Alibaba Group Holding Ltd (NYSE:BABA) CEO Jack Ma met with the head of China’s State Administration for Industry and Commerce (SAIC) on the same day that the commerce regulator has publicly criticised the giant internet retailer for allegedly tolerating the proliferation of fake goods in its sites. The meeting, which was initiated by the SAIC…
Alibaba Group Holding Ltd (BABA) Criticized by Chinese Regulator for Counterfeit Goods
Alibaba Group Holding Ltd (NYSE:BABA) is on the receiving end of a criticism from a Chinese regulation agency accusing the e-commerce giant of failing to control the deluge of fake goods within its websites. The State Administration of Industry and Commerce (SAIC), China’s leading business regulation agency, said in a report that Alibaba tolerated “illegal…
Yahoo! Inc. (YHOO) Could Be A Potential Acquisition Target After Rolling Off Alibaba Group Holding Ltd (BABA)’s Stakes
With its next quarterly earnings just a few days away, Yahoo! Inc. (NASDAQ:YHOO) is attracting a lot of speculations and some investors are considering it an excellent acquisition target provided the company decides to spin off its stakes in Alibaba Group Holding Ltd (NYSE:BABA). Marissa Mayer, CEO of Yahoo, said in October, “Many have pointed…
Alibaba Group Holding Ltd (BABA) Integrates Social Networking and Business, Develops DingTalk
Alibaba Group Holding Ltd (NYSE:BABA) is trying to interconnect business and social networking for the second time around. The world’s biggest internet retailer have quietly launched the app, called DingTalk, in December of last year. DingTalk, which the company says is still in its beta phase, is an attempt at “versatile mobile communications app that…
Alibaba Group Holding Ltd (BABA) Promotes U.S. Retailers with Alipay
Alibaba Group Holding Ltd (NYSE:BABA), the Chinese internet giant retailer, is working towards promoting American businesses with Chinese consumers by using Alipay ePass, its own version of electronic payment system. The company will handle even shipping for large U.S. retailers including Macy’s, Neiman Marcus, Saks, and Shoprunner. The current plan of Alibaba Group Holding Ltd…
Alibaba Group Holding Ltd (BABA) Considering $923 Million Joint Investment With a South Korean City: Report
Alibaba Group Holding Ltd (NYSE:BABA) is supposedly in the process of holding talks with the South Korean city of Incheon over a planned investment project worth about 1 trillion won, or $923 million, according to local media reports. The local daily Dong-A Ilbo initially reported the story on Monday, dubbing the proposed project as “Alibaba…
Alibaba Group Holding Ltd (BABA)’s Counterfeit Product Identification Cost Retailer $161 Million Since 2013
One of the recent updates from the world’s largest e-commerce company, Alibaba Group Holding Ltd (NYSE:BABA), disclosed that the company has spent over $161 million in its fight against counterfeit products on its websites. The ecommerce giant has pushed for more scrutiny to identify fake goods in the recent years. The online retailer has spent…
Alibaba Group Holding Ltd (BABA) Aliyun OS to Seriously Challenge Google Inc (GOOGL)Android in China
Alibaba Group Holding Ltd(NYSE:BABA), the world’s most valuable online retailer has been trying to penetrate the Chinese market with its Aliyun OS. This is however a real feat as the most dominantly used mobile OS is Android OS developed by Google Inc (NASDAQ:GOOGL). The Chinese market represents the world’s largest in terms of mobile users.…
Alibaba Group Holding Ltd (BABA) Will Burn Local Businesses: U.S. Retailers
Alibaba Group Holding Ltd (NYSE:BABA) have been a target of a weekend TV and radio ad campaign over tax exemption for online sales. Dragging the Chinese giant online merchant into a political issue of tax loopholes is the Alliance for Main Street Fairness, a U.S. retailers group consisting of major chains such as Home Depot…
YPF SOCIEDAD ANONIMA (YPFSF), Alibaba Group Holding Ltd (BABA), and Teva Pharmaceutical Industries Ltd (ADR) (TEVA): Top Stock Holdings of Soros Fund Management
Founded way back in 1969 by George Soros, Doros Fund Management LLC is a private American investment management group that operates both as a hedge fund and a family business. An annual return of about 20% makes it one of the most successful investment firms playing in the hedge fund market. Data from its SEC…