Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market valueAlibaba's concerns over the US export curbs announced by Washington in October come on the heels of similar worries raised this week by Chi...
17 Nov, 2023, 04.48 PM IST
How Alibaba's six main new business units stack upAlibaba Group Holding's former CEO, Daniel Zhang, has unexpectedly left the company's cloud computing unit, raising concerns about its spin...
11 Sep, 2023, 03.45 PM IST
Alibaba's DingTalk will split from Cloud business groupThe sources could not confirm the exact timing of the split and also did not confirm news reported by Chinese media outlet Caixin on Wednes...
16 Aug, 2023, 02.23 PM IST
Beijing's regulatory crackdown wipes $1.1 trillion off Chinese Big TechThe central bank said on Friday most of the main problems for platform companies' financial businesses had been rectified, and regulators w...
12 Jul, 2023, 01.51 PM IST
How Chinese tech giant Alibaba's six new business units stack upThe e-commerce giant announced in March it will split into six business units, each with its own CEO and board of directors, and adopt a ho...
20 Jun, 2023, 11.30 AM IST
Alibaba says to hire this year, refuting layoff rumoursIn a post on the firm's official Weibo account, Alibaba said it will hire 15,000 people and more than 3,000 would be newly-graduated studen...
25 May, 2023, 07.22 PM IST
How Alibaba's six new business units stack upAlibaba has long relied on e-commerce as its core business, with smaller divisions in sectors such as cloud computing and entertainment. Th...
28 Mar, 2023, 11.28 PM IST
After the split, here's how Alibaba's six new business units stack upThe company's CEO Daniel Zhang said the business units will each be free to pursue funding and IPOs independently, which points to a possib...
28 Mar, 2023, 06.07 PM IST
Paytm investors seem not in a hurry to sell: AnalystsPaytm's pre-IPO investors like Warren Buffet, SoftBank, Elevation Capital, Alibaba are long-term investors. SoftBank's Masayoshi Son is rep...
16 Nov, 2022, 09.54 AM IST
Investor Warburg cuts Ant valuation by 15% to below $200 billionWarburg's cutting of Ant's worth comes after some other global investors have already slashed their valuations and shows scepticism about i...
25 Nov, 2021, 11.58 AM IST
China tightens rules on foreign IPOs in new blow to tech firmsCompanies holding data on more than 1 million users must now apply for cybersecurity approval when seeking listings in other nations becaus...
10 Jul, 2021, 10.50 PM IST
China probes Didi Chuxing for antitrust violations ahead of US IPOThe investigation into IPO-bound Didi Chuxing is the latest in a sweeping crackdown on Chinese technology companies, including Alibaba Grou...
17 Jun, 2021, 01.56 PM IST
Ant Group reaches deal with China regulators on restructuringAn agreement on the restructuring of Ant, an affiliate of e-commerce giant Alibaba Group, would ease investor concerns about a regulatory c...
04 Feb, 2021, 08.51 AM IST
Ant's record strategic allocation in Shanghai IPO fuels small investor scrambleAnt, backed by e-commerce firm Alibaba Group , has launched a dual-listing process in Hong Kong and on Shanghai's STAR Market, and the offe...
23 Oct, 2020, 09.16 PM IST
Trump administration to consider adding China's Ant Group to trade blacklist: SourcesThe move comes as China hardliners in the Trump administration are seeking to send a message to deter U.S. investors from taking part in th...
15 Oct, 2020, 08.38 AM IST
Jack Ma's Ant Group wins Shanghai OK for launch of giant dual IPOBacked by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai's STAR Market, in what sources ha...
18 Sep, 2020, 05.38 PM IST
Saudi Arabia is all set for the world's biggest IPO: Here are the vital statsSaudi Arabia is aiming to sell 5 per cent of Saudi Aramco. The share sale would be worth $100 billion, four times the world's biggest IPO o...
03 Mar, 2017, 04.24 PM IST