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Alibaba

Alibaba founder says to consider Hong Kong listing: SCMP
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HONG KONG (Reuters) – Alibaba Group Holding Ltd will consider a listing in Hong Kong, the South China Morning Post reported the company’s founder Jack Ma as saying – remarks which follow the city’s decision to allow dual class share listings.

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Exclusive: Ford set for China tie-up with Alibaba to test online, direct auto sales – source
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BEIJING (Reuters) – Ford Motor Co is expected to sign as early as Thursday a deal with Alibaba Group Holding Ltd which may allow the U.S. automaker to test selling cars to consumers in China through Alibaba’s online retail arm Tmall, as well as via a new “auto vending machine” store concept, according to a […]

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Alibaba must face renewed lawsuit over IPO: U.S. appeals court
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NEW YORK (Reuters) – A U.S. appeals court on Tuesday revived a lawsuit accusing Alibaba Group Holding Ltd of defrauding shareholders by concealing a regulatory warning about counterfeiters that the Chinese online retailer had received shortly before going public.

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Alibaba takes control of logistics business, pledges $15 billion to expand network
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HONG KONG/BEIJING (Reuters) – Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build out a global logistics network, underscoring aggressive expansion plans overseas.

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Mexico signs e-commerce deal with China's Alibaba Group
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MEXICO CITY (Reuters) – Mexico’s government said on Wednesday it has inked a deal with Alibaba Group Holding Ltd, to get Mexican products and services, especially from small- and medium-sized firms, onto the top Chinese e-commerce firm’s platform.

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Chinese logistics firm Best, backed by Alibaba, launches $932 million U.S. IPO
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HONG KONG (Reuters) – Best Inc, a Chinese logistics company backed by Alibaba Group, has launched an up to $932 million initial public offering, seeking funds to expand its logistics and supply chain network, develop new technology and open more of its convenience stores.

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China's Alibaba outstrips revenue estimates with online sales growth
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(Reuters) – Alibaba, China’s top e-commerce firm, beat analyst’s estimates with a 56 percent rise in first-quarter revenue, driven by growth in online sales which make up most of its business.

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Kering drops suit against Alibaba, to co-operate on counterfeits
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PARIS (Reuters) – French luxury goods group Kering has dropped a lawsuit filed in New York against Alibaba and Alipay and agreed instead to co-operate with the two companies to safeguard intellectual property rights and fight counterfeiting.

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Singapore slings? Taking on Alibaba, Amazon launches Prime Now in the city state
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SINGAPORE (Reuters) – Amazon.com Inc launched its two-hour delivery service in Singapore on Thursday, marking the e-commerce giant’s push into populous Southeast Asia and its first head-on battle with its Chinese rival, Alibaba Group Holding.

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