Posted by: Ana Swanson on Nov 10 2009

Business-to-business e-commerce company Alibaba.com Ltd (1688.HK) saw its net profit attributable to equity holders sink 20.4% year-on-year and 5.3% quarter-on-quarter to RMB 236 million as the company followed through on planned investments in customers, people and technology, Alibaba.com announced November 10...

Posted by: Sophia Fu on Nov 06 2009

Domain name registrar HiChina (www.net.cn) plans to invest RMB 300 million over the next three years in its basic Internet services, report Shanghai Business Today quoting the company on November 4.

The funds will come from Alibaba.com's (1688.HK) investment in HiChina, which is mainly being spent on software projects and hardware and application system updates, said the report...

Posted by: Cherry Zhang on Nov 04 2009

Alibaba Group plans to release its business-to-consumer (B2C) online mall service Taobao Mall as well as its business-to-business (B2B) e-commerce site Alibaba.com (1688.HK) paid services TrustPass and Gold Supplier Starter Pack in Taiwan next year, Sina reported quoting Alibaba.com CEO David Wei on November 3...

Posted by: Cherry Zhang on Oct 29 2009

Hangzhou-based business-to-business e-commerce company Alibaba.com (1688.HK) formally set up its educational "Ali-Institute" division on October 28, reports People.com.cn. Ali-Institute will focus on training staff and managers of e-commerce-focused small and medium-sized enterprises, said Alibaba.com CEO David Wei...

Posted by: Danielle Liu on Oct 23 2009

Alibaba.com (1688.HK) has teamed up with four domestic logistics companies, TTK Express, Yunda Express, STO Express and YTO Express, to offer TrustPass members 10-30% discounts for these delivery services, Oriental Morning Post reported October 22 quoting an Alibaba.com announcement...

Posted by: Ana Swanson on Oct 21 2009

Yahoo Inc. (Nasdaq:YHOO) does not plan to "liquidate, spin off or otherwise dispose" of its 29% indirect stake in Alibaba.com (1688.HK) or 35% stake in Yahoo! Japan (4689.TYO), company Chief Financial Officer Timothy R...

Posted by: Cherry Zhang on Oct 20 2009

Alibaba's consumer-focused e-commerce site Taobao.com has launched its search engine at search.taobao.com, Sina reported October 20. Taobao.com denied rumors that it had partnered with Google (Nasdaq:GOOG) on the platform, according to the report...

Posted by: Ana Swanson on Sep 28 2009

Alibaba.com (1688.HK) plans to acquire 85% of China Civilink (Cayman), which operates in China as HiChina Web Solutions, for $63.75 million in cash by the end of the year, Alibaba.com announced September 28...

Posted by: Cherry Zhang on Sep 14 2009

China's second online merchant trade fair generated RMB 26.59 million in spot transactions and RMB 197 million in orders over three days of trading ending September 13, Beijing Business Today reports. Alibaba Group's business-to-business (B2B) e-commerce site Alibaba.com (1688.HK) CEO David Wei said that Alibaba Group spent about RMB 20 million on the Hangzhou fair and plans to invest RMB 30 million for the next fair in Chengdu...

Posted by: Cherry Zhang on Sep 14 2009

Alibaba Group's business-to-business (B2B) e-commerce site Alibaba.com (1688.HK) CEO David Wei said he expects negotiations for an Indian joint venture (JV) to be complete in a few months and that the company hopes to unveil the JV within a year, Sohu reported September 11...

Posted by: Sophia Fu on Aug 24 2009

Business-to-business e-commerce website Alibaba.com (1688.HK) agreed to set up a special e-commerce zone for industries in Zhuji, Zhejiang province in an agreement signed with the municipal government on August 21, reports ccidnet.com...

Posted by: Ana Swanson on Aug 17 2009

Alibaba Group has agreed to inject the Business Management Software (BMS) division of its wholly-owned software subsidiary, Alisoft, into the Information Technology Business Unit of its majority-owned subsidiary Alibaba.com (1688.HK) for total compensation of $30.5 million (RMB 208 million) by September 1, according to an August 17 announcement...

Posted by: Ana Swanson on Aug 13 2009

Business-to-business e-commerce company Alibaba.com Ltd (1688.HK) booked RMB 260.7 million ($38.2 million) in net profit attributable to equity holders in the second quarter of 2009, down 16.9% year-on-year, while revenues grew 23.6% year-on-year and 12.6% quarter-on-quarter to RMB 908.3 million ($133 million)...

Posted by: Jessica Jin on Aug 07 2009

Business-to-business site Alibaba.com (1688.HK) entered a partnership on August 6 to establish a subchannel on its professional market channel for exhibition hall ShanghaiMart. Alibaba plans to connect information in the to-be-established channel to the TrustPass pages of ShanghaiMart clients.

ShanghaiMart is a year-round offline exhibition hall in Shanghai's Hongqiao special economic zone that provides exhibition, trade and office space to retailers.

Posted by: Tom Telford on Aug 03 2009

Alibaba.com (1688.HK) signed agreements with China Construction Bank (CCB) (601939.SH, 0939.HK) to expand its loan-assistance program (Ali-loan) to small companies in Hangzhou, Zhejiang province and Shanghai, Sohu reported August 3...