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  2. Alibaba shares plunge as much as 10% after canceling ... - AOL

    www.aol.com/news/alibaba-shares-plunge-much-10...

    Shares of Chinese e-commerce firm Alibaba Group Holding plunged as much as 10% in New York after it said Thursday that plans to spin off its cloud business were scrapped, citing uncertainties due ...

  3. Taobao - Wikipedia

    en.wikipedia.org/wiki/Taobao

    In 2018, Alibaba launched the streaming service named Alibaba Live. This service was created with the goal of allowing online retailers to market their products utilizing social shopping . [ 28 ] This has seen significant growth in popularity and success, with the 84 stores using this service reporting $7.4 million in 2020 sales. [ 29 ]

  4. Discounts and allowances - Wikipedia

    en.wikipedia.org/wiki/Discounts_and_allowances

    2/10 net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 2% discount if they pay within 10 days of the invoice date. 3/7 EOM - this means the buyer will receive a cash discount of 3% if the bill is paid within 7 days after the end of the month indicated on the invoice date.

  5. Timeline of e-commerce - Wikipedia

    en.wikipedia.org/wiki/Timeline_of_e-commerce

    Singles' Day sales on Alibaba sites reach US$14.3 billion. [72] 2016 Acquisition N/A Walmart announces it will be acquiring Jet.com for $3 billion. [73] 2016 Acquisition N/A Alibaba announces it will be acquiring a controlling stake in Lazada Group for around US$1 billion. [74] 2016 Milestone N/A Singles' Day sales on Alibaba sites reach US$17. ...

  6. Alibaba Profits Trimmed in First Quarter Following Regulatory ...

    www.aol.com/alibaba-profits-trimmed-first...

    Using the non-GAAP measures that the company prefers, net profits edged ahead by 10% to $6.73 billion. The apparent standstill occurred despite revenues excluding Alibaba Profits Trimmed in First ...

  7. Singles' Day - Wikipedia

    en.wikipedia.org/wiki/Singles'_Day

    Originally, the date was celebrated by a small group of college bachelors, but in 2009 Alibaba's CEO Daniel Zhang began to use the day as a 24-hour holiday that offered online shopping discounts and offline entertainment. [2] [3] [4] The holiday has now become the largest physical retail and online shopping day in the world, and spread to ...

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