INDICES
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Silver Lake Said to Join $1.2 Billion Round in Key Alibaba Arm
EghtesadOnline: Alibaba Group Holding Ltd.’s on-demand services unit is close to securing $1.2 billion of funding for expansion after getting backing from first-time investors including Silver Lake Management and China’s sovereign wealth fund, people familiar with the matter said.
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Alibaba Again Named ‘Notorious Market’ in Blow to Overseas Push
EghtesadOnline: Alibaba Group Holding Ltd. has again been labeled a haven for knockoffs with an embarrassing return to a U.S. blacklist for fakes just four years after getting its name removed.
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Alibaba Buys a Third of Discount Chinese Grocery Chain Sanjiang
EghtesadOnline: Alibaba Group Holding Ltd. will spend more than 2 billion yuan ($290 million) buying about a third of Sanjiang Shopping Club Co., picking up a slice of a regional Chinese discount supermarket chain with more than a million members.
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Alibaba, Tencent back Chinese cyber law facing overseas critics
EghtesadOnline: China's Alibaba Group Holding Ltd and Tencent Holdings Ltd rallied behind Beijing's recently-imposed cyber security law on Thursday, following criticism of it from overseas technology rivals.
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Katy Perry Ditches Alibaba’s Concert After Anti-Trump Tweets
EghtesadOnline: Pop star Katy Perry has pulled out of a star-studded extravaganza put on by China’s largest online retailer.
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Amazon Starts Prime Service in China to Compete With Alibaba
EghtesadOnline: Amazon.com Inc. has started offering its Prime free-shipping service in China, ratcheting up attempts to compete with Alibaba Group Holding Ltd. for the rising number of shoppers hankering after overseas goods.
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Alibaba's E-Commerce App Has a Social Network Facebook Would Love
EghtesadOnline: China's largest e-commerce company is building a social network that keeps users buying more. Vice Chairman Joseph Tsai explains how.
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Alibaba cloud computing arm to help foreign tech firms enter China
EghtesadOnline: Chinese e-commerce giant Alibaba Group Holding Ltd is offering to help international technology firms such as SAP SE to enter China, a market where foreign tech companies face increased government scrutiny.
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Alibaba says it is not making an investment in Netflix
EghtesadOnline: Alibaba Group Holding Inc is not making an investment in Netflix Inc, Alibaba spokesman Bob Christie told Reuters on Friday.
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Chinese consortium agrees to $4.4 billion deal for Caesars online games
EghtesadOnline: A Chinese consortium that includes game developer Shanghai Giant Network Technology Co Ltd and e-commerce company Alibaba Group Holding Ltd founder Jack Ma has agreed to acquire Caesars Interactive Entertainment Inc's online games unit for $4.4 billion in cash, the companies said.