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Alibaba.com upbeat despite profit dip

Business | Information industry
2009-11-11

ALIBABA.COM, China's largest e-commerce company, yesterday reported its worst profit in three quarters after betting on acquisitions and product development to tap the region's early recovery from the global downturn. ...

Alibaba buys HiChina control

Business | Information industry
2009-9-29

CHINA'S Alibaba.com Ltd is to pay 540 million yuan (US$79.06 million) for a controlling stake in China Civilink (Cayman), which operates in China as HiChina Web Solutions, Alibaba said yesterday. According to...

Alibaba profit tumbles in Q2

Business | Information industry
2009-8-15

NET profit at Alibaba.com Ltd, a leading e-commerce company, tumbled 34 percent in the second quarter from a year earlier. Its net earnings in the quarter totaled 261 million yuan (US$38.2 million) compared with...

Risk pool to lend to online firms set up

Business | Information industry
2009-8-4

THE Shanghai government yesterday teamed up with China Construction Bank and Alibaba.com to jointly set up a risk pool of 60 million yuan (US$8.8 million) to nurture credit to online small and medium business. The...

Alibaba suffers 16% drop in Q1 net

Business | Information industry
2009-5-8

ALIBABA.COM suffered a 16-percent tumble in net profit in the first quarter of this year from a year earlier as the Chinese e-commerce company boosted spending and investments, which offset a revenue rise. The...

Alibaba's profit surges

Business | Information industry
2009-3-20

ALIBABA.COM Limited, China's biggest commerce Website, said its net profit for last year surged 25 percent, thanks to rising numbers of paying members and growing value-added service sales. The profit for 2008...

Alibaba looks for US partners and customers

Business | Information industry
2009-3-14

ALIBABA Group Holding Ltd, owner of China's biggest sourcing Website, is seeking partners from the United States to attract North American companies aiming to export products to the fastest-growing major economy in...

Alibaba's Ma goes on hiring drive

Business | Information industry
2009-3-2

ALIBABA Group Holding Ltd Chief Executive Officer Jack Ma said that he's on a recruiting drive to lure Silicon Valley engineers to China and that the company needs 5,000 more employees this year to keep up with demand. ...

Alibaba thrives and gets set to hire another 5,000 staff

Business | Information industry
2009-1-17

ALIBABA Group Holding Ltd, the Chinese Internet company whose biggest shareholder is Yahoo! Inc, said it will step up hiring this year to tap growth in the world's largest online market. The parent of Alibaba.com...

Alibaba Aussie deal

Business | Information industry
2008-12-10

ALIBABA.COM Ltd, China's biggest online-commerce portal, yesterday said it signed a deal with Melbourne IT Ltd to tap demand in Australia and New Zealand. Melbourne IT will sell Alibaba's TrustPass Service to...