All posts tagged "Alibaba"
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87BUSINESSAlibaba scraps Cainiao IPO plans, proposes acquisition: ‘Poor market conditions’
China’s e-commerce pioneer Alibaba Group Holding Ltd. decided to postpone the transaction because of poor market conditions. Alibaba Group Holding Ltd. is...
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123BUSINESS
Alibaba Approves An Additional $25 Billion Share Buyback as Its Revenue Disappoints
Alibaba Group Holding’s Hong Kong-traded shares plunge 6.8 per cent on Thursday; Alibaba’s New York-listed stock price sank 5.9 per cent on...
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339BUSINESSJack Ma loses $683 million on Alibaba after its shares drop by 9%
Jack Ma is preparing one of his biggest Alibaba Group Holding Ltd. stake reductions in recent years, and the timing could hardly...
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401BUSINESS
Alibaba To Make Significant Job Cuts Amid IPO Plans
In March, Alibaba Group planned to split into six business groups and launch separate public listings, triggering mass layoff, according to a...
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258TECH
After Google and Microsoft, Alibaba unveils its ChatGPT rival called Tongyi Qianwen
Alibaba Group Holding Ltd on Tuesday unveiled Tongyi Qianwen, an AI large language model similar to GPT that it plans to integrate...
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325BUSINESS
Alibaba shares rise as founder Jack Ma returns to China after year-long absence
Alibaba founder Jack Ma has returned to China, the South China Morning Post (SCMP) reported on Monday, ending a more than year-long sojourn overseas...
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400MUST KNOW
Alibaba Packs Bags And Leaves Paytm, Shares Slump 9%
New Delhi: Chinese multinational conglomerate Alibaba, one of the earliest backers of One97 Communications-owned Paytm, has reportedly sold its last 3.4 per...
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420BUSINESS
Alibaba rejigs top brass after major server outage, CEO to look after Cloud arm
In a separate move, Jeff Zhang will focus on his role as head of the Alibaba DAMO Academy and no longer serve...
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375BUSINESS
Alibaba to sell shares worth $200 mn in Zomato: Report
In August this year, top VC firm Sequoia Capital India had sold 17.2 crore shares of Zomato in two tranches in the...
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634WORLD NEWS
‘Ma’ arrested in China, but what made investors of Alibaba dump $27 billion?
China’s state broadcaster CCTV first reported that police in Hangzhou, Alibaba’s home city, had taken “compulsory measures” against an individual with the...
