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Retail Asia15/11/2023

Funds belonging to the Zug-based private equity specialist sell a stake to Alibaba.com. The China-based B2B platform intends to use it to expand and grow in Europe. Capvis has managed a coup. The Baar based private equity specialist has completed the sale of its majority stake in B2B platform operator Visable, an announcement sent by the […]

Retail Asia20/12/2021

Alibaba Group will aim to achieve carbon neutrality in its own operations and slash emissions across its supply chains and transportation networks by the end of the decade, the Chinese e-commerce giant pledged on Friday. Alibaba promised to achieve carbon neutrality by 2030 in its own direct emissions – known as “scope 1” – as […]

Retail Asia28/09/2020

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Alibaba Cloud, the digital technology and intellectual backbone of Alibaba Group, has seen the demand for its database family of products doubles year-over-year. The increment was fueled by industries’ growing needs to move their operation online given the lasting impacts of COVID-19. Alibaba Cloud is the third largest cloud computing company in the world, and […]

Retail Asia24/09/2019

Alibaba Group founder Jack Ma, who helped launch China’s online retailing boom, has stepped down as chairman of the world’s biggest e-commerce company as its fast-changing industry faces uncertainty amid a US-Chinese tariff war. Ma, one of China’s wealthiest and best-known entrepreneurs, gave up his post on his 55th birthday as part of a succession […]

Tag: aliabba

Capvis Lures Investment from Chinese Giant Alibaba.com

China’s Alibaba pledges carbon neutrality by 2030

Alibaba Cloud Doubles Growth for Cloud-native Database Products

Alibaba’s Ma steps down as chairman after reflection