Por: MarketWatch Business November 12, 2022
The two companies said only that sales for the annual Singles Day, which ended Friday, were comparable to last year’s. That raised the possibility of relatively weak gains, at least for Alibaba (BABA). For 2021’s event, the company reported $84.5 billion in total value of goods sold, up 8.5% from the year before but the lowest growth since the company launched Singles Day in 2009. This year’s growth could have been still slower.... + full article
Associated Press USA Tech November 18, 2022
HONG KONG (AP) — Chinese e-commerce company Alibaba Group on Thursday posted net losses and missed market expectations for revenue in its quarter ended September amid a slowing economy and depressed consumer sentiment.The company reported net losses of 20.6 billion yuan ($2.87... + más
Was China’s Singles Day a Dud? Alibaba and JD.com Decline to Give Numbers. | MarketWatch
Alibaba Earnings Topped Estimates. Why the Stock Is Falling. | MarketWatch
MarketWatch USA Business November 17, 2022
While the figures mark a return to growth for Alibaba after recording flat annual sales for in the second quarter, it is still a historically weak expansion. The company has suffered from Beijing’s zero-Covid policy and last week declined to release sales numbers for the... + más
Alibaba posts loss, slower revenue amid lower consumption | Associated Press
Associated Press USA Life November 11, 2022
HONG KONG (AP) — China’s biggest online shopping festival, known as Singles’ Day, is typically an extravagant affair as Chinese e-commerce firms like Alibaba and JD.com ramp up marketing campaigns and engage top livestreamers to hawk everything from lipstick to furniture... + más
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ABC News USA World November 11, 2022
HONG KONG -- China’s biggest online shopping festival, known as Singles’ Day, is typically an extravagant affair as Chinese e-commerce firms like Alibaba and JD.com ramp up marketing campaigns and engage top livestreamers to hawk everything from lipstick to furniture as they... + más
The New York Times USA World November 11, 2022
For years, China’s annual shopping extravaganza known as Singles Day looked like a profitable exchange between East and West. Thousands of premium Western brands like Apple and L’Oreal were bought by hundreds of millions of Chinese consumers on the e-commerce giant,... + más
New York Daily News USA Sports October 29, 2022
Alibaba, a company co-founded by Joe Tsai — an adamant advocate of China’s communist regime and the owner of the Nets and Liberty — financially supported the Chinese government’s human rights violations and “cultural genocide” of its Muslim population, according to a... + más
Alibaba pledges $1 billion to cloud computing customers to reignite growth | CNBC
Taiwan won't depend on others for defense: Tsai Ing-wen | Newsweek
CNBC USA Tech September 23, 2022
In this articleAlibaba has faced growth challenges amid regulatory tightening on China's domestic technology sector and a slowdown in the world's second-largest economy. But analysts think the e-commerce giant's growth could pick up through the rest of 2022.Kuang... + más
China's social media sales machine Li Jiaqi suddenly returns after mystery absence, just in time for a retail bonanza | CBS News
Amazon, Microsoft and Google face UK probe over dominance in cloud computing | CNBC
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