Alibaba International Digital Commerce Group (“AIDC”) For the quarter ended June 30, 2024, revenue from AIDC grew 32% year-over-year to RMB29,293 million (US$4,031 million).

E-commerce giant Alibaba Group’s (BABA) affiliate Ant Group has entered the brokerage business through the acquisition of a 50.55% controlling stake in Bright Smart Securities & Commodities ...

Alibaba Group said on Wednesday its chief executive would directly oversee its domestic e-commerce arm, with the unit's previous head turning her focus to managing non-core assets as the group ...

Alibaba's (NYSE:BABA) e-commerce platforms, including Taobao and Tmall Group, Alibaba International Digital Commerce to be integrated under a single business unit to be called the Alibaba ...

Alibaba Group delayed the listing of its Freshippo grocery unit and shelved the spinoff of its cloud business—the latest sign that Chinese equity capital markets remain underwater. Alibaba has ...

Our fair value estimate is CNY 7.80 per share. We assume express parcel volume in China will grow at a 10% CAGR in the next five years and YTO’s volume to rise 11%. This implies YTO’s volume ...