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Alibaba Acquires Import E-Commerce Platform Kaola from NetEase

NetEase, 9/05/19

Chinese internet conglomerates NetEase, Inc. (Nasdaq: NTES) and Alibaba Group (NYSE: BABA) today announced Alibaba's acquisition of NetEase's import e-commerce platform Kaola for approximately USD 2 bln. 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 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

TMall Personalizes Product Search Based on User Info

Tencent Tech, 8/02/12

Daniel Zhang, president of Alibaba Group's B2C e-commerce site TMall, said on August 2 that the site's product search results now take customers' unique user IDs or cookies into account in order to present results informed by previous purchasing or shopping behavior. Read More

Alibaba Group Introduces New System to Integrate Business Units

Sohu, 7/23/12

Chinese e-commerce conglomerate Alibaba Group announced today that it will define its Taobao (C2C & B2C), ETao (e-commerce search), TMall (B2C), Juhuasuan (group buy), Alibaba.com (international B2B), Alibaba Small Enterprise services, and Alibaba Cloud Computing ("AliCloud") as seven major business groups comprising a CBBS (Consumers, Channel Businesses, Manufacturing Businesses, and E-Commerce Service Providers) market system. Read More

Taobao Sites to Add Social Networking Features

Taobao, 12/07/11

Daniel Zhang, president of Hangzhou-based B2C e-commerce platform Taobao Mall, recently disclosed that Taobao companies, including Taobao Mall, Taobao Marketplace and shopping search engine eTao are looking to build an e-commerce social network for Taobao's 400 mln registered users. Read More

Rumor: Taobao Mall Invites Major B2Cs to Open Stores

BiaNews, 8/25/11

Hangzhou-based B2C e-commerce platform Taobao Mall reportedly plans to invite China's 30 largest B2C e-commerce sites to open stores on the Taobao Mall platform. Read More

Taobao Splits into Three Independent Companies

Alizila PR, 6/16/11

In an e-mail to the staff of Hangzhou-based C2C & B2C e-commerce subsidiary Taobao, Alibaba Group chairman and CEO Jack Ma today announced that Taobao will be split into three companies - online search engine eTao, B2C and C2C platform Taobao Marketplace (Taobao.com), and B2C platform Taobao Mall - with independent management teams. Read More

Taobao CFO: Taobao Mall Merchants Pay Revenue Share

The Beijing News, 11/02/10

Daniel Zhang, CFO of Hangzhou-based B2C and C2C e-commerce company Taobao, said that companies signing up for Taobao's new Taobao Mall service would be required to pay a percentage of profits to Taobao as a service fee - 5% for clothing retailers, say, or 2% for electronics retailers. Read More

Ex-Baidu COO to Oversee Taobao Mall

Sina Tech, 10/12/10

Alibaba Group's B2C and C2C e-commerce subsidiary Taobao has announced the appointment of former Baidu (Nasdaq: BIDU) COO Ye Peng as VP in charge of daily operations for Taobao Mall. Read More