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Tag Archives: Alibaba Group
Alibaba Reshuffles and Jack Ma Steps Down
Alibaba Group announced it will undergo another major restructuring to adapt to China’s changing e-commerce environment and reaching the company’s goal of becoming an e-commerce “ecosystem”. The latest Alibaba restructuring sees the company divided into 25 business units, which will … Continue reading
Alibaba Reaches Transaction Value of 1 Trillion RMB
Alibaba Group, announced the sales volume through its various marketplace platforms, including Taobao and Tmall, surpassed RMB 1 trillion (US$157 billion) from January to November this year. This figure surpasses the combined transaction value of other e-commerce leaders, Amazon and … Continue reading
Posted in Alibaba, Alipay, China, E-Commerce, Taobao, Taobao.com, Tmall
Tagged Alibaba Group, Alipay, e-commerce in China, Taobao, Tmall
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Alibaba Goes Private
Alibaba Group Holdings Ltd.’s plan to take back control of the company got another boost as minority shareholders voted in favor of taking the company’s Hong Kong-listed unit private. Alibaba Group will pay HK$13.50 per share for the 27% stake … Continue reading
Alibaba Group Proposes Privatization of Alibaba.com – Makes Offer to Minority Shareholders
Alibaba Group (the Offeror) and Alibaba.com are taking Alibaba.com private and have made an offer to minority shareholders of HK$13.50 per share in cash, which implies a premium of 60.4 percent over the 60-day average closing price of Alibaba.com shares, … Continue reading
Alibaba Group Hires Washington Lobbying Firm
Alibaba Group has hired the Washington based Duberstein Group as an indication that it may be serious in making a bid for Yahoo should talks fail to unwind the Yahoo – Alibaba Asian partnership. The registration was received by a … Continue reading
Alibaba Said to Tap Temasek Funding to Buy Stake From Yahoo
According to Bloomberg Businessweek Alibaba Group Holding Ltd. has talked with Singapore’s Temasek Holdings Pte about providing financing to buy out Yahoo Inc.’s 40% stake in Alibaba. Recently Alibaba’s founder and CEO, Jack Ma stated that he was interested in … Continue reading