Chinese tech giants Tencent (NASDAQOTH: TCEHY) and Alibaba (NYSE: BABA) could acquire a minority stake in U.K. advertising giant WPP 's (NYSE: WPP) Chinese unit, according to Sky News. Tencent and ...
Alibaba Group’s $206 million stake in US startup ShopRunner this fall foreshadowed the Chinese commerce giant’s interests in cross-country expansion. With a looming IPO expected this year and reports ...
Alibaba reported a year-over-year revenue (YoY) increase of 9%, reaching RMB 224.8 million (US$30.8 million) in the quarter ended September 30, 2023. Alibaba's advertising and commerce sectors, ...
Chinese e-commerce giant Alibaba is investing $2.23 billion for a stake in Focus Media, an outdoor digital advertising company based in Shanghai, according to company filings reported in TechCrunch.