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Category Archives: E-Commerce
Global Sources Revenue Down, Profit up
Earlier this week, NASDAQ-listed Global Sources released first quarter results for the period ended 31st March 2012. Revenues were US$31.3 million, down 20% compared with US$38.9 million recorded in the same quarter last year. However, net income attributable to the … Continue reading
HC International Shows Impressive Growth in Q1
Hong Kong-listed HC International reported its first quarter results for 2013. For the three months ended 31st March, revenues were US$26 million – an increase of 43% compared with the same quarter in 2012. The company recorded profit attributable to … Continue reading
Alibaba Leadership Change
At the 10th anniversary celebration of Taobao.com Jack Ma, founder of Alibaba, stepped down as CEO and handing over the position of CEO to Jonathan Lu Zhaoxi. Ma first announced the decision on January 15 and Alibaba chose Ma’s successor … Continue reading
Alibaba to Acquire 20-30% Stake in AutoNavi
Alibaba Group is set to take a 20 to 30 percent stake in Chinese digital mapping and navigation firm AutoNavi Holdings Ltd. as it aims to boost its competitveness by beefing up its product line. Citing unidentified sources, news portal Sina said … Continue reading
Posted in Alibaba, China, E-Commerce, Mobile Services, Users of Information
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Alibaba Group’s Revenue up 80% in Q4
According to Yahoo’s latest regulatory filing, China’s largest e-commerce company, Alibaba Group, recorded revenue of US$1.84 billion in the fourth quarter of 2012 – up 80% over same period in 2011. Net income during the period was US$642.2 million, an … Continue reading
B-to-B Marketers Should Take Another Look at E-Commerce
E-commerce opportunity is evolving fast, but only 25% of B-to-B marketers are taking advantage of it, according to a 2012 Oracle study. Time for another look says Ruth Stevens, BIIA’s Board Member and Contributing Editor.
Alibaba Pays US$586 million for a 18% Stake in Weibo
Alibaba Group Holding Ltd. agreed to buy a stake of 18% in Sina Corp. (SINA)’s Weibo for $586 million, connecting China’s largest Twitter-like service with the nation’s biggest e-commerce company. Alibaba acquired preferred and ordinary shares and has the option … Continue reading
Posted in Alibaba, E-Commerce, Social Media, Social Networks, Uncategorized
Tagged Alibaba invests in Weibo, Sina Corp, Weibo
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Alibaba Joins Government to Tackle Piracy in China
Alibaba Group, announced it will partner with five key Chinese government and law enforcement agencies to fight pirated goods online and offline. These organizations will include the Ministry of Public Security, State Administration for Industry & Commerce, General Administration of … Continue reading
Alibaba Unveils Six New Models of Phones
Alibaba launched six new mobile phone models which run on the Aliyun system as it joined other Internet giants to tap growing demand for smartphones. Alibaba’s cloud computing unit will allocate 1 billion yuan (US$1.6 million) of subsidies this year … Continue reading
Posted in Alibaba, China, E-Commerce, Mobile Services
Tagged Alibaba launched six mobile phone models
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