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Alibaba Acquires Controlling Stake in E-commerce Platform Lazada
April 7, 2016 Trade News
Alibaba Group Holding Limited and Lazada Group S.A. announced today that Alibaba entered into an agreement to acquire a controlling stake in Lazada, a leading e-commerce platform in Southeast Asia. The transaction consists of an investment of approximately USD500 million in newly issued equity capital of Lazada and acquisition of shares from ce ...
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Alibaba Group Appoints Jodee Kozlak as Global Senior Vice President of Human Resources
February 12, 2016 Trade News
Alibaba Group Holding Limited (NYSE: BABA) announced today the appointment of Jodee Kozlak as Global Senior Vice President of Human Resources. Ms. Kozlak will be responsible for helping to build Alibaba Group's international leadership team as the company continues to expand globally. Jodee will jointly report to Alibaba Group Deputy Chief Peop ...
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Alibaba Launches Entrepreneurs Fund for Hong Kong
December 19, 2015 Trade News
Alibaba Group Holding Limited (NYSE: BABA) today announced the official launch of its Entrepreneurs Fund for Hong Kong, with the objective to support the aspirations of entrepreneurs who wish to take advantage of the resources offered by Alibaba's ecosystem in e-commerce, logistics, mobile platforms, cloud computing and financial services. T ...
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Reasons Why Reading Will Make You a Happier Person
December 12, 2015 News
Historically, people secured food through two methods: hunting and gathering and agriculture. Today, the majority of the food energy required by the ever increasing population of the world is supplied by the food industry. The substance is ingested by an organism and assimilated by the organism’s cells to provide energy, maintain life, or stimu ...
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Alibaba Group Acquires South China Morning Post
August 8, 2014 Notification
Hong Kong, December 11, 2015 – Alibaba Group Holding Limited (NYSE: BABA) announced today that it has entered into a definite agreement to acquire the South China Morning Post (SCMP) and other media assets of SCMP Group Limited (SEHK: 0583). The agreement combines the heritage and editorial excellence of the SCMP with Alibaba's digital e ...
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Chinese Internet Giant Alibaba Finally Files for IPO, Focusing on Mobile Story
June 6, 2014 Trade News
Alibaba Group, the Chinese e-commerce giant that is part-eBay, part-Amazon, has finally filed for an IPO in the United States. It is a watershed moment for the global Internet and is one of the largest public offerings in tech. It is also the best opportunity so far to buy into the massive digital growth that has been taking place in China. ...
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