Alibaba Replaces CEO in Surprise Shakeup
Alibaba is replacing Daniel Zhang as the chief executive, with the company continuing to lose market share and struggling to regain its dominance post-pandemic. Eddie
Alibaba is replacing Daniel Zhang as the chief executive, with the company continuing to lose market share and struggling to regain its dominance post-pandemic. Eddie
Chinese eCommerce giant Alibaba raked in more than $84 billion in sales during its 13th annual Singles Day event. This year’s event attracted significant participation
Chinese eCommerce giant, Alibaba, has launched its very own fast fashion platform dubbed AllyLikes in an effort to better target Western shoppers. The launch of
Chinese eCommerce giant Alibaba missed Q1 revenue estimates with smaller players such as JD.Com Inc and Pinduoduo eating into its market share. The company’s core
After two months of remaining absent from the public view and recently missing the final episode of a TV show on which he was to
China is cracking down on the monopoly of eCommerce giant Alibaba with the launch of an antitrust probe in the company. China’s top regulator, the
Chinese eCommerce giant Alibaba and Swiss luxury fashion house Richemont are making a $1.1 billion investment in Farfetch. The two players are investing $300 million
Two-thirds of Chinese consumers plan to avoid foreign brands and shop for domestic products on Alibaba’s Singles Day sales, which marks the world’s biggest online
Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year from 6.2 percent to 4.8 percent leading him to