Page 2 of Alibaba Group

Alibaba to decide on control over new business units after IPOs

“Alibaba will be more of the nature of an asset and capital operator than a business operator, in relation to…

Updated: March 30, 2023 09:58 IST

Bank relief and Alibaba plans nudge stocks higher

MSCI’s broadest index of Asia-Pacific shares outside Japan gained for a third day in a row, rising 0.3%. It is…

Updated: March 30, 2023 09:00 IST

Alibaba, shareholder value, funds, investors, IPO, market value, grocery delivery, innovation, e-commerce, OpenAI

Alibaba’s $32 billion day signals breakups for China tech

China’s online commerce leader surprised markets by announcing Tuesday plans to split its $220 billion empire into six units that…

March 29, 2023 12:30 IST

Asian stocks rally as banking anxiety eases; Alibaba surges

MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.82% higher, while Japan’s Nikkei advanced 0.49%.

Updated: March 29, 2023 08:43 IST

Alibaba to split into six units, explore IPOs

The six units will include Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics Group, Global…

Updated: March 28, 2023 16:05 IST

Alibaba founder Jack Ma returns to China, ending year-long sojourn abroad: Sources

Ma, one of China’s best known entrepreneurs, left mainland China in late 2021 and has been seen in photographs in…

Updated: March 27, 2023 12:34 IST

Alibaba, layoff, employees, job cuts, economic chill, macroeconomic factors, revenue, expenses, e-commerce, profit

Alibaba reduced workforce by 19,000 in Covid-challenged 2022

Alibaba reduced its workforce by about 19,000 employees last year. It let go of more than 4,000 workers in the…

February 24, 2023 15:13 IST

Alibaba sells nearly half of its direct stake in Paytm at Rs 535.9 per share

Alibaba group firm Ant Financial has not diluted its stake in Paytm and continues to hold 25 per cent of…

January 12, 2023 17:52 IST

Alibaba, Zomato, Zomato news, Zomato latest, Zomato Latest news, Alibaba news

Chinese e-commerce giant Alibaba to sell Zomato shares worth $200 million through a block deal

Post the transaction, Alibaba’s stake in Zomato will come down to about 10%.

November 30, 2022 06:00 IST

e-commerce, sales, subdued sales, retail demand, consumer sentiment, economy, shoppers, transactions, promotional campaigns, COVID curbs, job security, shopping event

Alibaba’s Singles Day shopping event set to end with subdued sales and no fanfare

While Alibaba has said its Tmall marketplace would offer more than 17 million products, 3 million more than last year…

November 11, 2022 13:57 IST

Alibaba Stock Recovery, stock ticker, BABA share price, guidance, earnings, results

Will Alibaba stock recover in 2022 after falling 50% in one year? Results and guidance hold the key

Amidst the US-China tensions related to Taiwan, the investors will also be eyeing Alibaba’s guidance that will take lockdown restrictions…

Updated: August 4, 2022 20:06 IST

Retail sales grew 3.1% in June, versus 12% a year earlier.

Alibaba and Tencent face end of an era as sales start to shrink

Alibaba’s revenue is projected to slip 1.2% to 203.4 billion yuan ($30.1 billion) for the three months ended June.

August 3, 2022 16:12 IST

China’s Alibaba strives to keep New York listing amid audit dispute

Alibaba stock was down 4.5% in a near-flat Hong Kong market in early trade, following its 11.1% decline in New…

August 1, 2022 09:49 IST

China’s Alibaba to apply for dual primary listing in Hong Kong

The e-commerce giant’s move, announced on Tuesday, comes as both Washington and Beijing sharpen scrutiny over Chinese companies’ listings, and…

July 26, 2022 09:05 IST

Alibaba and Tencent stocks plunge after latest fines

E-commerce giant Alibaba’s shares in Hong Kong fell 6.8 percent, while gaming and social media company Tencent Holdings sank 3.2…

Updated: July 11, 2022 14:20 IST

Five involved units of Alibaba, including a 2021 purchase of equity in its subsidiary, the Youku Tudou streaming platform.

China regulator fines Alibaba, Tencent for disclosure violations

China’s tech sector has been one of the main targets of a crackdown on monopolistic practices that started in late…

July 11, 2022 09:08 IST

US-listed China tech stocks rally this week; Cathie Wood buys shares of these Chinese firms

Chinese technology stocks listed on Wall Street are now attempting a comeback after witnessing a free-fall for more than a…

August 26, 2021 13:21 IST

US-listed China tech stocks continue to fall; Alibaba, Baidu, DIDI, others in losses

Earlier this month, Beijing announced that home-grown businesses looking to list their shares on foreign soil would require approval from…

July 21, 2021 13:01 IST

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Who was Wenne Alton Davis? ‘Marvelous Mrs Maisel’ actress killed in Manhattan SUV crash

World News4 min ago

Actress Wenne Alton Davis, known for her role in The Marvelous Mrs Maisel, was hit by an SUV in Midtown Manhattan and pronounced dead at the hospital. The 60-year-old had bit roles in other shows like Blindspot and Girls5eva, and worked as a security officer at JFK airport. Her agent described her as a talented and beloved member of the acting community.

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