Alibaba: latest news, analysis and trading updates | ESM Magazine

Amazon Earned €581 Per Second In 2023, Study Finds

Online giant Amazon earned $636 (€581) per second last year, new data on the global e-commerce market has found, more than its Chinese rivals Alibaba...

China's 'Singles Day' Wraps Up With E-Commerce Giants Reporting Sales Growth

China's largest e-commerce player Alibaba Group said it recorded year-on-year growth over this year's 'Singles Day' sales period, while rival JD.com report...

Alibaba Promises Major Discounts Ahead Of China's 'Singles Day' Event

E-commerce giant Alibaba Group said it will be offering huge discounts as it gears up for its annual Singles Day shopping extravaganza - an indication that...

Global E-Commerce Market To Be Worth $9.3trn By 2027: GlobalData

A new report by GlobalData has suggested that the global e-commerce market is set to be worth $9.3 trillion (€8.84 trillion) by 2027, growing at a com...

Alibaba Shares Slide 4% After Former CEO Quits Cloud Unit

Alibaba stock lost more than 4% in Hong Kong on Monday after ex-group CEO Daniel Zhang quit its cloud computing unit in a surprise decision that unsettled...

Alibaba's Quarterly Revenue Beats Despite China's Sputtering Economy

China's Alibaba Group Holding reported its strongest quarterly revenue growth in almost two years as its domestic e-commerce unit focuses on low-cost produ...

Alibaba CEO Daniel Zhang To Resign To Focus On Cloud Business

Alibaba Group said its CEO and chairman Daniel Zhang will step down from the roles to focus on its cloud division as the Chinese e-commerce giant moves ahe...

The Consumer Goods Forum Global Summit – Day One Review

The impact of generative AI, the challenge of balancing the needs of shoppers in multiple geographies, and the healing power of a good cup of tea were amon...