11 November 2016 was celebrated in China as Singles' Day, an event which has been widely compared to America's Black Friday. Alibaba [the Chinese e-commerce giant] smashed its own records with an outrageous $17.8 billion sales volume within a period of 24 hours. The total value of orders reported by Alibaba shows the company gracefully … Continue reading Alibaba’s Record-breaking Singles’ Day Sales in Pictures
Image: Alibaba Group Holdings founder and owner Jack Ma. Chinese billionaire and Alibaba owner Jack Ma has taking automobile competition to the doorsteps of business giants Apple Inc and Google by pushing his company into the car business previously held in monopoly by the mentioned companies. China's indigenuous company has now joined the global battle to control … Continue reading Jack Ma Competition To Apple And Google With Web Car.
Chinese billionaire and famous Alibaba founder Jack Ma said he would rather not build a business like Alibaba if given the choice in his next life, claiming that his creation of the e-commerce giant has been his biggest mistake and worst nightmare. Alibaba Group Holding Limited is a Chinese e-commerce company that provides consumer-to-consumer, business-to-consumer and business-to-business sales services … Continue reading Why Jack Ma Said Finding Alibaba Group Was His ‘Worst Mistake In Life’.
China's giant trading company Alibaba emits fear among companies in the international community and knowing this, is the beginning of wisdom. Image shows Alibaba's executive. The International Anti-Counterfeiting Coalition (IACC) based in Washington DC accepted Alibaba in its fold but the result isn't heart-warming as most multi-national companies are quitting the union out of fear and … Continue reading The Fear Of Alibaba…Beginning Of Wisdom.
It's been reported that a Chinese group of wealthy business moguls led by Alibaba owner, Jack Ma are bidding €700million to purchase the Italian club. If this transaction succeeds - which is more likely considering the current financial profile of the club - AC Milan will become the richest club in the world. The Chinese group … Continue reading AC Milan To Be Bought By Alibaba Owner, Jack Ma.
Alibaba founder and co-owner of Guangzhou Evergrande FC, Jack Ma has become the latest investor to snap up a French vineyard. The second-richest person in China has bought the Chateau de Sours vineyard in France's famed wine-growing region of Bordeaux. A purchase price has not been announced. It does include an 85-hectare property which produces … Continue reading Alibaba Owner Just Bought A Historic French Vineyard.
Alibaba, truly bleeds because business transactions with this most popular Chinese company who is also a huge sponsor of Guangzhou Evergrande FC, is on the the decline due to imitations. Jack Ma, executive chairman of Alibaba Group Holding Ltd, said that counterfeit products hurt Alibaba as well as China's economy. In an interview with Xinhua, … Continue reading Alibaba bleeds badly