China Internet Network Information Center News
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Sohu.com Inc., owner of China’s third-largest Web portal, is seeking strategic investment for its Sogou search unit to compete with Baidu Inc. for Internet users and advertising.
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Billionaire Jack Ma, founder of Alibaba Group Holding Ltd., said he plans to focus on environmental protection and education as he steps down as chief executive officer of China’s largest e-commerce company before an initial public offering.
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Alibaba Group Holding Ltd., China’s largest e-commerce company, had profit that doubled in the three months ended in December after commissions likely increased on surging sales.
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Alibaba Group Holding Ltd. doesn’t want to be the next Facebook Inc. -- at least for its prospective initial public offering. The world’s biggest online retailer is considering a more conservative valuation than what the social-networking company achieved last year, a person familiar with the situation said.
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Sohu.com Inc., owner of China’s third-largest search engine, posted first-quarter profit that beat analyst estimates on higher online advertising sales.
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Alibaba Group Holding Ltd. named a new chief financial officer as part of a management reorganization that has fueled speculation China’s largest e- commerce company is preparing for an initial public offering.
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Billionaire Jack Ma, founder of Alibaba Group Holding Ltd., said China’s largest e-commerce company may use acquisitions to boost its growth through apps for smartphones and tablets.
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When Amazon.com Inc. unveiled its Kindle store in China in December, something was missing: the Kindle.
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Alibaba Group Holdings Ltd.’s billionaire founder Jack Ma will step down as chief executive officer, stoking speculation that China’s largest e-commerce company is preparing for an initial public offering.
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China has set up a new department to supervise the Internet, as the government steps up efforts to tighten control over the world’s largest online market.
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