCL), QUALCOMM (NASDAQ:QCOM), Petroleo Brasileiro SA (NYSE:PBR.A), Exelon (NYSE:EXC), and Walt Disney (NYSE:DIS). (Logo: http://photos.prnewswire.com/prnh/20100419/HKM001LOGO ) (Read full report by clicking the link below, you may need to copy and paste the full link to your browser.)...
US Internet pioneer Yahoo, which has been struggling with cash flow and market relevance, has agreed to sell its stake in China’s top e-commerce player, Alibaba, for at least $7.1 billion, the two companies announced this weekend. Negotiations have been a year in the making to get to this point and the transaction will come about in several stages, AFP reports. Yahoo’s interim CEO Ross Levinsohn said in a statement that the agreement will provide “clarity” for Yahoo shareholders....
QINGDAO, China, April 9, 2012 /PRNewswire-Asia/ -- Shandong Communications Import and Export Co., Ltd. (SCIEC), the leading glassware and ceramic ware trade dealer and manufacturer with 11 years membership with Alibaba, one of the world's largest online B2B e-commerce service companies have joined forces to sign a latest updated contract for SCIEC e-commerce marketing on March 1st in Qingdao, China. Based on this cooperation, SCIEC will stride in the first batch of Alibaba...
SHENZHEN, China, March 2, 2012 /PRNewswire-Asia/ -- Compared with large and medium sized companies, micro enterprises are vulnerable groups. It is difficult for them to set up or continue their business model. Since the 2008 financial crisis, a large number of micro enterprises closed. Chinese import and export enterprises' risk-resisting ability has worsened. On February 1, 2012, The Chinese Standing Committee of State Council introduced a policy which further supports the healthy...
Negotiations between Yahoo Inc. and China's Alibaba over the sale of Yahoo’s Asian assets have reportedly hit an impasse, casting doubts on the company’s plans for a $17 billion tax-free asset swap. The sale of Yahoo’s Asian assets, which include stakes in Alibaba Group Holding Ltd. and Yahoo Japan, in a tax-efficient way is a central part of the company’s strategic turnaround plan. News that the deal may now be off the table sent shares of Yahoo’s stock tumbling as much as...
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...
Since Yahoo co-founder Jerry Yang announced his departure, the lifeboats appear to be lowering in what could become a mass exodus from the struggling search portal. Yang also has left the boards of Yahoo Japan and Alibaba Group, a statement from Yahoo noted. At least four other directors are expected to follow Yang from the company soon including Chairman Roy Bostock, Arthur Kern, Vyomesh Joshi, and Gary Wilson, reports Kara Swisher for All Things D. Yang co-founded Yahoo with David...
