Chinese e-commerce giant Alibaba has agreed to pay $2.23 billion for a roughly 10% stake in Focus Media, the digital advertising company which operates screens in subways and elevators across China.

Alibaba reported a year-over-year revenue (YoY) increase of 9%, reaching RMB 224.8 million (US$30.8 million) in the quarter ended September 30, 2023. Alibaba's advertising and commerce sectors, ...

China's digital advertising market is on a tear. Mobile advertising is witnessing double digit growth rates, according to eMarketer, but not everyone is in for a win this year. The market research ...

Alibaba’s investment will give the e-commerce giant a 6.62% share of the Shanghai based business which owns digital advertising screens in 300 Chinese cities and claims to reach 200 million consumers.

Many investors likely recognize Alibaba (NYSE: BABA) as the largest e-commerce and cloud company in China. However, it also leads China's digital advertising market with a 33% share of revenue in the ...

BEIJING/SAN FRANCISCO (Reuters) - Chinese Internet company Sina Corp saw record revenue in the third quarter, as profit more than doubled from a year ago due to strong earnings growth from its Weibo ...

Tencent revenue grew just 8 percent in the fourth quarter, the slowest pace since it went public in 2004, reflecting regulatory scrutiny that has hurt both its gaming business and advertising sales.

The spat began on 16 October when Alibaba warned e-commerce competitors against running ads that made reference to 'Double Eleven' using the characters "双十一", which it had trademarked. "We express our ...

Chinese ecommerce giant Alibaba wants to use location data to improve how it sells products. It didn’t want to build the tech itself, so Alibaba hired PlaceIQ to make sense of its massive reams of ...

The 800-pound gorilla of China’s e-commerce and cloud markets also dominates online advertising. Alibaba doesn't report its advertising revenue separately. Instead, its latest quarterly report reveals ...