Alibaba
China’s Alibaba profit tumbles 86% though revenue beats estimates
CHINA’S Alibaba Group Holding reported an 86 per cent plunge in fourth-quarter profit on Tuesday (May 14) primarily due to valuation changes from equity investments, pushing its US-listed shares...
Alibaba founder Jack Ma steps out from shadows with long internal post
ALIBABA co-founder Jack Ma has penned a rare lengthy memo to employees that expresses support for the internet giant’s restructuring efforts, a sign that he may be willing to...
Alibaba slashes cloud prices globally as AI demand quickens
ALIBABA Group Holding is cutting prices for cloud customers outside of China by as much as 59 per cent, mirroring deep discounts at home as the once high-flying division...
Alibaba makes biggest ever quarterly share repurchase worth US$4.8 billion
ALIBABA Group has bought back shares worth US$4.8 billion in the quarter ended March, the Chinese e-commerce giant said on Tuesday (Apr 2), in its biggest-ever repurchase after beefing...
Alibaba makes second biggest ever quarterly share repurchase worth US$4.8 billion
ALIBABA Group has bought back shares worth US$4.8 billion in the quarter ended March, the Chinese e-commerce giant said on Tuesday (Apr 2), in its second biggest-ever repurchase after...
China’s Taobao working with startup on deliveries by reusable rocket
CHINESE rocket maker Space Epoch is working with Alibaba’s online shopping platform Taobao to make reusable rockets for express deliveries that could arrive globally in an hour, Space Epoch...
With Cainiao buyback, Alibaba takes aim at rivals’ overseas advance
ALIBABA’S plan to buy full control of its logistics subsidiary rather than spinning it off could signal the Chinese giant is taking competition from e-commerce rivals Shein and Temu...
With Cainiao buyback, Alibaba takes aim at rivals’ overseas rise
ALIBABA’S plan to buy full control of its logistics subsidiary rather than spinning it off could signal the Chinese giant is taking competition from e-commerce rivals Shein and Temu...
