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Alibaba

Fitbit, Alibaba Ink Chinese Expansion Deal

Fitbit and Tmall.com, the Chinese platform for brands and retailers owned by Alibaba Group, have signed a memorandum of understanding (MoU) to expand Fitbit’s reach in...

Alibaba Inks Business Financing Deal With Lending Club

Lending Club, an online marketplace connecting borrowers and investors, and Alibaba.com, a global wholesale trade platform owned by the Alibaba Group, have inked a strategic, multi-year partnership....

Alibaba Group Invests $120M In Kabam

Chinese internet behemoth Alibaba Group is investing $120 million in California-based gaming company Kabam. The two companies have also inked a partnership agreement, under...

TutorGroup Raises $100M

TutorGroup has closed roughly $100 million in a Series B round of financing. Alibaba Group, Temasek and Qiming Venture Partners particpated in the round. Founded in 2004, TutorGroup is an online education platform specializing in English training in Asia, and Mandarin Chinese training for global business professionals.

Alibaba Group Opens Investment Arm In The US

Chinese internet giant Alibaba has established a U.S.-based investment organization that will fund Internet commerce and emerging technologies startups. Michael Zeisser, who joined Alibaba after...