Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce. Read More
HONG KONG SAR - Media OutReach Newswire - 11 July 2025 - As China continues to streamline its visa, transportation, payment and departure tax refund...
Amazon's (NASDAQ: AMZN) Prime Day, a retail extravaganza generating billions in sales, can be traced back to a pivotal pitch made to Jeff Bezos, the company's founder, by a single executive.
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the completion of its private offering (the “Bond Offering”) of HK$12.023 billion aggregate principal amount of Zero Coupon Exchangeable Bonds due 2032 (the “Bonds”) by reference to the ordinary shares of Alibaba Health Information Technology Limited (“Alibaba Health”) that are listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) (HKEX: 00241) (“AH Shares”). The Bonds were sold to certain non-U.S. persons in offshore transactions outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”).
Alibaba expects digital colleagues to become part of daily life in 5 years, with AI-powered software performing routine tasks and freeing humans for more strategic responsibilities.
China commands 56.6% of the global laser equipment market (2024), exporting ¥14.1 billion worth of laser cutters annually. This dominance stems from aggressive innovation, cost leadership, and cluster manufacturing—with Shandong, Guangdong, and Hubei as core hubs. Redsail Laser, also known as Redsail Technology, founded in Jinan’s High-Tech Zone, exemplifies this rise, targeting SMEs worldwide with budget-friendly yet precision-engineered CO₂ laser systems.
Alibaba Group Holding (NYSE: BABA) reported a sharp rise in on-demand delivery transactions, with 80 million daily orders on Taobao Instant Commerce and Ele.me.
During the “618 Shopping Festival”, the second-largest shopping event in China, the company said its high-end models topped rankings on major e-commerce platforms.
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced the pricing of its private offering (the “Bond Offering”) of HK$12.023 billion aggregate principal amount of Zero Coupon Exchangeable Bonds due 2032 (the “Bonds”) by reference to the ordinary shares of Alibaba Health Information Technology Limited (“Alibaba Health”) that are listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) (HKEX: 00241) (“AH Shares”). The Bonds were offered to certain non-U.S. persons in offshore transactions outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The Bond Offering is expected to close on July 9, 2025, subject to customary closing conditions.
