Alibaba

The two companies plan to work together in new retail too.

The company translates social media influence into e-commerce sales.

Alibaba did not comment on this acquisition while CICC said it holds an open attitude toward leaders in information technology and will explore ways to apply information technology in the finance sect

Alibaba announced in a filing with the Securities and Exchange Commission Thursday that its subsidiary Taobao has bought nearly 24 million shares of China’s leading online video sharing platform Bilib

When they travel overseas, the total amount spent by residents of China’s third or fourth-tier cities grew faster than those from China’s tier-one cities, including Beijing, Shanghai and Guangzhou, ac

Sending and receiving electric red envelopes posed the biggest pressure to the clearinghouse, followed by shopping and dining.

Jack Ma, Alibaba’s high profile co-founder and chairman, touted his vision of a better and more inclusive globalisation on the stage of the annual World Economic Forum held in Davos, Switzerland

How gamification brings success to Chinese internet companies.