Alibaba Token Hub to consolidate, boost Group’s AI strategyAlibaba Group has launched the Alibaba Token Hub (ATH), an AI-focused business division led by CEO Eddie Wu, consolidating key AI assets li...
17 Mar, 2026, 08.54 PM IST
China's Alibaba says to sell department store arm for $1.3 billion lossAlibaba is selling its department store chain, Intime, at a $1.3 billion loss due to increased competition in China's ecommerce market. The...
17 Dec, 2024, 05.25 PM IST
Alibaba founder Jack Ma steps out from shadows with long internal postIn the post, which was roughly a page long, Ma praised the leadership of CEO Eddie Wu and chairman Joe Tsai and said the company's split in...
10 Apr, 2024, 09.36 AM IST
Alibaba's research arm shuts quantum computing lab amid restructuringA spokesperson for Alibaba's DAMO Academy, Alibaba's in-house research initiative which included the lab, said the academy would continue t...
27 Nov, 2023, 03.56 PM IST
Alibaba shares dive more than 7% after cloud service called offIn a move that shocked investors, the Hangzhou-based tech giant said Thursday that US curbs on exports of advanced chips had forced it to c...
17 Nov, 2023, 08.05 AM 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
New Alibaba Group CEO lays out strategic priorities for staffNew Alibaba Group CEO Eddie Wu has told staff the tech giant's two main strategic focuses going forward will be "user first" and "AI-driven...
12 Sep, 2023, 09.10 AM IST
Alibaba shares set to open down 3% after outgoing CEO quits cloud unitThe Hong Kong-listed shares of China's Alibaba Group were set to open down 3.1% on Monday after the surprise departure of outgoing Alibaba ...
11 Sep, 2023, 08.18 AM IST
Alibaba Group says Eddie Wu to succeed Daniel Zhang as CEO, Joseph Tsai to take over as chairmanZhang will shift to fully focus on the cloud intelligence group, the company said. Zhang has since December been concurrently serving as th...
20 Jun, 2023, 11.03 AM IST
Alibaba's restructuring plans revive China's foreign funding inflowsExchange data shows net foreign buying of mainland-listed stocks every day since Alibaba announced its intention to split up and float its ...
04 Apr, 2023, 05.10 PM IST
Alibaba considers yielding control of some businesses in overhaulGroup CEO Daniel Zhang said the company's breakup into separate businesses will allow its units to become more agile and eventually launch ...
30 Mar, 2023, 11.42 PM IST
China ecommerce giant Alibaba outlines future strategyAlibaba chief executive Daniel Zhang outlined details of a plan announced earlier this week to split Alibaba into six main groups as a prel...
30 Mar, 2023, 04.04 PM IST
Alibaba to decide on control over new business units after IPOsGroup CEO Daniel Zhang said the company's breakup into separate businesses will allow its units to become more agile and eventually list on...
30 Mar, 2023, 11.05 AM IST
Alibaba's breakup plan lifts hopes China's tech crackdown is endingAlibaba said on Tuesday it was planning to split into six units and explore fundraisings or listings for most of them, in the biggest restr...
29 Mar, 2023, 09.30 AM IST
Alibaba's Hong Kong shares surge 16% on split-up plansOne day before the re-organization was announced, Alibaba founder Jack Ma, who had been out of mainland China since late 2021, was spotted ...
29 Mar, 2023, 08.53 AM 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
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