All Posts Tagged With: "Alibaba"
Wal-Mart Stores Inc. (NYSE:WMT) has announced its intentions to sell its online business in China to JD.com, the country’s largest e-commerce site when measured by revenue and second largest by market share. As part of the deal, JD.com will control the brand, website and app for e-commerce platform Yihaodian, and Wal-Mart will retain the subsidiary’s […]
Today marked the first time that Alibaba Group Holding Ltd. (NYSE:BABA) has released an annual revenue forecast. The company projected a 48 percent increase in revenue for the fiscal year ending in March. Excluding recently acquired companies, revenue still is expected to rise 36 percent. The new forecast is considerably higher than the 33 percent […]