Alibaba

Kering Sues Alibaba in the U.S Court for Selling Counterfeit Goods

Kering Sues Alibaba in the U.S Court for Selling Counterfeit Goods

Fakes are a big threat to e-commerce companies and invite real trouble at times. Alibaba is once more getting sued by Kering, which is a group of luxury brands including Gucci and Yves Saint Laurent. The company is suing Alibaba for selling imitations through its e-commerce platforms.

In a $2.5 Billion Deal, China’s Alibaba Injects Pharmacy Business into affiliate Listed in HK

In a $2.5 Billion Deal, China’s Alibaba Injects Pharmacy Business into affiliate

To benefit from the booming business of online health-related business, Alibaba Group Holding the Chinese e-commerce firm is introducing its operations of online pharmacy into a Hong Kong-listed affiliate. The deal of $2.5 billion will consolidate its healthcare enterprise and the firm hopes to ride the boom in the sector.

Alibaba May Invest in Snapchat But the Company’s Interest in the App is Intriguing

Alibaba May Invest in Snapchat But the Company’s Interest in the App is Intrigui

Snapchat, the photo and message sharing app could get a big financial backing soon. This time it comes from China's Alibaba Group Holding. The company is planning to investment approximately $200 million in Snapchat. The new deal, if successful could value the messaging app at a $15 billion.

U.S Regulators have Requested Alibaba to Provide Information about Allegation in China

U.S Regulators have Requested Alibaba to Provide Information about Allegation in

On Friday, Alibaba the leading e-commerce giant of China said that the U. S. regulators have requested the company to provide information about the allegations brought against the company by the Chinese authorities about not doing enough to avert the sale of fake goods on its websites.

Alibaba to Invest US$590 Million to Props Up It’s Mobile OS

Alibaba to Invest US$590 Million to Props Up It’s Mobile OS

Alibaba Group will be investing US$590 million in a venture with Meizu which is a smartphone maker from China. The smartphone company has been helping Alibaba to promote its very own mobile OS which is in completion with Google's Android.

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