As a part of its Global Shopping Festival, Alibaba celebrated a massive boon of over $7 billion gross merchandise volume (GMV), all settled through its Alipay payment platform. The news comes on the ...

Alibaba Group Holding Limited BABA is expanding its presence in the grocery market. The company plans to open 30 Hema supermarket stores in Beijing by the end of the year. Hema stores allow customers ...

Add Yahoo as a preferred source to see more of our stories on Google. Alibaba Group Holding Ltd (NYSE: BABA) has made another huge deal as part of its aggressive push into the brick-and-mortar grocery ...

Alibaba Group Holding is expected to sell its department store chain Intime Retail (Group) to Chinese apparel company Youngor Fashion as China's e-commerce giant walks away from offline retailing, ...

The Alibaba IPO is scheduled for 2014, and the Chinese e-commerce company has remained busy throughout the past year, spending more than $2.7 billion on acquisitions. But this week, Alibaba Group ...