Alibaba
Alibaba raises US$317 million from sale of stake in EV maker XPeng
ALIBABA Group Holding raised US$317 million from the sale of about 33 million of US-traded shares of XPeng, a source familiar with the matter said. Taobao China Holding, an...
Alibaba groceries arm Freshippo CEO to retire, to be replaced by CFO
FRESHIPPO, the groceries arm of e-commerce giant Alibaba Group, has told its staff that its CEO Hou Yi will step down and retire and be replaced by the unit’s...
Alibaba overhauls incentives to entice staff as stock languishes
ALIBABA Group Holding will roll out a new employee incentive plan starting April that combines equity with cash, a significant adjustment designed to help the e-commerce giant attract and...
Alibaba unveils big cloud price cuts as AI rivalry deepens
ALIBABA Group Holding is rolling out its second major price cut for cloud services in years, aiming to win back users from rivals such as Tencent Holdings competing to...
Alibaba leads record deal to create US$2.5 billion China AI firm
ALIBABA Group Holding led the largest single financing round for a Chinese artificial intelligence (AI) startup, the latest in a string of sizeable investments that suggest the e-commerce firm...
Alibaba leads record deal to create US$2.5 billion China AI firm
ALIBABA Group Holding led the largest single financing round for a Chinese artificial intelligence (AI) startup, the latest in a string of sizeable investments that suggest the e-commerce firm...
Taobao China Software to sell Suning.com stake to Alibaba affiliate
ALIBABA’S Taobao China Software will sell its 20 per cent stake in Chinese retailer Suning.com to another Alibaba affiliate, Hangzhou Haoyue Enterprise Management for 2.8 billion yuan (S$523 million),...
Alibaba misses revenue estimates; boosts buyback by US$25 billion
CHINA’S Alibaba Group Holding on Wednesday (Feb 7) missed analysts’ estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in the world’s second-largest....
Are Investors Interested in Buying or Selling Alibaba Group Holding (BABA) This Month? | Entrepreneur
Years-long regulatory scrutiny on Alibaba’s (BABA) affiliate Ant Group recently ended with a fine, indicating that Beijing is wrapping up its crackdown on tech firms. Moreover, the e-commerce giant’s...
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