daniel zhang
Alibaba CEO Daniel Zhang to pass the torch and focus on cloud
Hours after rumors started circling in China about Alibaba’s chairman and CEO Daniel Zhang possibly stepping down, the e-commerce behemoth confirmed midday on Tuesday that the executive will hand over…
Alibaba extends logistics arm to Pakistan for e-commerce unit Daraz
Cainiao, the logistics service operated by Alibaba, is launching two automated distribution centers in Karachi and Lahore as its first entry into Pakistan, it announced on Friday. Alibaba’s overseas expansion…
Alibaba is reassigning roles to four of its executives in one of the biggest reshuffles in its recent history, the company announced on Monday morning. Maggie Wu, the e-commerce titan’s…
China roundup: Alibaba’s sexual assault scandal and more delayed IPOs
A sexual assault case at Alibaba has sparked a new round of #MeToo reckoning in China. Industry observers believe this is a watershed moment for the fight against China’s allegedly…
Alibaba passes IBM in cloud infrastructure market with over $2B in revenue
When Alibaba entered the cloud infrastructure market in earnest in 2015 it had ambitious goals, and it has been growing steadily. Today, the Chinese e-commerce giant announced quarterly cloud revenue…
China Roundup: Alibaba’s Hong Kong listing and Tencent’s new fuel
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.…
China Roundup: TikTok stumbles in the US and Huawei shipments continue to surge
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.…
Alibaba returns to growth with revenue up 51% to $13.9 billion
It’s business as usual for Alibaba after the Chinese e-commerce giant bounced back from a lackluster Q3 — which saw its slowest growth for three years. For Q4, the company…
Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing
Alibaba scored another blockbuster Singles’ Day after customers around the world shopped in stores and online on the tenth edition of its November 11 shopping festival. That puts this year’s…
Alibaba goes big on Russia with joint venture focused on gaming, shopping and more
Alibaba is doubling down on Russia after the Chinese e-commerce giant launched a joint venture valued at around $2 billion with one of the country’s leading internet companies. Russia is…
Alibaba announces CEO Daniel Zhang will succeed Jack Ma as chairman next year
Following speculation about Jack Ma’s imminent retirement, Alibaba Group announced today that its CEO, Daniel Zhang, will succeed Ma as chairman next year. After stepping down as chairman on September…
Jack Ma says he isn’t about to retire from Alibaba but is planning a gradual succession
Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on the cusp of leaving the…
Alibaba beats forecasts with 61% growth and predicts more of the same for the next year
Alibaba is forecasting yet more growth for its business after it beat analyst forecasts with its fourth-quarter results. Revenue came in at 61.9 billion RMB ($9.9 billion), an increase of…
Alibaba is back on U.S. blacklist of “notorious marketplaces”
The USTR dropped its annual blacklist calling out marketplaces that are rife with counterfeit and pirated goods this week. Many of the shopping centers and sites listed in this “Special 301”…
