Tag Archives: albiy

Internet driving Chinese consumer sector growth

posted on March 8, 2012 at 3:25 pm by Richard Rittorno

McKinsey & Co conducted a study on China’s economic growth and determined that Beijing’s efforts to shift from export to private consumption will be the primary driver through 2020, representing 43% of all growth by that year as opposed to 26% at present.

China Stocks Technology Telecom

Alibaba seeks up to $4 billion in financing to escape Yahoo (YHOO, ALBIY)

posted on December 8, 2011 at 10:05 pm by Tony Daltorio

China’s e-commerce powerhouse, Alibaba Group, is seeking up to $4 billion in debt financing in a deal expected to help the company buy back the 40% of itself that Yahoo (YHOO, quote) currently owns.

Asia China Stocks Technology

Alibaba tests its own social network for China (ALBIY, AAPL, YHOO)

posted on December 2, 2011 at 10:36 am by Tony Daltorio

Leading Chinese e-commerce company Alibaba Group Holdings (ALBIY, quote) says it is conducting beta tests of a new social networking service to possibly become the fabled “Facebook of China.”

Asia China Consumer Stocks Technology

Cloud, “smart TV” anchor Lenovo’s plans to become the Apple of China (AAPL, LNVGY, BIDU, ALBIY)

posted on November 29, 2011 at 2:09 pm by Tony Daltorio

China’s Lenovo Group (LNVGY, quote), the world’s second-biggest maker of personal computers, is rolling out upgraded versions of its smartphone and tablet computer in China and will would release a “smart TV” product called “LeTV” in the first quarter of 2012.

Asia China Stocks Technology

"Chinese Groupon" to raise up to $100 million in Nasdaq listing

posted on November 2, 2011 at 2:13 pm by Tony Daltorio

China’s version of Groupon — the leading daily deals website in the United States — plans to raise up to $100 million in an initial public offering on the Nasdaq. Traders are hoping the IPO goes well, but there are plenty of clouds on the horizon.

BRICs China Emerging Markets Stocks Technology

Chinese retailers fighting Alibaba (ALBCF) payment systems

posted on October 26, 2011 at 9:37 am by Tony Daltorio

Small business owners in China are getting increasingly heated about higher fees from Alipay, the country’s leading online payment platform and the crown jewel of increasingly high-profile Chinese Web group Alibaba (ALBCF, quote).

BRICs China Technology

Alibaba (ALBCF) spending $157 million to get into cloud computing

posted on October 25, 2011 at 11:31 am by Tony Daltorio

One of China’s leading internet and technology companies, Alibaba Group Holding (ALBCF, quote) is making waves again, this time with with a move into cloud computing markets currently being developed at Western giants like Amazon (AMZN, quote), Google (GOOG, quote) and Apple (AAPL, quote).

BRICs China Emerging Markets Technology

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