Alibaba Group Holding is set to phase out its remaining Costco-style Hema X store, signaling a pullback from China’s competitive retail market. Hema, Alibaba’s supermarket chain, has started closing ...
When reports surfaced this week of an internal memo detailing yet another new restructuring at Alibaba Group Holding Ltd. (NYSE:BABA), investors cheered by bidding up the e-commerce giant's shares by ...
・Sales for Chinese e-commerce platforms rose 14% during China’s Singles’ Day, according to Syntun, although some analysts view that growth figure as soft. ・Retail sales in the period rose 3% year over ...
Quarterly revenue reaches nearly $35 billion Net profit falls 53%, but still beats analysts' expectations U.S.-listed shares up 2% at market open Nov 25 (Reuters) - Chinese e-commerce giant Alibaba ...
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