Alibaba approves an additional $25 billion share buyback as its revenue disappointsAlibaba posted a 5% increase in sales to 260.3 billion yuan ($36.67 billion) in the quarter that ended in December, slightly missing analys...
08 Feb, 2024, 07.38 PM IST
Belgian intelligence service monitors Alibaba hub over 'espionage' worry: reportAlibaba signed an agreement with the Belgium government in 2018 to open an ecommerce trade hub, run by its logistics arm Cainiao, that woul...
05 Oct, 2023, 04.21 PM IST
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...
26 Sep, 2023, 10.36 PM IST
China's Alibaba kicks off restructuring with plan to list logistics arm in Hong KongAlibaba said on Tuesday it had submitted an application to spin off Cainiao Smart Logistics Network to the Hong Kong stock exchange, but th...
26 Sep, 2023, 04.21 PM IST
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...
22 Sep, 2023, 01.02 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 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...
08 Sep, 2023, 08.45 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 approves cloud computing unit spin-off, prepares for grocery and logistics arms to go publicThe company in March announced plans to reshape itself into six business divisions with plans to allow all but its core e-commerce business...
18 May, 2023, 08.25 PM IST
Alibaba’s global online commerce arm weighs a US IPOGlobal online shopping unit includes Lazada, AliExpress, and has been valued by analysts at $39 billion.
04 May, 2023, 04.02 PM IST
Alibaba stock is overbought as spinoff prompts $47 billion rallyThe Chinese internet conglomorate’s plan to slash its empire into six units has so far added $47 billion of market value, causing a key tec...
01 Apr, 2023, 10.04 AM IST
Alibaba's overhaul: a 'smart' move after China crackdownAlibaba has said it will split its $220 billion empire into six businesses: focusing on logistics, cloud computing, entertainment, e-commer...
29 Mar, 2023, 03.19 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
Alibaba pledges overseas e-commerce focus as its China growth slowsEarlier this month, Alibaba Group Holding Ltd restructured its e-commerce business into separate China and international divisions, with th...
17 Dec, 2021, 10.54 PM IST
Alibaba-backed logistics firm Best weighs sale in strategic review, valued at $790 millionWith the endorsement of Alibaba, its biggest shareholder, Best has tapped financial advisers to explore options as its shares have been und...
20 Jan, 2021, 03.25 PM IST
XpressBees raises Rs 71 croreThe company, whose rivals include Delhivery and Ecomm Express, provides end-to-end e-commerce-focused logistics services, offering clients ...
03 Jan, 2020, 04.27 PM IST