Quantcast

All Posts Tagged Tag: ‘Alibaba’

Alibaba Is Starting A Netflix-Like Service Called TBO

Chinese ecommerce giant Alibaba Grouip is getting into online streaming video, readying a Netflix-type service in the country, according to multiple reports. The news comes as Netflix is trying to figure out its own entry into China. Alibaba’s head of digital entertainment reportedly said on Sunday that the company will launch the service, called TBO (Tmall Box Office) in two …

Read More

Alibaba Wants To Help US Small Businesses Sell More In China

Alibaba Group founder and Executive Chairman Jack Ma wrote an article for The Wall Street Journal in which he talked about the company’s strategy for the U.S. market. According to him, it’s “simple and clear” in that it wants to help U.S. entrepreneurs and small business owners, as well as businesses of all sizes, sell goods to a growing Chinese …

Read More

About Daniel Zhang, The New CEO Of Alibaba Group

Alibaba managed to take the title for the largest global IPO ever in September, and the company is about to be under new (yet familiar) leadership . Alibaba reported its March 2015 and fiscal year 2015 financial results on Thursday while also announcing that COO Daniel Zhang will become CEO of Alibaba Group starting May 10. He will replace Jonathan …

Read More

Alibaba Releases First Earnings Report As A Public Company

Chinese e-commerce giant Alibaba, which held its IPO here in the United States in September, just released its first earnings report as a public company, and it was a good one. The company beat Wall Street expectations with revenue of $2.74 billion and earnings per share of $0.45. Alibaba Group CEO Jonathan Lu had this to say: “We delivered a …

Read More

Alibaba Prices Huge IPO, To Trade On NYSE

Alibaba priced its shares at $68 on Thursday, which should make its IPO the largest ever for a company in the U.S., despite the fact that the business is Chinese. It’s expected to raise at least $21.8 billion. Shares are to begin trading on the New York Stock Exchange on Friday under the BABA ticker symbol. The event is streaming …

Read More

Snapchat Is Apparently Worth $10 Billion

Snapchat has been reported as the fastest-growing social app. It’s inspired an absolutely pointless ripoff from a huge international company. It’s so popular among teens that it’s making them lose their frickin’ minds. But is it really worth $10 billion? Apparently, according to a new report from Bloomberg. They quote people familiar with the matter who say that Snapchat is …

Read More

Yahoo Earnings Released, Revenue $1.04 Billion

Yahoo just released its earnings report for the second quarter, missing Wall Street estimates with revenue of $1.04 billion. CEO Marissa Mayer didn’t sugar coat it. “Our top priority is revenue growth and by that measure, we are not satisfied with our Q2 results,” she said. “While several areas showed strength, their growth was offset by declines. Yahoo Search, for …

Read More

Alibaba Announces New U.S. Main Street-Inspired Marketplace 11 Main

Chinese ecommerce giant Alibaba, ahead of its United State-based IPO (said to be the largest ever for a tech company), announced a new U.S. online shopping marketplace called 11 Main. The site aims to emulate the Main Street shopping experience that takes place in towns across the country. 11 Main combines specialty shops and boutiques, which are hand-selected by the …

Read More

Alibaba IPO Gets The NMA Treatment

Next Media Animation is at it again. The Taiwanese animators have released this video depicting a predictably insane take on the Alibaba IPO. It involves a giant panda, some puppies, and a genie. The company filed for the IPO earlier this week. It’s said to be the largest ever for a tech company. The Chinese e-commerce giant dominates mobile commerce …

Read More

Alibaba Finally Files For IPO, Which Is Said To Be Largest Ever For Tech Company

As expected for quite a while, Alibaba has finally filed for its IPO, and word is that it will be the biggest one ever for a tech company. The Chinese e-commerce giant dominates mobile commerce in that country, accounting for a reported 76% of all sales and roughly 136 million MAUs. Alibaba also detailed its financial performance for the first …

Read More

Alibaba Launches Search Engine Aliyun

Alibaba has launched a new search engine called Aliyun, which makes use of the same brand as its mobile operating system. Both are actually operated by an Alibaba subsidiary, AliCloud. Google and Alibaba had a bit of a beef last year, regarding the OS. Acer was set to unveil a smartphone utilizing the OS, which (according to Google) is based …

Read More

Alibaba CEO Jack Ma To Leave Post

Jack Ma, founder and CEO of Chinese ecommerce powerhouse Alibaba, will soon shed his CEO title, though he will remain executive chairman, and focus on strategic direction of the company, which he founded in 1999. Ma sent a letter around to Alibaba employees, which is quoted on the company’s blog: As a founder CEO,” Ma wrote in the e-mail, “stepping …

Read More

Page 1 of 212»