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Alibaba Group Announces Expansion of Cross-Border E-commerce Initiatives

Alibaba will set up country pavilions and cooperate with foreign embassies to enhance global trade between small businesses and the Chinese market Alibaba Group Holding Limited (NYSE:BABA), announced an expansion of its cross-border e-commerce initiatives, including the launch of 11 official country pavilions on its Tmall Global platform and cooperative partnerships between Juhuasuan, Alibaba’s group-buying platform, and 26 foreign embassies ... Read More »

Alibaba Group Splits into Seven New Units

The Alibaba Group has announced a reorganization splitting the company into seven major business groups.  The seven groups will be made up of online shopping marketplaces (1)Taobao.com,  (2)eTao, (3)Tmall.com, (4) Ju Hua Suan, (5) Alibaba International Business Operations (formerly the B2B unit); (6) Alibaba Small Business Operations (the domestic B2B unit); and (7) AliCloud, the Group’s cloud computing and information ... Read More »