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China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
Elon Musk asks SpaceX IPO banks to buy Grok AI subscriptions, NYT reportsSome banks have agreed to spend tens of millions of dollars a year on the chatbot and have begun integrating it into their IT systems, the ...
SpaceX IPO: Elon Musk asks SpaceX IPO banks to buy Grok AI subscriptions. Here's whyMorgan Stanley, Goldman Sachs, JPMorgan Chase , Bank of America and Citigroup are serving as active bookrunners, or the lead banks managi...
US stocks today: US stocks advance as investors hopeful of Mideast de-escalationGlobal markets rallied as hopes for a de-escalation in the Middle East eased fears of prolonged energy disruptions. Iran's openness to dipl...
Alibaba will spin off its logistics arm Cainiao in an IPO in Hong KongAlibaba said in a filing that it had submitted a spin-off proposal to the Hong Kong Stock Exchange, and that it has received confirmation t...
Alibaba’s Cainiao plans to raise at least $1 billion in Hong Kong IPO soonThe company is targeting to raise at least $1 billion in the share sale though it’s still early to decide on the valuation, sources said, a...
Alibaba's grocery unit IPO put on ice amid disappointing valuation: reportThe Chinese technology conglomerate has concluded it could likely achieve a valuation of around $4 billion for Freshippo, which is lower th...
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...
Ant Group plans restructuring, paving way for Hong Kong IPO: reportThe Alibaba Group affiliate is looking at excluding its blockchain, database management services and international businesses from a main e...
Alibaba logistics arm eyes up to $2 billion Hong Kong IPO: ReportsCainiao Network Technology's initial public offering (IPO) plan comes after Alibaba flagged in late March it would split its business into ...
Alibaba splits into six units that may pursue individual IPOs“Each business group and company can pursue independent fundraising and IPOs when they are ready,” Zhang said in a statement.
China's Alibaba to apply for dual primary listing in Hong KongThe move comes after the Hong Kong Stock Exchange (HKEX) in January changed its rules to allow "innovative" Chinese companies with weighted...
Chinese state newspaper omits Jack Ma from list of entrepreneurial leadersChina's best known businessman was not mentioned in an front-page article published by the Shanghai Securities News. Instead Huawei Technol...
Hong Kong's world-beating IPO market starts to show cracksA parenting website part-owned by Alibaba Group on Tuesday delayed the launch of its HK IPO.
Alibaba surpasses Asian listed firms in market valueThe world's largest e-commerce platform closed at $104.64 per share on the New York Stock Exchange yesterday, totalling over $266 billion.
Alibaba facing its "most dangerous moment": Jack Ma"Now the problem is people think we are too good -- we can do anything. This is the most dangerous moment," 50-year-old Ma, also China's ri...
Alibaba Group's Jack Ma refutes rumours of migrating to Hong KongSpiking online rumours, he said he has no plans to emigrate to Hong Kong, a former British colony now under Chinese sovereignty.
China's Alibaba complains of blackmail by media organisationThe research is allegedly based on negative reports from a domestic weekly and comments by individuals online, Alibaba said in a statement.
Alibaba CEO Jack Ma may put $15.4 billion in Yahoo’s pocketKenneth Goldman, Yahoo’s CFO, recently told investors that Yahoo would likely sell 10% of Alibaba and hold on to 14%.
Alibaba to go public, could be the second-largest internet company after GoogleAlibaba has also invested aggressively in gaming and instant messaging, two services that hadn’t been central to Ma’s vision for Alibaba un...