SHANGHAI — It was looking like a banner year for business in China. The U.S. clothing company was expecting a 20 percent jump in online sales on Alibaba’s Tmall, thanks to the e-commerce giant’s massive reach. But executives soon learned ...
Tagged with: alibaba
Read More »Alibaba’s shares dropped about 9 percent on Thursday after the Chinese e-commerce powerhouse reported holiday-quarter revenue that surged 40 percent but missed analyst expectations. It was the second day of stock decline following news Wednesday that the Chinese government had ...
Tagged with: alibaba
Read More »(AP) Alibaba’s financial results in its first quarter as a publicly traded company highlight its strategy of plowing its profit back into investments, particularly in mobile commerce and marketing. The Chinese e-commerce powerhouse said net income fell 39 percent in ...
Read More »Yahoo's third-quarter earnings soared as the Internet company collected a huge windfall from Alibaba's recent IPO.
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