Costco (NASDAQ:COST), Makes China Market Debut Through Alibaba Group's (HKG:1688) Tmall Global Platform
Costco Wholesale Corporation (NASDAQ:COST), America's leading membership-only warehouse club that provides a wide range of quality, brand name merchandise, today announced it will enter China for the first time through the opening of an online flagship store on Alibaba Group's (HKG:1688) Tmall Global platform, an extension of Tmall.com, China's largest third-party platform for brands and retailers.
The Breakthrough Prize in Life Sciences Foundation announces that Jack Ma, the prominent Chinese Internet entrepreneur and founder of Alibaba Group, and his wife Cathy Zhang have agreed to join the Breakthrough Prize in Life Sciences Foundation's founding sponsors (Sergey Brin and Anne Wojcicki, Mark Zuckerberg and Priscilla Chan, and Yuri Milner).
Yahoo! Inc. (NASDAQ:YHOO) and Alibaba Group Holding Limited today announced they have entered into a definitive agreement for a staged and comprehensive value realization plan for Yahoo!'s stake in Alibaba.
Asian Activities Report for December 15, 2011: DeNA (TYO:2432) and Alibaba Cloud Computing to Form Strategic Alliance in China
Asian Activities Report for December 15, 2011 includes: DeNA Co., Ltd. (TYO:2432) has agreed to form a strategic alliance with Alibaba Cloud Computing to provide DeNA's Mobage social gaming platform to consumers and developers in China; Marubeni Corporation (TYO:8002) has agreed to acquire a 40% equity interest in APT Allgas Energy Pty Ltd; Japan Airlines and WestJet Airlines (TSE:WJA), a low-cost airline in Canada have signed a codeshare agreement which will place the "JL" flight indicator on WestJet-operated flights between Vancouver And six Canadian cities - Calgary, Edmonton, Kelowna, Montreal, Toronto and Winnipeg, from December 15, 2011; Sumitomo Chemical Co., Ltd. (TYO:4005) and Nabaltec AG (ETR:NTG) of Germany have been in discussions about collaborating on their Alumina and Aluminum Trihydroxide businesses.
Alibaba.com (HKG:1688) Introduces Logistics Warehouse and Shipping and Logistics Management Services on AliExpress
Alibaba.com Limited (HKG:1688), the world's leading small business e-commerce company, today formally launched Fulfillment by AliExpress (fulfillment.aliexpress.com), a new logistics and shipping service provided by a third-party partner for buyers using the AliExpress (www.aliexpress.com) wholesale e-commerce platform. With Fulfillment, small businesses using AliExpress will be able to combine multiple orders into one cost-reducing international shipment, track those orders from China-based suppliers using a single online interface, and verify those orders at a central warehouse prior to shipment.
Alibaba.com Limited (HKG:1688), the world's leading small business e-commerce company, today announced that it is investing in India, with the launch of its local customer service operations here to better serve the vast Indian small business community.
Asian Markets Overview of March 23, 2010: Alibaba Group and Softbank (TYO:9984) in E-Commerce Partnership Talks
Overnight the Wall Street was stronger after the bill overhauling the US healthcare system was passed. Asian stock markets were mostly lower on Monday as Reserve Bank of India unexpectedly increased the official interest rate by 25 basis points. The Indian central bank's move has raised fears of an earlier-than-expected rate hike in China. Hong Kong's Hang Seng Index fell 2.05 per cent and South Korea's Kospi was down 0.8 per cent. But Shanghai composite edged 0.2 per cent higher. Japanese markets, which were closed for public holiday yesterday, resume trading on Tuesday.
China Eastern Airlines (HKG:0670) and Alibaba Group (HKG:1688) Form Strategic Alliance in E-commerce
China Eastern Airlines (HKG:0670), a leading carrier in China, has formed a strategic alliance with Alibaba Group's (HKG:1688) Alipay and Taobao subsidiaries to expand China Eastern's capability to serve more customers through e-commerce. Under the alliance, Alipay will provide online payment support for ticket sales on the China Eastern website (www.ceair.com). China Eastern will also launch a flagship store on Taobao's Taobao Mall to sell tickets directly to customers for all domestic flight routes.
Alibaba.com (HKG:1688) Expands Market Leadership and Seeks to Enhance Benefits to Members Through Increased Synergies with Alibaba Group
Alibaba.com Limited (HKG:1688), the world's leading business-to-business e-commerce company, today announced unaudited financial results for the quarter ended September 30, 2009, that show the Company's continued investment in customers is resulting in strong growth in customer acquisition, driving market leadership and future revenue potential.
Alibaba.com (HKG:1688) And Macau Trade And Investment Promotion Institute (IPIM) Join Hands To Promote Macau Exports
Alibaba.com (HKG:1688) the global leader in business-to-business e-commerce, and Macau Trade and Investment Promotion Institute (also named "IPIM") today announced a partnership, promoting e-commerce to more small and medium-enterprises (SMEs) in Macau. The signing ceremony of the partnership memorandum of understanding was held today during the 14th Macao International Trade and Investment Fair, organized by IPIM.
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