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...

  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....

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...

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....

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,...

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,...

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...

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...