Alibaba expects to record losses of around 9.3 billion yuan related to the sale. Shares of the online shopping giant were last down 1.9% at 82.75 Hong Kong dollars in afternoon trade. The move ...

Alibaba is hoping to boost sales from China’s biggest annual online-shopping event--Singles' Day--with what it claims is the world’s first virtual-reality shopping experience.

Alibaba's CEO, Daniel Zhang, sees a business opportunity to co-opt the unofficial holiday in an attempt to drum up more online sales. In China, spikes in shopping sales were common in late ...

Alibaba is China’s online shopping behemoth – an online marketplace featuring just about everything under the sun (or under the sea). It has just about everything you can imagine, which of ...

Alibaba's e-commerce platforms may have held up well during China's midyear shopping event, as smaller short-video platforms' sales growth wasn't as strong as expected, Citi analysts led by Alicia ...

Interestingly, the sale recorded next day was of ... show on Facebook and opening pop-up stores from Alibaba. The idea is to blend online shopping with offline stores, or O2O, which already ...

Alibaba Group Holding claimed progress in ... which began on Monday and is billed as the world’s largest online shopping festival, according to Eddie Liu, who heads marketing and branding ...

Scale: Each event is a large-scale shopping holiday ... with offline than online. Size: Singles' Day is much, much bigger. In 2017, Alibaba passed $25.3 billion in sales and Amazon hit $2.4 ...

Singles Day in China is the world’s largest annual shopping extravaganza. Its creator, the e-commerce giant Alibaba, is now exporting the event to the rest of the world as part of its push to ...