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Alibaba Group Holding Ltd (NYSE:BABA) Rolls Out Health Care Goods Delivery Service

Alibaba Group Holding Ltd (NYSE:BABA) is introduce a three-hour delivery service for healthcare products. The Chinese ecommerce giant will introduce the service to five cities, thus emulating its rival JD.Com Inc (ADR) (NASDAQ:JD). Shanghai and Beijing will be among the five cities to benefit from the new service. However, the company has future plans to […]

Apple Inc. (NASDAQ:AAPL) – May Rally Anytime Now

Apple Inc. (NASDAQ:AAPL) ended the last trading session almost flat with a minor loss of 0.36%. The volume dried to 48 million against the daily average of 55 million. The market may feel excited about the possibility of a partnership of the company with Alibaba Group Holding Ltd (NYSE:BABA), on the payment front. Technically, Apple […]

Zulily Inc (NASDAQ:ZU) – Downside Risk Remains Below $18-$20

Zulily Inc (NASDAQ:ZU) surged by 20% in the opening hours yesterday but latter bout of profit booking ate up most of the gains and finally the stock closed with a gain of only 5.15%. The jump came on the back of the news of Alibaba Group Holding Ltd (NYSE:BABA) holding a stake of 9.3% in […]

Alibaba Group Holding Ltd (NYSE:BABA) – Bullish Reversal Only Above $90

Alibaba Group Holding Ltd (NYSE:BABA) took a pause on Friday after the sharp rally on Thursday. The stock ended the last trading session of the week with a minor gain of 1.23%, sustaining the higher levels. The 10 percent rally on Thursday came on the back of a forecast beating fourth quarter result. The company […]

Alibaba Group Holding Ltd (NYSE:BABA) Names New CEO After A Lackluster Beginning To The Year

China’s Alibaba Group Holding Ltd (NYSE:BABA), is looking to a new chief executive and a host of young leaders to take it through a potentially more difficult and more mobile future. The changes occur as the world’s biggest e-commerce firm by transaction volume confronts growing competition, increased official examination at home and abroad as well […], Inc. (NASDAQ:AMZN) Rival Tests E-Commerce Waters With Soft Launch is finally ready to roll out its services. The new e-commerce service plans on making an entry into the online market as a challenge to the e-commerce giant,, Inc. (NASDAQ:AMZN). The new company will open up its services to its initial 10,000 subscribers giving them an opportunity to access a variety of products. […]

Alibaba Group Holding Ltd (NYSE:BABA) Has Grown Too Quickly, Says Jack Ma

The slowing economy in China seems leaving its impacts on e-commerce industry as well. After a few other leading internet based companies, it’s Alibaba Group Holding Ltd (NYSE:BABA) that has decided to take a backseat. According to reports, Alibaba has decided to stop its recruitment process for the rest of the year. Road Ahead: The […]

Tencent Challenges Alibaba Group Holding Ltd (NYSE:BABA) And Google Inc (NASDAQ:GOOGL) With Own Smartphone Software

Tencent Holdings Ltd. has come up with its operating system for smart watches and smartphones on Tuesday. The primary objective is to grab more than 557 million Chinese users who look to access internet through mobile phones. The newest offering of Tencent is an open challenge for Alibaba Group Holding Ltd (NYSE:BABA) and Google Inc […], Inc. (NASDAQ:AMZN) Gears Up To Combat Against Aliyun, Inc. (NASDAQ:AMZN) has not let the cat out of its bag for nine long years; finally, it broke lose the net earnings for its Web Services. On Thursday, Amazon conveyed that it has carried out net sales worth $1.57 billion, in a bid to suggest that it has been doing great in cloud computing […]

Oliver Weisberg to Manage Family Office for Alibaba Group Holding Ltd (NYSE:BABA)

Oliver Weisberg, a managing director of Citadel, has quit after nine years. Oliver is currently engaged with a family office for Alibaba Group Holding Ltd (NYSE:BABA) and is helping to run it. Weisberg will leave his job at Citadel at the end of June according to Katie Spring, a Chicago-based spokeswoman for Citadel. There were […]

Alibaba Group Holding Ltd (NYSE:BABA)’s Aliyun Building China’s First Cloud Hospital

Aliyun, Alibaba Group Holding Ltd (NYSE:BABA)‘s cloud computing subsidiary has signed up to build what it terms the first cloud hospital in China. Strategic Alliance Today Aliyun declared that it has allied with Xi’an International Medical Investment and DHC Software to develop a hospital administration platform. They maintain that the latter will enhance the quality […]

Alibaba Group Holding Ltd (NYSE:BABA) fined BY Chinese Government over Pricing Issues

Alibaba Group Holding Ltd (NYSE:BABA) has been fined by the Chinese government over pricing issues with respect to products sold on its online marketplaces dating to Singles’ Day in 2013. The Chinese authorities have fined Alibaba for alleged pricing irregularities related to Singles’ day sale in the past two years. The event “Singles’ Day” on […]

Alibaba Group Holding Ltd (NYSE:BABA) Plans to Focus on Selling Prescription Drugs Under Its Health Wing

Alibaba Group Holding Ltd (NYSE:BABA) is now planning to shift its online pharmacy, Tmall, to its healthcare subsidiary. The shift has been estimated to be worth $2.51 billion. The move is part of an effort by the company to focus more on healthcare. The details of the deal state that the company would shift the […]

Alibaba Group Holding Ltd (BABA) Strikes $2.5 Billion Deal With Its Hong Kong-Based Affiliate And Another Investor To Consolidate Its Online Healthcare Business Unit

Alibaba Group Holding Ltd (NYSE:BABA) is consolidating its online pharmacy business in a $2.5 billion transaction involving its affiliate listed in Hong Kong and another investor. The step is expected to accelerate Alibaba Group’s ride in the booming Chinese online healthcare business, which will soon include prescription drugs. The affiliate that will take charge of […]

Alibaba Group Holding Ltd (NYSE:BABA) Can Deploy Programs To Fight Counterfeits

Alibaba Group Holding Ltd (NYSE:BABA) has mentioned in a statement that the company possess a range of measures to fight the growing counterfeits it has been facing on its website. The remarks come after a trade group had formally requested the U.S government to help them as they prod the Chinese e-commerce company. This will […]