Tag Archives: baba

Alipay Boasts More Than 42 Billion Total Transactions

Alibaba Group’s (BABA) affiliated payments business Alipay racked up a grand total of 42.3 billion transactions from its users, who now total more than 300 million, in the 10 years since it was founded in 2004. The figure was included in a report issued by Alipay on Monday, said a story in China’s state-run Xinhua news agency that was picked up by the government’s English-language newspaper China Daily. The report was released the same day Alipay

Alibaba’s Taobao Marketplace Holds 12.12 Web Sale

As shopping on mobile devices continues to boom in China, brick-and-mortar merchants that missed all the “Singles Day” holiday shopping action on Nov. 11 will get another chance, as Alibaba Group (BABA) plans a Dec. 12 promotion. Alibaba’s Alipay e-payments service announced Wednesday that more than 20,000 physical stores are set to participate in a 12-12 online-shopping sale on its Taobao Marketplace e-commerce site through promotions using

Alibaba Stock Makes Major Rebound Off 50-Day Line

Alibaba Group (BABA) has made a major rebound off of its 50-day line. Watch our video report for an in-depth analysis of what this move means for the stock.