Alibaba's core Taobao and Tmall group division — the company's China e-commerce business — saw revenue rise 9% to 101.4 billion yuan. ... or Xiaohongshu, an Instagram-like service in China.

The move essentially formalises an app-to-app shopping connection between RedNote - known in China as Xiaohongshu and often compared with Instagram - and Alibaba's e-commerce infrastructure.

"Many internet companies in China already use Ali Cloud," Yan points out, including Xiaohongshu (Little Red Book), a social platform with over 300 million users. Read Also: Jack Ma Urges Alibaba ...

Alibaba's core Taobao and Tmall group division — the company's China e-commerce business — saw revenue rise 9% to 101.4 billion yuan. That growth rate is faster than the level seen in the ...

Alibaba shares fell 7.6% on Thursday after the Chinese e-commerce giant missed earnings expectations for its fiscal fourth quarter on both the top and bottom line. While falling short of analyst ...