Alibaba Group has decided to sell off its 11Main e-commerce site in the U.S., as part of its focus on attracting foreign brands to its China business. OpenSky, a U.S.-based online retail company ...

GoBankingRates tapped the expertise of stock market and finance experts to provide insight -- here is what they said.

Alibaba Group Holding Ltd., the giant online retailer in China, hoped to replicate its success with a U.S. online shopping site and, thus, take a crack at Amazon.com Inc. and others.

China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo.

During the beginning of the China domestic eCommerce boom in the mid 2000s, Alibaba received a $1billion investment from Yahoo! in exchange for 40% of the company.I don't know anyone that had a ...

Alibaba and JD.com are the two largest ecommerce companies in China. In May 2021, Alibaba's percentage of total retail ecommerce sales in China was 47.1% and JD.com's was 16.9%, according to a ...

Alibaba (NYSE: BABA), the largest e-commerce player in China, controls 58% of the country's e-commerce market, according to eMarketer. Its closest rival, JD.com (NASDAQ: JD), controls just 16% of ...

Anyone who has dabbled in China’s online sphere would have heard the well-worn comparisons between Baidu and Google, and Alibaba and Amazon. On the surface Baidu looks very much like Google, but ...

China's challenging consumer environment has put pressure on all retailers and e-commerce platforms, though Alibaba appears to have halted some erosion of its lead in market share in recent quarters.

Alibaba – the massive Chinese online retailer – confirmed to Re/Code that it's creating a new, U.S. e-commerce site called 11 Main. The site has yet to launch, but it will be a marketplace for ...

Alibaba’s Taobao e-commerce site targets fake AI-generated product images in crackdown. Taobao’s initiative aligns with China’s broader regulatory efforts to address the misuse of generative AI.

Since Alibaba, JD, and Pinduoduo are all e-commerce companies operating in China, they all share some risks beyond the typical risks that one would expect with growing e-commerce companies. For ...