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Showing results for: alibaba

05 Jun 2016

SoftBank to sell $7.9bn worth of shares in Alibaba

SoftBank plans to sell its $7.9bn stake in Chinese online retailer Alibaba.This transaction will help the Japanese company to reduce its huge debt, reported The Economic Times.Following the sale, SoftBank's…

14 Feb 2017

Mattel and Alibaba form strategic partnership

Global toy company Mattel has entered a strategic partnership to market its products in China through Alibaba's business-to-consumer (B2C) marketplace Alibaba's data-driven approach and consumer insights, Mattel intends to…

10 May 2018

Alibaba acquires e-commerce platform Daraz

Online retail group Alibaba has acquired the entire stake in Pakistan-based e-commerce platform Daraz Group from Rocket Internet for an undisclosed amount. Established in 2012, Daraz operates online marketplaces in…

16 Mar 2017

Deals this week: Alibaba Group, Flipkart

Denmark has signed a memorandum of understanding (MoU) with Alibaba Group in order to ehnance Danish exports to China.As part of the MoU, Alibaba features Danish Pavilion on its Tmall…