All Alibaba articles – Page 4
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News briefs
Alibaba and three other Chinese companies are reported to be...
Alibaba and three other Chinese companies are reported to be interested in the takeover of AC Milan. The famous Italian football club is also said to be the target of a crowdfunding initiative in China intended to raise at least $1 billion for its acquisition by the general public and ...
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News briefs
Alibaba vigorously protested about comments made by an official of...
Alibaba vigorously protested about comments made by an official of China's State Administration for Industry and Commerce (SAIC) last week, claiming that more than 60 percent of the products sold on its Taobao marketplace were fake and that the company was not doing enough to fight counterfeiting. It was even ...
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News briefs
Alibaba says it spent one billion renmimbi (€131.9m-$160.8m) in the...
Alibaba says it spent one billion renmimbi (€131.9m-$160.8m) in the 12 months ended on Nov. 30 to combat the sale of counterfeited goods online, engaging a task force of more than 2,000 people that will be expanded by a further 200 in the next year. Some 5,400 volunteers have also ...
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News briefs
Alibaba Group's share price reached new highs, trading above $115...
Alibaba Group's share price reached new highs, trading above $115 a share and reaching a market capitalization above $280 billion, after reporting strong results for the third quarter ended Sept. 30 and announcing that it generated record sales of $9.3 billion through its marketplaces on Nov. 11 in connection with ...
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Article
Alibaba gets a high valuation
The giant Chinese internet marketplace, which occupies a strong position in the domestic sporting goods market through TMall and other websites, made a triumphant listing on the New York Stock Exchange last Friday. From an initial pricing of $68, Alibaba Group Holding's share shot up to $99.70 and then ...
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Article
GoPro, Alibaba shake the stock market
GoPro went through one of the most successful public offering on the Nasdaq stock exchange in recent times. The shares were priced at $24 last Wednesday, at the high end of a previously set range of $21-24, valuing the young American action camera company at $2.96 billion. However, the stock ...
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