Just days shy of its IPO, Chinese ecommerce giant Alibaba Group reported Q2 revenue of $2.54 billion, a 46.4% increase over last year, while net income skyrocketed to $1.99 billion. The company could raise close to an additional $20 billion out of the IPO based on an average valuation of $168 billion. In a revised […]
Beginning in September, Yahoo Japan will use Taboola’s video discovery and content distribution network to power recommendations on owned and operated properties, as well as partner publisher sites, with the rollout of Yahoo Content Discovery. Yahoo Japan is a joint venture of Yahoo and SoftBank. In addition to its role as an online search and Internet […]
Alibaba’s big IPO filing on Tuesday shows the company is one of the world’s largest ecommerce companies – maybe the biggest. But there’s a subtler message, too: Thanks to its transactional data and exchange platform, the Chinese company is also among the giants of ad technology. “With rich consumer data generated from our China retail marketplaces, we utilize our proprietary algorithms to evaluate the […]
Alibaba Group’s $206 million stake in US startup ShopRunner this fall foreshadowed the Chinese commerce giant’s interests in cross-country expansion. With a looming IPO expected this year and reports of a possible Nasdaq or NYSE listing, all eyes are on the company’s monetization moves. Often referred to as “the Amazon of China,” Alibaba owns close […]
Alibaba Group, the Chinese equivalent of Amazon, has invested $206 million in ShopRunner, a member-only subscription ecommerce platform connecting consumers to hundreds of retail brands (like Toys R Us and Tommy Hilfiger) and a plethora of perks — like free, two-day shipping and express checkout for $79 a year or $8.95 a month. Alibaba, in […]
