Posted by: Tom Telford on Aug 25 2010

E-commerce company Alibaba.com Limited (1688.HK) has agreed to acquire Auctiva, a third-party developer of tools for vendors on e-commerce site eBay (Nasdaq:EBAY). Auctiva has more than 170,000 active users, according to the report...

Posted by: Sarah Wu on Aug 17 2010

Alibaba.com (1688.HK) is in talks to acquire a non-controlling stake in Shenzhen-based import and export service provider One Touch, 21st Century Business Herald reported August 16 citing an unnamed senior official from One Touch...

Posted by: Tom Telford on Aug 10 2010

Business-to-business e-commerce company Alibaba.com (1688.HK) recorded net income of RMB 692.96 million in the first half of 2010, up 39.8% year-on-year, which the company attributed a larger paying customer base generating increased revenues, in its interim financial report released August 10...

Posted by: Sarah Wu on Jun 30 2010

Alibaba.com's (1688.HK) wholesale e-commerce site 1688.com will launch a channel for industrial equipment at mro.1688.com on June 30, ccidnet.com reported June 29. The new channel offers 23 categories of goods including machinery, electronics, hand tools and security system components and offer 62% discounts on its opening day, according to the report.

Alibaba released its wholesale site at 1688.com in early March...

Posted by: Tom Telford on Jun 02 2010

Alibaba Group's individuals-focused e-commerce site Taobao.com and Yahoo's (Nasdaq:YHOO) Japan subsidiary Yahoo! JAPAN (Jasdaq:4689) began operating online shopping services connecting Japanese and Chinese consumers with vendors in the opposite countries...

Posted by: Sarah Wu on May 14 2010

The Hang Seng Index declined 1.36% to close at 20,145.43 on May 14, in main board trading turnover of HK$67.18 billion. The Hang Seng China Enterprises Index went down 1.2%.

Banking and insurance big cap stocks provided much downward momentum, with HSBC Holdings (NYSE:HBC, LON:HSBA, 0005.HK) falling 2.8%, Ping An Insurance (2318.HK) losing 1.97% and China Life Insurance Co...

Posted by: Tom Telford on May 13 2010

Business-to-business e-commerce company Alibaba.com's (1688.HK) net income for the first quarter of 2010 climbed 33.8% year-on-year and 17.4% quarter-on-quarter to RBM 330 million, the company announced May 15...

Posted by: Ana Swanson on Apr 27 2010

E-commerce company Alibaba.com Limited (1688.HK) and eBay (Nasdaq:EBAY) online payment services company PayPal jointly announced April 26 that e-commerce platform AliExpress plans to offer PayPal services, to allow businesses to source goods in their preferred local currency...

Posted by: Tom Telford on Apr 26 2010

Alibaba.com (1688.HK) has formally launched AliExpress, an e-commerce platform offering smaller-quantity orders, instant online transactions, and an escrow service, the company reported April 25. Alibaba.com said it will invest more than $100 million in developing AliExpress.

March reports said Alibaba.com had secured a preliminary agreement with eBay (Nasdaq:EBAY) online payment tool PayPal for the AliExpress service.

Posted by: Cherry Zhang on Mar 19 2010

Hangzhou-based business-to-business (B2B) e-commerce company Alibaba.com (1688.HK) has officially entered the Brazilian market through its partnership with local company Luda Trade, Xinhuanet.com reported March 19...

Posted by: Cherry Zhang on Mar 15 2010

Hangzhou-based business-to-business (B2B) e-commerce site Alibaba.com (1688.HK) has launched a RMB 1 billion credit guarantee fund for small and medium-sized businesses, 163.com reported March 15. Alibaba.com CEO David Wei said the fund will pay out compensation while trade disputes are settled, and that the company's recently released wholesale e-commerce site 1688.com will also offer the "up-front" compensation service, the report said...

Posted by: Cherry Zhang on Mar 12 2010

AliExpress, Alibaba.com's (1688.HK) business-to-business platform for international customers, continues to grow and has not run into obstacles, Alibaba.com's PR department said, cnsoftnews.com reports...

Posted by: Cherry Zhang on Mar 11 2010

An unnamed source says that business-to-business e-commerce site Alibaba.com (1688.HK) CEO David Wei has contacted eBay (Nasdaq:EBAY) about using eBay's online payment tool PayPal for AliExpress, a B2B platform for international customers, reports qq.com...

Posted by: Cherry Zhang on Mar 09 2010

Hangzhou-based business-to-business (B2B) e-commerce company Alibaba.com's (1688.HK) wholesale e-commerce site 1688.com recorded visitor traffic of over 6.39 million and transaction volume of 3.06 million products on its first day of operation, March 8, reports Sina...

Posted by: Cherry Zhang on Mar 08 2010

Hangzhou-based business-to-business (B2B) e-commerce site Alibaba.com (1688.HK) launched a wholesale e-commerce site at 1688.com on March 8, pcpop.com reports. The new site shows Alibaba.com's Chinese-language page, DoNews reported the same day.

Alibaba.com plans to spend RMB 100 million advertising the new site, through channels including China Central Television (CCTV), and is also holding promotions with giveaways of RMB 1,688 in cash or mobile phone charge cards, according to the pcpop.com report...