On Monday, Alibaba Group Holding Ltd (NYSE: BABA) announced plans to invest $2.87 billion in China’s top hypermart operator, Sun Art Retail Group Ltd to expand their footing in offline retail. The company is to also create an alliance with Rue..

JD.com (NASDAQ: JD) reported their highest ever quarterly profit of $151 million which is far above analyst forecast of a 213 million yuan loss. This marks a 39% rise in revenue which boosted the firm’s shares compared to a 807.9 million ..

Alibaba Group Holding Ltd. (NYSE: BABA) on Thursday reported raised its full year forecast after the company reported better-than-expected quarterly earnings.The Chinese e-commerce giant said revenue rose 61 percent to 55.12 billion yuan ($8.34 bill..

Amazon.com, Inc. (NASDAQ: AMZN) is preparing to open a mega warehouse near Mexico City that will be 1 million square feet to help boost Mexico’s e commerce industry. The warehouse is to be built in the Tepotzotlan municipality about 25 miles n..

China’s biggest e-commerce platform TaoBao is used by millions of Chinese consumers to purchase a range of everything from food to electronics and markets more than 1 billion yuan of assets a day. Owned by e-retailing giant Alibaba Group Holdi..