Sunday, 24 October 2021

Tag Archives: e-commerce giant

Alibaba hits another ‘Singles Day’ record but growth slows

Chinese e-commerce giant Alibaba filled a record $30.7 billion in orders on Sunday during its annual “Singles Day” shopping frenzy, but growth slowed from previous years. The world’s biggest 24-hour shopping event, celebrating its tenth year, kicked off early Sunday and once again shattered its own sales mark as Chinese ...

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Alibaba says annual net profit up 47% in 2017-18

BEIJING: Chinese e-commerce giant Alibaba on Friday announced a massive 47 percent leap in net profit for the fiscal year 2017/2018, helped by a rise in smartphone and tablet transactions on its shopping platform. Profit climbed to 63.985 billion yuan ($10.2 billion), boosted by a 60 percent rise in revenue ...

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Chinese e-commerce giant Alibaba set to enter Pakistan

HANGZHOU: Alibaba Group Holding Limited (NYSE: BABA), the world’s largest online and mobile commerce company,has announced the signing of a memorandum of understanding (MoU) with the Trade Development Authority of Pakistan (TDAP) during Prime Minister Nawaz Sharif’s visit to the Alibaba Headquarters in Hangzhou, China. Alibaba Group’s Executive Chairman, Jack ...

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