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Alibaba, Tencent shares rise as investors bet China’s tech crackdown is over

Following the penalty on Friday, the Alibaba affiliate announced a share buyback that values the fintech at a 75% discount…

Updated: July 10, 2023 11:37 IST

China to end Ant Group’s regulatory revamp with fine of at least $1.1 billion: Sources

The People’s Bank of China (PBOC), which has been driving the revamp at Ant after its $37 billion IPO was…

Updated: July 7, 2023 11:34 IST

ChatGPT effect: Jack Ma-backed Ant developing large language model tech

The project known as “Zhen Yi” is being created by a dedicated unit and will deploy in-house research.

June 21, 2023 18:14 IST

Alibaba logistics arm eyes up to $2 billion Hong Kong IPO: Sources

Cainiao Network Technology’s initial public offering (IPO) plan comes after Alibaba flagged in late March it would split its business…

Updated: May 8, 2023 10:58 IST

Alibaba’s founder Jack Ma turns up in Japan as college professor

Ma will carry out research in sustainable agriculture and food production, it said in a statement.

Updated: May 1, 2023 12:56 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

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After 2020 showdown with Chinese regime, Alibaba founder Jack Ma reportedly living in Tokyo

Jack Ma’s months-long stay in Japan with his family has included stints in hot springs and ski resorts in the…

Updated: November 29, 2022 21:43 IST

China slaps record USD 2.78 billion fine on Alibaba over anti-competitive tactics

In a statement on Saturday, the company said “Alibaba accepts the penalty with sincerity and will ensure its compliance with…

Updated: April 10, 2021 19:22 IST

Alibaba, Jack Ma summoned by court on complaint of fake news, censoring content ‘unfavourable’ to China

Pushpandra Singh Parmar, a former employee at UC Web (owned by Alibaba) in a court filing of over 200 pages…

July 26, 2020 13:13 IST

Donald Trump thanks news organisations who did not ‘treat him well’ and other best quotes from his first press conference as president-elect

Trump took to a stage in Phoenix and delivered a speech where he said how news channels and conferences helped…

Updated: January 11, 2017 22:52 IST

Alibaba expects to nearly double transactions volume to more than $900 billion by 2020

Chinese e-commerce giant Alibaba Group Holding Ltd said on Tuesday it expects to nearly double its transaction volumes by 2020,…

June 14, 2016 09:31 IST

White House defends Obama’s lunch with China’s richest man

Barack Obama’s lunch with China’s richest man Jack Ma has been defended by the White House which said it is…

May 19, 2016 15:57 IST

Alibaba’s chief Jack Ma cancels speech after row with anti-counterfeiting group

Alibaba Group Holding Ltd’s chief Jack Ma has cancelled a speech at an anti-counterfeiting conference in the United States…

May 18, 2016 10:54 IST

Alibaba’s Jack Ma criticised for not helping Tianjin blast victims

Jack Ma, one of China’s richest men and the founder of e-commerce giant Alibaba, has come under immense pressure from…

August 17, 2015 23:28 IST

Jack Ma joins Alibaba’s $4 bn shares buy-back

Chinese e-commerce giant Alibaba’s founder and chairman Jack Ma and vice chairman Joe Tsai today said they would use their…

August 17, 2015 23:14 IST

Alibaba eyes Indian market, to list 100 m SKUs on Paytm

At an internal company meeting last year, when Alibaba had sent a pitch to Paytm, Ma had said India is…

May 6, 2015 01:05 IST

Alibaba staff denied traditional Chinese New Year gift by CEO Jack Ma

Chinese bosses ordinarily hand out ‘hong bao’, red envelopes filled with cash, to staff ahead of the week-long holiday to…

February 14, 2015 16:35 IST

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