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Alibaba

Chinese tech giant Alibaba enters Pakistan

KARACHI: China's biggest and well known Alibaba Group, has finally made its way into the Pakistani e-commerce Market, acquiring Daraz Group. In a press release, Daraz official said "With the acquisition, Daraz will be able to leverage…

Alibaba takes record $25 bn on ‘Singles Day’

SHANGHAI: Chinese online shoppers spent a record $25 billion on this year's "Singles Day" promotion run by e-commerce giant Alibaba, up nearly 40 percent from last year, figures showed on Sunday. At the peak, 256,000 payments were being…

China opens its first ‘cyber court’

BEIJING: China's first "cyber court" was launched on Friday to settle online disputes, as the legal system attempts to keep up with the explosion of mobile payment and e-commerce. Residents of the eastern city of Hangzhou -- home to…