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Chinese web giants Alibaba and Tencent are seeking to change the country's property rentals market, paving the way for them to sell more services later.
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The eight-year-long smartphone bubble in China has abruptly come to an end, in yet another warning sign that the global synchronized growth narrative is merely an illusion.
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NEW DELHI: Walmart Stores Inc, the world's biggest retailer, is in advanced talks to acquire a significant minority stake in leading ecommerce marketplace Flipkart, two people with...
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Alibaba's new Olympic sponsorship agreement marks the country's first campaign outside of China. The Chinese e-commerce giant promises to bring cloud computing and facial recognition to the...
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Sean Gallup/Getty Images
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Alibaba is embarking on an even closer relationship with payments firm Ant Financial, which may mean an Ant IPO is in the near future.
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(Reuters) - Alibaba Group Holding Ltd , China's biggest e-commerce company, reported a 56 percent increase in third-quarter revenue, beating analysts' expectations as the firm shrugged off...
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SHANGHAI (Reuters) - Alibaba Group Holding Ltd , China's biggest e-commerce company, said on Thursday third-quarter revenue rose 56 percent, beating expectations as it shrugged off any...
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Alibaba reported a 56 percent increase in third-quarter revenue, beating expectations as the firm shrugged off any concerns about a market slowdown.
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Chinese technology group swaps profit share for equity in payments services affiliate
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Move could pave the way for IPO of Chinese payments app owner
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By Lulu Yilun ChenAlibaba Group Holding Ltd. shares fell the most in 18 months and cut its market valuation by about $30 billion after investments in brick-and-mortar assets and digital...