Alibaba Group kicked off its annual shopping event at midnight on Friday and within the first five minutes processed $1 billion in transactions via Alipay. Within two hours, $7.2 billion of gross ...

Alibaba's 618 shopping festival shows strong momentum with 185 brands, including Apple and Xiaomi. 37,000 brands doubled sales compared to last year, supporting Alibaba's goal for double-digit revenue ...

A five-floor mall is being built near Alibaba’s headquarters in the eastern Chinese city of Hangzhou, according to financial news site Caixin. The Alibaba shopping center reportedly will be called ...

Alibaba has built one of the most efficient profit engines in modern commerce by turning traffic, data and infrastructure into a dense web of fees, commissions and services. Instead of relying on a ...