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
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
Alibaba Group sells 3.3% stake in Paytm parent for Rs 1,378 croreAlibaba.com Singapore E-Commerce Pvt Ltd sold 2,14,31,822 shares at Rs 642.74 apiece. This was at a steep discount of 9% to Thursday’s clos...
10 Feb, 2023, 07.54 PM IST
Alibaba Group sells 3% stake in Paytm parent for Rs 1,031 croreThe group, through its entity Alibaba.com Singapore E-Commerce, sold 1,92,00,000 shares of the company at Rs 536.95 a share, bulk deals dat...
12 Jan, 2023, 10.15 PM IST
Alibaba sells Paytm stake worth $125 million via block dealAlibaba, which held a 6.26% stake in Paytm as of end-September, sold the stake at 536.95 rupees apiece
12 Jan, 2023, 04.11 PM IST
China's blue-chip stocks hit four-month low as Fed rate hike loomsThe CSI 300 Index ended down 0.7%, hitting the lowest level since May 9, while the Shanghai Composite Index edged down 0.2%. The Hang Sang ...
21 Sep, 2022, 02.45 PM IST
Legendary China bets unwind as Warren Buffett, SoftBank, Naspers sellBig-name investors who’ve made billions from Tencent Holdings, Alibaba Group Holding, and BYD Co., are taking money off the table.
08 Sep, 2022, 05.29 PM IST
Alibaba and Tencent stocks plunge after latest finesIt included five of Alibaba's transactions and 12 of Tencent's. A wide-reaching crackdown on the technology sector has often hit stock pric...
11 Jul, 2022, 01.57 PM IST
Alibaba and Tencent stocks plunge after latest fines by Chinese regulatorsEcommerce giant Alibaba's shares in Hong Kong fell 6.8%, while gaming and social media company Tencent Holdings sank 3.2%. The Hang Seng in...
11 Jul, 2022, 01.10 PM IST
Amid Share price Instability, SoftBank's Alibaba shareholding is under focusMany of the conglomerate's technology firms have dropped in value in the last year.
26 Mar, 2022, 09.36 PM IST
Hong Kong stocks tumble as traders extend tech routThe Hang Seng Index dived five percent Monday as the Hang Seng Tech Index was pummelled 11 percent after China said it would lock down Shen...
15 Mar, 2022, 02.07 PM IST
US-listed Chinese firms nosedive amid geopolitical, macro concernsRegulatory pressure, the Russia-Ukraine crisis, and the new Covid lockdown in China have caused a massive fall in US-listed Chinese firms' ...
14 Mar, 2022, 09.29 PM IST
Alibaba appoints new CFO, reshuffles e-commerce businessesChina's largest e-commerce group Alibaba is appointing a new chief financial officer and reorganizing its e-commerce businesses amid a regu...
06 Dec, 2021, 12.12 PM IST
Alibaba chairman says China's antitrust rules 'necessary'The move to regulate monopolistic power of China's technology giants sparked a sell-off in Chinese internet stocks. Alibaba's stock price i...
23 Nov, 2020, 03.56 PM IST
Mukesh Ambani loses Asia wealth crown to Jack Ma in $5.8 billion routJack Ma is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani.
10 Mar, 2020, 05.11 PM IST
Jim Rogers says next bear market will be the 'worst in our lifetime’He predicts the stock market will experience jitters until Fed Reserve increases borrowing costs.
09 Feb, 2018, 11.29 AM IST
Top bosses' reaction to the stock market: Keep calm and carry onWhile stocks tumbled worldwide, industry leaders and corporate honchos tried to reassure, employees and customers alike.
28 Aug, 2015, 12.34 PM IST