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 a […]

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, […]

Alibaba Group to host Investor Day on June 8-9, 2017

Hangzhou, China, 2017-Jun-01 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA) today (May 31, 2017) announced that it will host an Investor Day on June 8-9, 2017 China Time at Alibaba Xixi Headquarters, Hangzhou, China. Speakers will include Jack Ma (Executive Chairman), Joe Tsai (Executive Vice Chairman), Daniel Zhang (CEO), Maggie Wu […]

Alibaba Group and Bailian Group announce partnership to explore retail opportunities across each other’s ecosystems

Jointly explore development opportunities across each other’s ecosystem Shanghai, 2017-Feb-22 — /EPR Retail News/ — Alibaba Group Holding Limited (NYSE: BABA) and China’s leading retailer Bailian Group announced today (February 20, 2017) the formation of a strategic partnership to explore new forms of retail opportunities across each other’s ecosystems. The companies will leverage the power […]

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 […]

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) […]

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 […]

METRO GROUP launches its official flagship store exclusively on Alibaba Group’s Tmall Global platform

The two companies establish strategic partnership to expand their e-commerce endeavors  in China METRO GROUP opens cross-border e-shop on Alibaba Group’s Tmall Global platform offering German goods to Chinese consumers METRO GROUP and Alibaba Group to explore further collaboration opportunities in sourcing, supply chain and big data Düsseldorf, Germany, 2015-9-8 — /EPR Retail News/ — METRO […]