
China’s online commerce leader surprised markets by announcing Tuesday plans to split its $220 billion empire into six units that…
MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.82% higher, while Japan’s Nikkei advanced 0.49%.
The six units will include Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics Group, Global…
Ma, one of China’s best known entrepreneurs, left mainland China in late 2021 and has been seen in photographs in…
Alibaba reduced its workforce by about 19,000 employees last year. It let go of more than 4,000 workers in the…
Alibaba group firm Ant Financial has not diluted its stake in Paytm and continues to hold 25 per cent of…
Post the transaction, Alibaba’s stake in Zomato will come down to about 10%.
While Alibaba has said its Tmall marketplace would offer more than 17 million products, 3 million more than last year…
Amidst the US-China tensions related to Taiwan, the investors will also be eyeing Alibaba’s guidance that will take lockdown restrictions…
Alibaba’s revenue is projected to slip 1.2% to 203.4 billion yuan ($30.1 billion) for the three months ended June.
Alibaba stock was down 4.5% in a near-flat Hong Kong market in early trade, following its 11.1% decline in New…
The e-commerce giant’s move, announced on Tuesday, comes as both Washington and Beijing sharpen scrutiny over Chinese companies’ listings, and…
E-commerce giant Alibaba’s shares in Hong Kong fell 6.8 percent, while gaming and social media company Tencent Holdings sank 3.2…
China’s tech sector has been one of the main targets of a crackdown on monopolistic practices that started in late…
Chinese technology stocks listed on Wall Street are now attempting a comeback after witnessing a free-fall for more than a…
Earlier this month, Beijing announced that home-grown businesses looking to list their shares on foreign soil would require approval from…
The loss tied to the anti-monopoly fine was 7.66 billion yuan (USD 1,170 million) for the quarter that ended in…
In a statement on Saturday, the company said “Alibaba accepts the penalty with sincerity and will ensure its compliance with…