NYSE:BABA

Alibaba Group Will Announce March Quarter 2024 and Full Fiscal Year 2024 Results on May 14, 2024

Retrieved on: 
Tuesday, April 30, 2024
Online Retail, Retail, Technology, Other Retail, Other Technology, Internet, BABA, HKEX, RMB, PIN, HKD

To join the conference, please dial the number provided, enter the passcode followed by your PIN, and you will join the conference.

Key Points: 
  • To join the conference, please dial the number provided, enter the passcode followed by your PIN, and you will join the conference.
  • A live webcast of the earnings conference call can be accessed at https://www.alibabagroup.com/en/ir/earnings .
  • A replay of the conference call will be available for one week from the date of the conference (Dial-in number: +1 855 883 1031; English conference PIN 10038090; Chinese conference PIN 10038092).
  • Please visit Alibaba Group’s Investor Relations website at https://www.alibabagroup.com/en/ir/home on May 14, 2024 to view the earnings release and accompanying slides prior to the conference call.

Alibaba.com Unveils Affordable, Customizable Logistics Solutions for U.S. SMEs

Retrieved on: 
Wednesday, April 17, 2024
Supply, FBA, Interview, Alibaba Group, Supply chain, SME, RFQ, Warehouse

Alibaba.com's Logistics Marketplace not only allows buyers to connect with potential logistics service providers that are pre-vetted by the platform, but identify solutions tailored to their individual logistics demands.

Key Points: 
  • Alibaba.com's Logistics Marketplace not only allows buyers to connect with potential logistics service providers that are pre-vetted by the platform, but identify solutions tailored to their individual logistics demands.
  • It aims to reshape how SMEs manage their supply chain strategies, allowing them to navigate the global marketplace with fewer of the traditional logistics hurdles.
  • The platform also features a "Most Popular Services" section, which showcases key logistics options most utilized by SMEs.
  • Our Logistics Marketplace is designed to facilitate this level of operational flexibility to help SMEs as they seek to expand and achieve their business goals."

Alibaba Group Cainiao IPO Update and Share Purchase Offer Conference Call

Retrieved on: 
Tuesday, March 26, 2024
Online Retail, Retail, Technology, Other Technology, Software, Internet, Webcast, Taobao, HKD, RMB, BABA, Alibaba Group, HKEX

Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) announced that its logistics subsidiary Cainiao Smart Logistics Network Limited (“Cainiao”) has withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.

Key Points: 
  • Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) announced that its logistics subsidiary Cainiao Smart Logistics Network Limited (“Cainiao”) has withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.
  • At the same time, Alibaba Group plans to offer to minority shareholders of Cainiao (including employees) an opportunity to sell all of the outstanding shares of Cainiao held by them to Alibaba Group for US$0.62 per share, representing a total consideration of up to US$3.75 billion (the “Offer”).
  • Cainiao shareholders may choose to accept the Offer and sell their shares to Alibaba Group for cash consideration or continue to own Cainiao shares.
  • Alibaba Group owns approximately 63.7% of the fully-diluted equity interest in Cainiao (including vested equity interests under Cainiao’s employee share ownership plan).

AliExpress becomes the first exclusive e-commerce partner of UEFA EURO 2024™

Retrieved on: 
Wednesday, March 27, 2024
Partnership, International, Football, News, City, Commercial director, AliExpress, UEFA competitions, Choice, UEFA

BERLIN, March 27, 2024 /PRNewswire/ -- International online retail marketplace, AliExpress, has become the first e-commerce platform as an exclusive official global sponsor of UEFA EURO 2024TM, as the world looks ahead to an unforgettable summer with the UEFA EURO 2024™ in Germany.

Key Points: 
  • AliExpress is committed to connecting with global consumers, supporting them, so they can support their team during UEFA EURO 2024™.
  • "AliExpress is excited to be an official partner of UEFA EURO 2024™.
  • UEFA marketing director, Guy-Laurent Epstein commented: "We are thrilled to welcome AliExpress, one of the leading online retail marketplaces worldwide, as the first exclusive e-commerce platform partner for a UEFA Men's European Football Championship.
  • This starts with offering fans the chance to win some unforgettable prizes, including match tickets for UEFA EURO 2024™."

AliExpress becomes the first exclusive e-commerce partner of UEFA EURO 2024™

Retrieved on: 
Wednesday, March 27, 2024
Partnership, International, Football, News, City, Commercial director, AliExpress, UEFA competitions, Choice, UEFA

BERLIN, March 27, 2024 /PRNewswire/ -- International online retail marketplace, AliExpress, has become the first e-commerce platform as an exclusive official global sponsor of UEFA EURO 2024TM, as the world looks ahead to an unforgettable summer with the UEFA EURO 2024™ in Germany.

Key Points: 
  • AliExpress is committed to connecting with global consumers, supporting them, so they can support their team during UEFA EURO 2024™.
  • "AliExpress is excited to be an official partner of UEFA EURO 2024™.
  • UEFA marketing director, Guy-Laurent Epstein commented: "We are thrilled to welcome AliExpress, one of the leading online retail marketplaces worldwide, as the first exclusive e-commerce platform partner for a UEFA Men's European Football Championship.
  • UEFA EURO 2024™ takes place 14 June-14 July in ten host cities across Germany and will see 24 national teams compete.

Alibaba.com Witnesses Notable Increase in U.S.-Based SME Buyers During Its Annual March Expo

Retrieved on: 
Thursday, March 21, 2024
Alibaba Group, Growth, SME, Video game

NEW YORK, March 21, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, today announced it has recorded a 14% increase in the number of active B2B buyers across the U.S. between March 1 and March 18 during this year's March Expo. March Expo is Alibaba.com's annual online trade fair that connects buyers and sellers from around the world to help them discover new products, services and possibilities to grow their business.

Key Points: 
  • March Expo is Alibaba.com's annual online trade fair that connects buyers and sellers from around the world to help them discover new products, services and possibilities to grow their business.
  • Along with the increase in active buyers in 2024, Alibaba.com has seen 10% year-over-year growth in the average daily transaction volume for the U.S. market for the same period (March 1-18) versus last year.
  • U.S. buyers turning to Alibaba.com during March Expo are focusing their efforts on sourcing apparel and accessories, consumer electronics, and home and gardening products.
  • With March Expo set to run until March 31, there is still time for buyers to capitalize on the variety of discounts, deals and guaranteed services on Alibaba.com.

Alibaba.com Records Strong Growth in the Number of UK SME Buyers at This Year's March Expo

Retrieved on: 
Thursday, March 21, 2024
Online, Alibaba Group, Skin care, Growth, Risk, Beauty, Watch, GMV, Jewellery, B2B, Calendar, Ali Baba, SME, Online shopping

LONDON, March 21, 2024 /PRNewswire/ -- Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, has recorded a positive rise in the number of active B2B buyers from the UK at this year's March Expo 2024.

Key Points: 
  • In the UK, the most popular category by active buyers was the Skincare & Tools – specifically face care – category.
  • According to Alibaba.com's B2B Sentiment Survey, surveying 500 UK SME decision makers, 51% of SMEs now source via online B2B marketplaces.
  • With a virtually limitless product catalogue, Alibaba.com offers UK buyers unique opportunities to source new products from suppliers around the globe.
  • Jijay Shen, General Manager, Europe, Alibaba.com said: "At March Expo, we have seen SMEs focus on building resilience and growth via digital sourcing, which is reflected increased number of buyers from the UK.

AliExpress Levels Up Experience for U.S. Customers with Updated Shopping Guarantees and a Redesigned Mobile App

Retrieved on: 
Monday, March 18, 2024
Growth, Beauty, Social media, Electronics, Similarweb, Sale, App Store (iOS/iPadOS), AliExpress, Catalog, Choice, LOS, Calendar, Online shopping

LOS ANGELES, March 18, 2024 /PRNewswire/ -- AliExpress, an international online retail marketplace under Alibaba International Digital Commerce Group, has made significant updates to its platform designed to enhance the customer experience in the U.S. market, including faster shipping times, new delivery guarantees, and an updated mobile app for simpler browsing on its catalog.

Key Points: 
  • With AliExpress, consumers can stretch their budget further on everything from everyday necessities to those fun finds and unique want-to-haves.
  • AliExpress reimagines the shopping experience by offering consumers direct access to international manufacturers, allowing shoppers to explore a diverse range of products at highly affordable price points.
  • A Redesigned Mobile App: The revamped AliExpress mobile app boasts a more user-friendly, convenient, enjoyable, and personalized experience.
  • For more information on AliExpress, follow @AliExpress.US (TikTok), @AliExpressUS (Instagram), @AliExpress_EN (Twitter/X) on social media, @AliExpress (Pinterest).

Alibaba Releases Report on Cross-Border Trade's Positive Impact on the U.S. Economy

Retrieved on: 
Wednesday, March 6, 2024
RMB, HKD, Computer, Growth, Alibaba Group, Electronics, Sale, HKEX, Electron capture, GDP, Care, NDP, BABA, Employment, Gross domestic product, Online shopping

NEW YORK, March 6, 2024 /PRNewswire/ -- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba" or "Alibaba Group")  recently announced findings from a new report highlighting Alibaba's positive impact on the U.S. economy and how its e-commerce platforms support U.S. businesses. The report reflects positive growth in both retail sales and employment numbers in the U.S. resulting from the sale of American products to Chinese consumers through Alibaba's range of online marketplaces and platforms.

Key Points: 
  • New report quantifies the positive economic impacts of cross-border trade conducted by businesses leveraging Alibaba platforms, tools and solutions
    NEW YORK, March 6, 2024 /PRNewswire/ -- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), "Alibaba" or "Alibaba Group")  recently announced findings from a new report highlighting Alibaba's positive impact on the U.S. economy and how its e-commerce platforms support U.S. businesses.
  • As such in 2022, $66.2 billion in sales from U.S. brands to Chinese consumers on Alibaba platforms helped to add $52.9 billion to the U.S.
  • Gross Domestic Product (GDP) and supported over 403,000 U.S. jobs, according to the report compiled by NDP Analytics and commissioned by Alibaba.
  • For more information on Alibaba and the report, please visit Alibabapowersbusinesses.com .

Alibaba.com's Annual March Expo Highlights Small Business Sourcing Trends and Rolls Out More Guaranteed Services

Retrieved on: 
Thursday, February 29, 2024
Online, Alibaba Group, Growth, Internet, SME, Optimism

A shift in sourcing strategies is notable, as two-thirds (66%) of SMEs indicated they plan to increase their reliance on online global sourcing in 2024.

Key Points: 
  • A shift in sourcing strategies is notable, as two-thirds (66%) of SMEs indicated they plan to increase their reliance on online global sourcing in 2024.
  • "That's why we are expanding our guaranteed services to provide entrepreneurs with peace of mind when making purchasing decisions crucial to their growth."
  • These 'guaranteed services' will enable U.S. SMEs to source even more efficiently, allowing them to order directly from Alibaba.com without having to negotiate with suppliers.
  • This new approach to online sourcing offers B2B buyers guaranteed fixed prices, on-time delivery and hassle-free refunds.