Posts tagged alibaba group RSS

A New Chinese E-Commerce Powerhouse?

When a newly established e-commerce company raises hundreds of millions of dollars in its short existence, Internet retailers should pay attention. On Dec. 29, two Internet investment funds offered 1 billion yuan ($161 million) for...

Alibaba Announces New U.S. E-Commerce Platform Before Going Public

Creating waves in today’s global marketplace is a challenge in itself. However, for one e-commerce company waves are simply not big enough. They are aiming to create a global hurricane, and it’s quickly approaching landfall...

Spredfast Nabs Cool $32.5M

Spredfast’s impact in the social sphere is spreading, well, fast. Today, the social relationship platform provider announced it has raised $32.5 million in growth led by Lead Edge Capital, which has funded well-known software...

Yahoo Reaches Agreement on Alipay

Yahoo, Alibaba Group and SoftBank have reached an agreement in which Alibaba Group will continue to participate in Alipay’s future financial performance, including a future IPO or other liquidity event. The agreement is consistent...

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