- Sogou CEO Admitted Talks with Qihoo on Potential InvestmentPosted 5 days ago
- Taobao Turns Ten Today: A Look BackPosted 8 days ago
- Alibaba Invests US$294 million for 28% of AutoNavi, Becoming Its Biggest ShareholderPosted 9 days ago
- [Updated]Baidu Acquires PPS for $370 million in Cash, Will Merge It Into iQiyiPosted 12 days ago
- Alibaba Confirms Investment in Sina Weibo, Taking An 18% Stake for $586 millionPosted 19 days ago
Taobao Turns Ten Today: A Look Back
Taobao – “exploring treasures” in Chinese – now is a household name in China. Ten years ago, Alibaba wanted to try out the online auction by putting up a Nokia phone online. That phone turned out to be the first item...
- Posted 8 days ago
Alibaba Invests US$294 million for 28% of AutoNavi, Becoming Its Biggest Shareholder
AutoNavi (NASDAQ: AMAP), a Chinese digital map and navigation solution provider, announced that Alibaba has invested approximately $294 million in newly issued preferred and ordinary shares for about 28% of the company’s total shares on a fully-diluted basis. Thus Alibaba becomes its biggest shareholder....
- Posted 9 days ago
Alibaba Sets a Good Example By Establishing an Environmental Protection Fund
Xinhua News reported that China’s largest internet e-commerce titan, Alibaba, has set up a fund called the Alibaba Foundation. The initial fund of 50 million yuan is dedicated to the development and support of China’s environmental protection...
- Posted 472 days ago
Yahoo May Reduce Stake in Alibaba to 15%
The Wall Street Journal reported that Yahoo Inc. is planning to sell of large chunks of its Asian assets, in an effort to give its investors some cash and begin to refocus on their core advertising business....
- Posted 513 days ago
Yahoo Shares Spike, After Possibility of Alibaba Buying It
Most parents are happy to see their children grow up bigger and stronger than them. When it comes to a parent company seeing its child company grow up bigger and stronger, it must feel a little embarrassing,...
- Posted 534 days ago
Alibaba’s Mobile Social Network? LaiWang.com Quietly Launched
It’s not the first time for Alibaba trying to enter the social network. Taojianghu is its first product with serious interest in social networking. It makes sense for Alibaba’s eCommerce business as Taojianghu is built around Taobao,...
- Posted 534 days ago
Alibaba Q3 Net Income Rises 12%
The giant e-commerce company, Alibaba has released financial data that shows third quarter profits rose 12% after raising prices for merchants to sell on it’s trading platform. Net income increased to 410 million yuan ($64 million) from...
- Posted 540 days ago
TradeSparq Introduces Social Sourcing, It Is the Alibaba Combined With Linkedin
We love to talk to local startups and we’ve seen more and more well designed products (sites and apps) are doing great in the local market. But, we have to admit that it’s still not easy to...
- Posted 653 days ago