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 ...

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 ...