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ALIBABA STAKE SALE
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthroughDespite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...
China's DeepSeek releases new AI model a year after viral riseChinese AI firm DeepSeek unveiled a new model with significantly lower costs and a massive one million word context. This development promi...
Billionaire investor Ryan Cohen boosts stake in Alibaba to $1 billion: reportCohen had built a stake in Alibaba worth hundreds of millions of dollars in early 2023 and was pushing the company to increase and speed up...
Ant Group nets 4X return on investment in Zomato after latest part stake saleOn an investment of Rs 3,246 crore in the Gurugram-based food delivery firm, the Chinese ecommerce giant Alibaba’s affiliate has pocketed R...
Alibaba Group raises Rs 1,631 crore via 3% stake sale in ZomatoIn August, venture capital fund Sequoia Capital had sold 2% stake, which followed the sale of the entire 7.8% stake by Uber and a 2.3% stak...
SoftBank raises $22 billion by selling Alibaba derivativesSoftBank has this year executed the sale of about a third of its Alibaba stake through these contracts, a type of derivatives that allows t...
Crackdown-hit Alibaba to divest 5% stake in Chinese broadcasterThe sale comes less than a year after the investment in December last year, as Chinese authorities mount an anti-trust crackdown on large t...
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...
Alibaba in investment talks with Delhivery and Xpressbees LogisticsThe Chinese company is also chalking out a plan to get Paytm to spin off its marketplace business and plans to top it up with more capital,...
Micromax in talks to sell one fourth stake to Alibaba for Rs 4,200 crore; SoftBank may join the dealMicromax is on the verge of signing an agreement to with Alibaba for Rs 4,200 cr, in what will be the first such purchase in an Indian phon...
Yahoo without its Alibaba stake may lure buyersMarissa Mayer is expected to give an update next week about whether Yahoo will sell its Alibaba shares and how it will avoid paying taxes o...
- Yahoo! Inc rises on plans to return $3 billion to investors
Yahoo! Inc rose after saying it's returning to shareholders most of the proceeds from the sale of half its stake in Alibaba Group Holding L...
- Yahoo considers trimming its 40% stake in Alibaba
Internet giant Yahoo is considering trimming its 40% stake in Alibaba Group to about 15%, two persons briefed on the matter said.
- Yahoo mulls $18-bn stake sales in China, Japan
Yahoo may shed its substantial holding in China's Alibaba Group and in its Japanese affiliate in transactions totalling about USD 18 billio...
- Yahoo! seeks to ease tensions with Alibaba
Yahoo! chief executive Carol Bartz sought Friday to ease tensions with Alibaba Group, the Chinese e-commerce giant in which the California ...
- Yahoo sees $150 mn windfall from Alibaba.com sale
Yahoo has cashed out of its investment in China's leading e-commerce site, Alibaba.com.