Chinese e-commerce giant Alibaba has beaten market expectations with a huge jump in quarterly revenues fuelled by online shopping. Revenues for the three months to September rose 61% on the same ...
The company began its expansion by purchasing taobao.com – China’s largest shopping website. Alibaba also runs China’s most popular online payment system – alipay.com, which works ...
The work paid off, and within just five years, Alibaba launched Taobao Marketplace, an online shopping forum, which later included Aliwangwang, a computer-based messaging tool to help buyers and ...
Tmall is Alibaba's premium online shopping platform that mainly hosts established brands. All Tmall stores are directly accessible from both Taobao and Tmall apps. The two platforms have a ...
(PDD), all of which operate across China's search, online entertainment, and shopping industries, traded higher on the news, too. We remain buy-rated on Alibaba, expecting outperformance to ...