E-commerce giant's 7.4 billion yuan (US$1 billion) sale believed to be part of the company's strategy to focus more on core e-commerce operations and its cloud-computing business. Alibaba Group is ...
China's retail sales of consumer goods went up 3 percent year on year to hit 4.38 trillion yuan (US$608.82 billion) in November, the National Bureau of Statistics said Monday. Last month, retail sales ...