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Alibaba to buy SingPost stake for $249 million to boost e-commerce logistics

2014-05-28 12:51:48| IT Services - Topix.net

A unit of Chinese e-commerce giant Alibaba Group Holdings Ltd will buy a minority stake in Singapore Post Ltd for S$312.5 million to help set up an international e-commerce logistics business.

Tags: buy million boost logistics

 

Alibaba buys stake in SingPost

2014-05-28 10:38:37| BBC News | Business | UK Edition

Chinese e-commerce giant Alibaba buys a 10% stake in Singapore's national postal service provider SingPost for S$312.5m ($249m; 148m).

Tags: alibaba buys stake buys stake

 
 

Former PepsiCo exec Wilkinson hired to head Alibaba communications

2014-05-12 23:02:25| Beverages - Topix.net

Jim Wilkinson has been named to lead Alibaba Group's worldwide public relations efforts days after the Chinese e-commerce giant announced plans for a blockbuster initial public offering.

Tags: head communications alibaba hired

 

As China e-commerce basks in Alibaba IPO glow, ageing warehouses lure global investors

2014-05-11 23:47:27| Logistics - Topix.net

Alibaba Group Holding Ltd's plans for a giant initial public offering in New York highlight vast potential for e-commerce in China - and the weak link the logistics industry must fix if explosive growth projections are to be reached.

Tags: china global investors alibaba

 

Alibaba should be watched, but doesn't spell doom for Amazon

2014-05-09 10:33:25| IT Services - Topix.net

Amazon.com founder Jeff Bezos shouldn't worry too much about Alibaba's IPO, and just focus on his own backyard, analysts say.

Tags: for amazon watched alibaba

 

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