Shares of Alibaba lost more than $12B in market value yesterday. The drop in price was due to a report from the Financial Times that SoftBank Group was drastically reducing its stake in the e-Commerce ...

The Chinese e-commerce giant Alibaba says all kinds of records were broken on this year’s Singles Day. The shopping holiday is held in China on November 11 every year and ostensibly celebrates ...

Add Yahoo as a preferred source to see more of our stories on Google. SHANGHAI — Alibaba’s Singles’ Day sale cleared $74.1 billion, the company said just after midnight Thursday, just about doubling ...

Alibaba Group Holding Ltd said on Friday that sales during its annual Singles' Day shopping frenzy grew 8.5%, the slowest rate ever, underscoring strong regulatory and supply chain headwinds for China ...