Alibaba and China’s Twitter form social commerce partnership in $586M deal

China's take on Twitter, Weibo, sold an 18 percent stake of itself to major e-commerce site Alibaba today. The two hope to make hundreds of millions of dollars for the social media company while building out a mobile and social commerce mode for Alibaba.

China’s $265 billion e-commerce world (infographic)

Alibaba predicts that 2013 will be the year that Chinese e-commerce surpasses U.S e-commerce, with $265 billion in sales compared to a projected $230 billion for America, and that total Chinese online sales will reach $445 billion in 2015.

Alibaba reaches 1 trillion RMB ($157B) in sales to become biggest e-commerce company in the world

Alibaba chairman Jack Ma said only two companies have ever recorded annual transaction volumes at this level: Wal-Mart and Alibaba.

How a Chinese e-commerce company racked up $3 billion in sales in just one day

When you're looking to scale quickly, it helps to be a high-growth company in a high-growth industry in a high-growth country.

Chinese online mall Taobao reports $3B — yes billion — in sales in one day (infographic … in Chinese)

Taobao may not be well-known on our side of the Pacific Ocean, but it is the 13th-most-trafficked site in the world according to Alexa, and it is owned by one of the largest e-commerce companies in the world, Alibaba.

Ebay gets cultural help in China with new local partner

Ebay isn't giving up on China. The company today announced a new partnership with local fashion e-commerce website Xiu, which will sort through eBay's inventory for pieces that will appeal to China's culture.

Yahoo closes $7.6B repurchase deal with Alibaba

Yahoo has agreed to sell back half of its stake in Chinese e-commerce site Alibaba, in a $7.6 billion deal.

Google love triangle forces Acer to nix Chinese smartphone launch

Pressure from Google caused Acer to cancel the launch of its CloudMobile A800 smartphone, which uses a operating system that competes with Android.

$7 billion would come in very handy to help Marissa Mayer reinvent Yahoo

Can $7 billion reinvigorate Yahoo? That’s a question for new CEO Marissa Mayer, who looks to be clearing the decks in preparation for significant changes to Yahoo strategy.

In May of this year, Yahoo agreed to sell half of its …

Desperately seeking Google: Facebook’s open-hardware crusade is still missing its biggest player

When Facebook decided to open-source the hardware that makes its data centers some of the most energy-efficient and innovative in the tech industry, others tech giants were eager to join in and open-source their Internet hardware as well. But not …

Yahoo agrees to sell back half of Alibaba stake in $7B deal

Yahoo and Alibaba have finally hashed out terms that will see Yahoo sell back half of its stake in the Chinese e-commerce site in a $7 billion deal, according to an AllThingsD report.

Yahoo will sell half of its 40 …

Leave it to China to come up with a Pinterest clone for social shopping

It’s not all cyber crime and shadowy government dealings over there in China. Apparently, Chinese supercompany Alibaba is testing out social shopping via a Pinterest clone.

Sounds yummy, especially for the ladies. If there’s one thing we know about the …

Alibaba.com to go private, raising funds to buy back its stock

Alibaba Group is raising $3 billion — not to buy back the 40 percent stake Yahoo holds in the parent company, as previously rumored, but to buy back the 27 percent of Alibaba.com stock currently floating around the public market.…

Alibaba may be taking Yahoo’s ball and going home — to the tune of $17B

Due to deal talks breaking down, Yahoo may be losing $17 billion worth of Asian asset sales.

Yahoo, which owns significant stakes in Chinese powerhouse Alibaba and Japan’s SoftBank (as well as Yahoo Japan, natch) was attempting to sell those …

Alibaba suspends public trading to buy back its stock from Yahoo

Chinese e-commerce giant Alibaba has suspended public trading of its shares in Hong Kong as it prepares to buy back its 40 percent stake held by Yahoo.

The transaction is said to be worth between $10 billion and $11.5 billion.…

Yahoo co-founder Jerry Yang resigns from board of directors and all other roles

Yahoo co-founder and former CEO Jerry Yang has resigned from the Yahoo board of directors and all other positions, the company announced late today. Yang also resigned from the boards of Yahoo Japan and Alibaba Group.

In a letter to …

Alibaba preps for possible Yahoo takeover by hiring U.S. legal eagles

Asian web powerhouse Alibaba has taken yet another step toward snatching up Yahoo.

The Chinese company has hired a Washington, DC-based lobby firm and a law firm specializing in cross-border mergers and acquisitions — likely a necessary step in the …

Out of Asia: Yahoo may let go of its Alibaba & SoftBank shares

Oh, how the mighty have fallen: Yahoo is selling back most of its shares in Asian powerhouses Alibaba and SoftBank. It’s even losing Yahoo Japan.

According to reports various publications, including the Wall Street Journal, the Yahoo board has decided …