alibaba

Jan 9, 2023

Jack Ma gives up control of fintech giant Ant Group

As Alipay becomes one of the top e-payment channels in the Chinese mainland and seeks overseas expansion, Ma is stepping further away from the business empire he created decades ago.

Nov 18, 2022

Declining orders on Lazada contributes to Alibaba missing quarterly revenue expectations

China's strict zero-Covid policies have hurt economic activity, including consumer and merchant spending on Alibaba's platforms.

Nov 2, 2022

11.11 shopping festival turns to long-term, sustainable growth

Amid competition and economic uncertainty, more brand participants in China's preeminent ecommerce festival in China may be seeking deeper customer engagement beyond driving up GMV with discounts.