Browsing: Alibabas

Squeezed margins, ‘new retail’ and possible Ant Financial IPO – five takeaways from Alibaba’s Q3 earnings

1. Alibaba stake in Ant Financial paves the way for payments company to go public Alibaba Group Holding, which owns the South China Morning Post, said late on Thursday that it would gain a 33 per


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Condoms, pregnancy test kits and lubricant top sales charts for Alibaba’s new 30-minute express delivery

Alibaba Group Holding, which operates the Hema chain of supermarkets, introduced an adult channel on the grocer’s delivery app this week, promising to deliver everything from condoms to dildos to consumers within 30 minutes after the


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