Nov 22, 2011 5:54 AM
We’ve observed a lot of western companies looking to cash in on the explosive growth of China’s mobile population by taking their products into the country. Now here’s an example of a Chinese giant looking shop its own mobile services abroad: the internet portal Tencent is now distributing its QQ…
Posted In: Apps, E-Commerce, Payment Systems, Entertainment, Games, Mobile, Technologies / Formats, Broadband, Browsers, Companies, Apple, iTunes, Google, Android, T-Mobile, Countries, Asia, China, alibaba, app store, baidu, getjar, java, symbian, tencent
Nov 18, 2011 5:51 AM
China has become an increasingly important part of Apple’s empire, and today it looks like the company has taken one more step to growing that even more: the company is now accepting payments in Chinese Yuan on its App Store.
Posted In: Apps, Legal, Piracy, Mobile, Companies, Apple, iPad, iPhone, iTunes, Countries, Asia, China, alibaba, alipay, apple store, china, china mobile, ebay, paypal, tencent
Nov 14, 2011 6:09 PM
Apple (NSDQ: AAPL) has yet to give a line on where it sees NFC in its future product and service roadmaps, but that doesn’t mean the company has ignored the issue of mobile payments, or decided to leave it entirely to third parties like Square to use its devices to…
Posted In: E-Commerce, Mobile, Companies, Apple, iPhone, iTunes, Google, Android, Nokia, Countries, Asia, China, alibaba, alipay, apple store, barcodes, neomedia
Oct 4, 2011 9:53 AM
Not a new development, but further confirmation that there may be one on the horizon. China’s Alibaba, Russian investor Digital Sky Technologies and U.S.-based VC firm Silver Lake are preparing a joint offer to buy Yahoo (NSDQ: YHOO), according to reports.
Posted In: E-Commerce, Search, Companies, Facebook, Microsoft, Spotify, Yahoo, Zynga, Countries, Asia, China, Japan, Europe, Russia, alibaba, digital sky technologies, dst, jack ma, silver lake
Sep 2, 2011 5:14 AM
Baidu (NSDQ: BIDU), the search-portal provider and “Google (NSDQ: GOOG) of China,” has made a key move into the world of mobile today: it is launching its own app store, to be called “Baidu Yi,” which will be available on Google’s Android OS. The move comes after months of speculation…
Posted In: Apps, Entertainment, Games, Gadgets, Tablets, Mobile, Search, Companies, Amazon, Facebook, Google, Android, HTC, Nokia, Countries, Europe, UK, Asia, China, alibaba, baidu, baidu yi, sina, weibo
May 13, 2011 2:30 PM
The Alibaba-Yahoo (NSDQ: YHOO) “he says, she says” continues: Yahoo, which already had an embattled relationship with Chinese e-commerce giant Alibaba, in which it owns a 39 percent stake, says that Alibaba handed off a critical unit without its knowledge. In a statement, the company says it was notified on…
Posted In: Money, Companies, Yahoo, Countries, Asia, China, alibaba
Feb 21, 2011 12:30 PM
A huge executive shakeup at Yahoo-linked Chinese e-commerce giant Alibaba.com: CEO David Wei and COO Elvis Lee have both resigned, after the company determined that some employees had facilitated widespread fraud on the site. According to a press release (via LATimes), an internal investigation found that more than 1,000 of…
Posted In: E-Commerce, Companies, Yahoo, Countries, Asia, China, alibaba, david wei, elvis lee
Sep 17, 2010 6:41 PM
Yahoo (NSDQ: YHOO) is finally moving into damage-control mode to preserve whatever good will there is left in its relationship with Alibaba, which it owns a 39 percent stake in. CEO Carol Bartz told Reuters earlier this week that Alibaba “constantly” approaches Yahoo about buying back its stake in the…
Sep 9, 2010 4:50 PM
The latest harsh words in what appears to be an increasingly rocky relationship between Alibaba.com and its 39 percent owner Yahoo: An Alibaba spokesman tells the Financial Times that his company might have to “further reevaluate our relationship with Yahoo” because Yahoo’s Hong Kong site is apparently interested in soliciting…
Posted In: E-Commerce, Money, Companies, Yahoo, Countries, Asia, China, alibaba
Aug 25, 2010 9:26 AM
China e-commerce site Alibaba has acquired eBay (NSDQ: EBAY) auction management provider Auctiva. This is the Hong Kong company’s second U.S.-based purchase in less than two months. In June, Alibaba bought Vendio, another eBay auction manager based in San Mateo, CA. Both deals are part of Alibaba’s plans to invest…
Posted In: E-Commerce, Marketing, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Yahoo, Countries, Asia, China, alibaba, auctiva
Jun 3, 2010 7:50 PM
Chinese e-commerce giant Alibaba Group has said publicly it wants to buy back its shares that Yahoo owns—but what if it did so by buying all of Yahoo? (NSDQ: YHOO) Stifel Nicolaus analyst George Askew makes the suggestion in a report this morning, first cited by TechTraderDaily. Askew’s reasoning: “We…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Yahoo, alibaba
Jan 17, 2010 11:50 PM
Google’s threat to exit China in response to internet attacks originating from that country is drawing attention to the rocky relationship between Yahoo (NSDQ: YHOO) and Chinese e-commerce giant Alibaba Group, which it owns a 44 percent stake in. Last week, Yahoo said: “We condemn any attempts to infiltrate company…
Posted In: Companies, Google, Yahoo, Countries, Asia, China, alibaba, google china
Aug 27, 2008 10:02 AM
Alibaba.com, the Chinese B2B marketplace, in which Yahoo (NSDQ: YHOO) holds direct and indirect stakes, said revenue for the first half of ‘08 jumped 47.8 percent to RMB 1.45 billion ($211.9 million). Net income was up 136 percent to 697.2 million ($101.8). In terms of raw numbers, Alibaba.com has 32.5…
Posted In: Money, Earnings, Companies, Yahoo, Countries, Asia, China, alibaba
May 15, 2008 11:07 AM
Alibaba.com and Softbank today announced formation of a joint venture company called Alibaba.com Japan. The total investment will be $20 million with Softbank accounting for 65 percent of the investment and Alibaba with the rest at 35 percent. The new company will take over the operation of Alibaba.com’s existing Japanese-language…
Posted In: Companies, Yahoo, Countries, Asia, China, Japan, alibaba, softbank
May 6, 2008 6:25 AM
Alibaba.com, the Chinese B2B marketplace and a key puzzle piece in valuing Yahoo (NSDQ: YHOO), announced Q1 revs of RMB680.1 million ($97.3 million) for 53.2 percent growth over last year. On a sequential basis, revenue was up 7.2 percent. Net income was up 111.7 percent to RMB300.7 ($43 million). The…
Posted In: Money, Earnings, Companies, Yahoo, Countries, Asia, China, alibaba
Mar 18, 2008 10:03 PM
Yahoo (NSDQ: YHOO) touted its Asian holdings as a key reason why Microsoft (NSDQ: MSFT) ought to pay more for the company, arguing that they represent extra strategic value. But Alibaba, the Chinese internet conglomerate that’s 39 percent owned by Yahoo, is looking for someone to take over this stake,…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Microsoft, Yahoo, Countries, Asia, China, alibaba
Feb 17, 2008 7:56 PM
That a Microsoft-Yahoo tie up would draw some serious scrutiny from the EU almost goes without saying. But because of Yahoo’s significant holdings in the Alibaba Group, the deal may raise flags in China as well. WSJ reports that the internet conglomerate has been contacted by regulators in China concerned…
Posted In: Legal, Regulatory, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Microsoft, Yahoo, Countries, Asia, China, alibaba
Nov 6, 2007 10:08 AM
Shares of Alibaba.com, the Chinese B2B marketplace, nearly tripled in their Hong Kong debut, closing at HK$39.50 (US$5.09), after its IPO priced at HK $13.50 (US$1.74). The steep rise was easy to see coming, considering the groundswell of enthusiasm for the company preceding the IPO. The company now sports a…
Posted In: Money, IPO, Companies, Yahoo, Countries, Asia, China, alibaba
Oct 29, 2007 10:51 AM
Not surprisingly, the IPO of Alibaba.com, the B2B arm of the Alibaba Group, priced right at the top of the range, with shares going for HK$13.50 (US$1.74) each, according to the WSJ. The company sold 858.9 million shares, bringing its total total haul to $1.49 billion. As this lot represents…
Oct 26, 2007 3:40 PM
The Alibaba.com IPO is set to price imminently with trading scheduled to begin on November 6th. One beneficiary of the mounting investor enthusiasm for the company is Yahoo, (NSDQ: YHOO) which holds a 39 percent stake in its parent company Alibaba Group, and is set to invest another $100 million…
Posted In: Money, IPO, Companies, Yahoo, Countries, Asia, China, alibaba, taobao
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