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Posts Tagged ‘Alibaba Group Holding Ltd’

Alibaba Group Holding Ltd is set to launch a U.S. e-commerce website through its subsidiaries Vendio and Auctiva, which are in turn part of the Alibaba.com business group, the company told Reuters on Tuesday. Alibaba has been ramping up its international expansion with various acquisitions, including leading a roughly $200 million investment round in U.S. […]

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(Reuters) – Alibaba Group Holding Ltd, Chinas largest e-commerce firm, offered to acquire AutoNavi Holdings Ltd in a deal valuing the Chinese digital mapping and navigation firm at $1.45 billion. Alibaba has been trying to expand its product line-up to better compete with Chinese rivals Tencent Holdings Ltd and Baidu Inc, particularly on mobile devices. […]

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(Reuters) – JD.com, Chinas second-largest e-commerce company behind Alibaba Group Holding Ltd, said on Thursday it plans to raise up to $1.5 billion in an initial public offering in the United States. JD.com, which said in December it expected to top 100 billion yuan ($16.51 billion) in annual sales for the first time, is riding […]

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