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Latest Jack Ma Stories

2009-10-26 06:27:00

BARNSTEAD, N.H. and CHONGQING, China, Oct. 26 /PRNewswire-Asia-FirstCall/ -- Pay88, Inc. (OTC Bulletin Board: PAYI), announced today that it has entered into a distribution agreement with Alibaba.com Limited (HKSE: 1688.HK). Through its wholly-owned subsidiary Qianbao Technology, Pay88 will act as a distributor for Alibaba in Chongqing and the greater southwestern regions of China where Pay88 has an already-established network of users. Alibaba.com Limited (HKSE: 1688.HK) is the...

2009-08-12 07:00:00

WUHAN, China, Aug. 12 /PRNewswire-Asia/ -- What is the strongest drive in recession? When the good old days with the crazy bull market and the hot money flow has gone, when the global crisis really results in Chinese mainland-based economic transformation from "outside" to "inside", when the "fatal" problems such as decline in sales, drop in export, rise in cost are challenging each business, when Jack Ma stressed that the crisis also means the opportunity in the risk, we are...

2009-06-10 06:00:00

BEIJING, June 10 /PRNewswire-Asia/ -- Youku, China's leading Internet video website, today announced that it has partnered with the top Chinese e-commerce platform Taobao to offer a new video gallery feature for Taobao merchants. The service will launch in May, with Youku as the technology solution provider for the Taobao video gallery. The two companies will share revenues generated from this service. Using Youku's application programming interface (API), trusted Taobao retailers...

2009-05-07 14:28:00

SAN FRANCISCO, May 7 /PRNewswire/ -- Alibaba.com, the world's leading B2B ecommerce company, is expanding its U.S. presence this year and has named Traction (www.tractionco.com), a leading San Francisco-based advertising agency, as its agency of record to develop advertising, brand and interactive communications. The agency will partner with Mediasmith (www.mediasmith.com), a leader in digital media strategy and execution. Alibaba.com enables small businesses and entrepreneurs to enter global...

2009-03-31 01:05:00

BEIJING, March 31 /PRNewswire-Asia/ -- Alisoft, a wholly-owned subsidiary of Alibaba Group, today announced that it will offer free Internet-based management software to all 42 million small- and medium-enterprises (SMEs) in China as part of the Group's ongoing effort to make it easy for SMEs to do business using e-commerce. The software, called "Shopkeeper(TM)", comprises an accounting and finance module in the initial edition to be launched today; an inventory management and a...

2009-02-23 07:00:00

HONG KONG, Feb. 23 /PRNewswire-Asia/ -- The global trade in sports balls may have taken a dramatic bounce for the better because of the 2008 Beijing Olympics, according to data collected by Alibaba.com (HKSE: 1688; 1688.HK), the world's largest business-to-business e-commerce company. Despite the downturn in the worldwide economy, interest in sports showed a significant upturn according to the figures revealed by search requests made on the online international marketplace. Soccer...

2008-12-22 06:00:00

RA'ANANA, Israel, December 22 /PRNewswire-FirstCall/ -- NICE Systems Ltd. (NASDAQ: NICE), the global provider of advanced solutions that enable organizations to extract Insight from Interactions to drive performance, today announced that Chinese e-commerce giant Alibaba.com, the world's leading B2B e-commerce company, placed an initial order for NICE SmartCenter solutions for two of its VoIP contact centers. The NICE solution will provide Alibaba.com with a comprehensive quality...

2008-10-10 06:00:20

Chinese e-commerce company Alibaba.com has announced plans to invest CNY 50bn ($732m) in its consumer auction site Taobao over the next five years. Taobao was founded in 2003, and is China's largest consumer-to-consumer auction site. It has 80 million registered users and over 1 million sellers. It also includes third-party service providers for payment, logistics, and verification, and a network of 400,000 web publishers in its affiliate marketing program. The company plans to open its...

2008-10-08 09:00:43

Taobao, an e-commerce company, has announced that its parent company, Alibaba Group, will invest RMB5 billion over the next five years to further strengthen the Taobao marketplace. According to Alibaba Group, the investment will be used for building a platform for merchants and also enhancing its customers' online shopping experience. Jonathan Lu, president of Taobao, said: "The RMB5 billion investment into the Taobao ecosystem demonstrates our long-term confidence in the Chinese...

2008-10-08 03:00:11

By Davis, Anita BEIJING Chinese search engine Baidu has begun closed beta tests of an e-commerce site that the company hopes will directly rival market powerhouse Alibaba. Baidu has approved up to 10,000 accounts to be testers on the site, which will include business-to-consumer and business-to-business capabilities. According to reports, the site will also offer independent .en domain names, promotion opportunities and customised marketing tools to account holders. Launching the site is...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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