Tag: AliBaba

alibaba by sam_churchill on 2014-05-07 09:46:21

Alibaba’s Logistics Arm Wants Investors Who Are OK With Losses

Alibaba’s delivery affiliate will continue to prioritize growth over profits as it builds its logistics network to support Alibaba’s global expansion, reports Bloomberg. Cainiao Smart Logistics Network CEO Judy Tong told partners at a conference in Hangzhou that the company needs the support of investors […]

alibaba by sam_churchill on 2014-05-07 09:46:21

Alibaba Axes Four Employees For Allegedly Stealing Mooncakes

Alibaba Group Holding Ltd (NASDAQ:BABA) axed four employees accused of stealing more than 100 boxes of mooncakes after reprogramming an internal system. Mooncakes are a traditional delicacy shared during the Mid-Autumn Festival, which starts this week, notes The Washington Post. Alibaba accuses […]