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Alibaba to acquire 33% equity interest in Ant Financial

Hangzhou, China, 2018-Feb-02 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA, “Alibaba”) and Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Financial”) today (February 1, 2018) announced that pursuant to 2014 transaction agreements, Alibaba will acquire a 33% equity interest in Ant Financial. The parties have agreed to certain amendments to…
February 2, 20180Comments

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Business E-Commerce Management Retail Retailer

MAPIC: Alibaba will attend the event and deliver keynote address

MAPIC: Alibaba will attend the event and deliver keynote address   Sébastien Badault, CEO of Alibaba France, will give a keynote speech at the retail real estate market Paris, 2017-Oct-20 — /EPR Retail News/ — MAPIC, the world’s leading retail real estate market today announces that China’s giant e-commerce group, Alibaba, will attend the event and deliver a…
October 20, 20170Comments

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Business Management Online Retailers Online Shopping Retail Retail Services Retailer

Alibaba increases ownership in Cainiao to majority stake of 51%; will invest additional US$15.2 billion over the next five years

An additional investment of RMB5.3 billion (US$807 million) will increase Alibaba's stake to 51% Alibaba also announces intention to invest an additional RMB100 billion (US$15.2 billion) over the next five years to expand its logistics network Hangzhou, China, 2017-Oct-03 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA, "Alibaba") today announced that as…
October 3, 20170Comments

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Business Jewelry Loss Prevention Management Online Retailers Retail Retailer

French luxury group Kering and Alibaba take joint enforcement actions online and offline against infringers

Landmark agreement between the luxury group home to some of the world’s most desired luxury brands and Alibaba’s e-commerce marketplaces PARIS and HANGZHOU, China, 2017-Aug-07 — /EPR Retail News/ — French luxury group Kering, and Alibaba Group and its affiliate Ant Financial Services have come to a groundbreaking agreement to cooperate in their efforts to protect…
August 7, 20170Comments

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Business E-Commerce Marketing Online Retailers Retail Retailer

Alibaba to invest approximately USD1 billion to increase its stake in Lazada Group

Hangzhou, China/Singapore, 2017-Jul-04 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA) announced today ( June 28, 2017) that it will invest approximately USD 1 billion to increase its stake in Lazada Group, the leading e-commerce platform in Southeast Asia, from 51% to approximately 83%. This transaction demonstrates the continued success of Lazada’s business,…
July 4, 20170Comments

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Business E-Commerce Marketing Retail Retail Services Retail Software Retailer Sports Technology

Alibaba becomes the official “Cloud Services” and “E-Commerce Platform Services” Partner of the Olympic Channel

Breakthrough partnership will support the IOC and the Olympic Movement achieve Olympic Agenda 2020 vision in a new digital era Davos, Switzerland, 2017-Jan-24 — /EPR Retail News/ — The International Olympic Committee (IOC) and Alibaba Group (NYSE: BABA) today (19 January 2017 ) jointly announced a long-term partnership through 2028. Joining The Olympic Partner (TOP) worldwide sponsorship programme,…
January 24, 20170Comments

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Business Management Retail Retailer

Alibaba announces proposal to privatize department store operator Intime Retail

Transaction will transform conventional retail Hangzhou, China, 2017-Jan-13 — /EPR Retail News/ — Alibaba Investment Limited ("Alibaba"), a wholly owned subsidiary of Alibaba Group Holding Limited (NYSE: BABA) ("Alibaba Group") announced today (January 10, 2017) that Alibaba, together with an entity wholly-owned by Mr. Shen Guo Jun, founder of Intime Retail (Group) Company Limited (HKSE: 1833) ("Intime")…
January 13, 20170Comments

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Business Electronics Marketing Retail Retailer Shopping Technology

Alibaba: Tmall debuts new products from the biggest electronic brands during the 11.11 Global Shopping Festival

Alibaba: Tmall debuts new products from the biggest electronic brands during the 11.11 Global Shopping Festival   Hangzhou, China, 2016-Nov-08 — /EPR Retail News/ — Alibaba Group (NYSE: BABA) today (November 3, 2016 ) announced its plans to bolster Tmall's position as the leading ecosystem for the most cutting-edge IoT products, and the go-to platform to drive consumer…
November 8, 20160Comments

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Business Management Retail Retailer

Alibaba Executive Chairman Jack Ma’s work as promoter of easier access to world markets for SMEs recognized at the G20 summit

Alibaba Executive Chairman Jack Ma's work as promoter of easier access to world markets for SMEs recognized at the G20 summit   Hangzhou, China, 2016-Sep-08 — /EPR Retail News/ — Alibaba Executive Chairman Jack Ma's work as a promoter of easier access to world markets for small and medium-sized enterprises (SMEs) was recognized at the G20 summit. The…
September 8, 20160Comments

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Business Law Management Retail Retailer

Alibaba becomes official International AntiCounterfeiting Coalition (IACC) member

Alibaba to advance joint industry anti-counterfeiting efforts as official IACC membership San Francisco, 2016-Apr-15 — /EPR Retail News/ — Alibaba Group (NYSE: BABA) today announced its official membership in the International AntiCounterfeiting Coalition (IACC) as the first e-commerce company to join the world’s largest non-profit organization dedicated to combating product counterfeiting and piracy. “Preserving the integrity of Alibaba’s…
April 15, 20160Comments

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Business E-Commerce Management Online Retailers Retail Retailer

Alibaba to acquire controlling stake in the leading e-commerce platform in Southeast Asia Lazada for approximately USD1 billion

Transaction makes Alibaba a leading e-commerce platform in Southeast Asia Hangzhou, China/Singapore, 2016-Apr-15 — /EPR Retail News/ — Alibaba Group Holding Limited and Lazada Group S.A. announced today that Alibaba entered into an agreement to acquire a controlling stake in Lazada, a leading e-commerce platform in Southeast Asia. The transaction consists of an investment of approximately USD500…
April 15, 20160Comments

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Business Management Marketing Retail

Alibaba’s Jack Ma joins Starbucks Howard Schultz to discuss the role and responsibility of 21st Century companies

Long-term China growth aspirations on-track with 2,000 stores Reaffirms Employer of Choice commitment with largest-ever Partner-Family Forum in Chengdu and China partner experience investments Continued innovation in customer experience through Starbucks social gifting Alibaba Group Founder and Executive Chairman, Jack Ma, joins Starbucks chairman and ceo, Howard Schultz, to discuss the role and responsibility of…
January 12, 20160Comments

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