Alibaba

After nine months on the ground, Alibaba officially opened its Australian and New Zealand headquarters in Melbourne over the weekend. Further strengthening ties with Australia, Alibaba founder and executive chairman Jack Ma met with prime minister Malcolm Turnbull to discuss trade and donated $26.4 million to fund a new scholarship

Alibaba revenue grew to $US7.7 billion in the December quarter, up 54 per cent year-on-year. The company also raised its full-year guidance, forecasting its revenue will rise 53 per cent for the fiscal year, up from its earlier forecast of 48 per cent. Sign up for Which-50’s Irregular Insights newsletter

Alibaba

Alibaba has inked a deal with the International Olympic Committee (IOC) to provide the organisation with services in cloud computing, ecommerce and media until 2028. The deal covers the next six Olympic games, the first three will be held in South Korea, Japan and China. Sign up for Which-50’s Irregular

Australian online retailer Adore Beauty has quietly closed the doors of its Tmall storefront, opting for a different approach to cross-border trade. Adore Beauty opened the store on Alibaba’s global marketplace in April 2016 as a way to enter the Chinese market, selling a limited range of organic Australian beauty

Alibaba’s Jack Ma has met with US president-elect Donald Trump in New York, promising to create one million jobs in the US in five years. Similar to its focus in Australia, Alibaba wants US small businesses and farmers to sell products and services through Alibaba’s platforms to China and Asia.

Alibaba

As part of its attempts to crack down on the sale of counterfeit products, Alibaba has launched legal action against two fake Swarovski watch sellers on its Taobao platform. Alibaba has filed a lawsuit with Shenzhen Longgang District People’s Court against the sellers, claiming RMB1.4 million (US$200,000) in damages for

Alibaba

Alibaba’s digital media and entertainment group plans to invest $7.2 billion over the next three years. The new CEO of the Alibaba’s entertainment business plans to put serious money into funding content to expand the Chinese internet giant’s footprint in the entertainment industry, according to an internal memo seen by

Alibaba officially launched its cloud business in Australia today, but the Chinese internet giant says it isn’t here to take on Amazon Web Services or Microsoft Azure. Well, not yet anyway. Last week Alibaba revealed it was opening a data centre in Sydney and setting up a dedicated workforce based

Alibaba’s annual shopping event Singles’ Day is off to a strong start and looks likely to surpass last year’s total. In the first two hours of Alibaba’s mega shopping day US$7.2 billion (RMB 48.6 billion) of gross merchandise volume (GMV) was settled through Alipay on Alibaba’s China and international retail

November 11 is Remembrance Day, the anniversary of Gough Whitlam’s dismissal and the day Ned Kelly was hanged. Thanks to the purchasing power of Chinese consumers another event held on November 11 is making its mark on Australia: Alibaba’s Singles’ Day. Download the CMO of Tomorrow report produced by the Which-50 Intelligence