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Alibaba Takes 18.5% Stake in Youku Tudou

Youku Tudou, 4/28/14

Chinese online video site operator Youku Tudou (NYSE: YOKU) today announced that the company has entered into definitive agreements with a joint investment vehicle of Chinese e-commerce conglomerate Alibaba Group and Yunfeng Capital pursuant to which Alibaba and Yunfeng Capital, through the joint investment vehicle, will invest an aggregate of approximately USD 1.22 bln to purchase a number of Class A ordinary shares from the company, estimated at 707,250,870 newly issued shares, and 13,869,990 existing Class A ordinary shares, at a purchase price of USD 1.6944 per share, corresponding to USD 30.50 per American Depositary Share of the company, each representing 18 Class A ordinary shares. Read More

Rumor: Alibaba to Overhaul Wireless Business Leadership

Ebrun, 2/20/14

According to an industry insider, Chinese e-commerce conglomerate Alibaba Group has begun major personnel changes to the company's wireless division, with all current executives in the division to be replaced. Read More

Alibaba to Release Mobile Versions of Merchant Tools

Sina Tech, 11/19/13

Chinese e-commerce conglomerate Alibaba Group has announced that the company will release a mobile e-commerce service platform, offering mobile versions of common Alibaba merchant tools. Read More

Alibaba Requires Staff to Use Laiwang Mobile IM

China Business News, 10/22/13

Staff at Chinese e-commerce conglomerate Alibaba Group have confirmed that company employees are being required to use Alibaba's mobile instant messaging SNS app Laiwang. Read More

Rumor: Alibaba to Invest RMB 1 Bln in Henan Logistics Project

Beijing Business Today, 10/14/13

According to an insider at Chinese e-commerce conglomerate Alibaba Group, the company's smart logistics subsidiary Cainiao will spend at least RMB 1 bln on a logistics project in Zhengzhou, Henan province. Read More

Alibaba Establishes IPR Group

Ebrun, 4/23/13

Alibaba Group has established a permanent body within the company, the "intellectual property rights working group." Read More

Alibaba Group Names New CEO

Alibaba Group, 3/11/13

Chinese e-commerce conglomerate Alibaba Group has announced on the company's official blog that Alibaba Executive VP Jonathan Lu with take over as CEO of Alibaba Group when current CEO Jack Ma steps down on May 10. Read More

Alibaba Group Reorganizes into 25 Business Units

Sina Tech, 1/10/13

Chinese e-commerce conglomerate Alibaba Group announced today that it will adjust the structure and organization of its existing businesses. Read More

Alibaba Spins Off Aliyun OS from AliCloud

The Beijing News, 9/21/12

Chinese e-commerce conglomerate Alibaba Group has announced that it will spin off its Aliyun operating system from AliCloud and establish a new Aliyun OS business unit under Alibaba Group. Read More

Alibaba Group Appoints Chief Data Officer

Sina Tech, 7/10/12

Chinese e-commerce conglomerate Alibaba Group today announced it will establish a new Chief Data Officer position to oversee the company's "data sharing platform" strategy. Read More