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ALIBABA RESTRUCTURING EFFORTS
Tencent seizes momentum in China’s AI race against AlibabaTencent in just the past week introduced several signature products aimed at tapping a national enthusiasm for AI agents like OpenClaw — au...- Alibaba to plan IPO for AI chipmaking unit T-Head: ReportAlibaba's US-listed shares rose 4.6% premarket after the report. As a first step, Alibaba plans to restructure the unit as a business partl...
- Alibaba stock surges as AI-powered cloud revenue beats Wall Street estimates and lifts BABA share price outlook — Is BABA a Buy?Alibaba Group Holding Ltd. (NYSE: BABA) climbed sharply after reporting quarterly revenue that exceeded Wall Street expectations. The stock...
- China's internet firms cautiously revive lending as Beijing pushes consumer loansBeijing began reining in what it described as "disorderly expansion" by internet platforms in 2020 by pulling the IPO of Alibaba-affiliated...
- Govt crackdown on PAN misuse; wearables slump hits profitsThe Ministry of Home Affairs has called for action against unauthorised use of personal data across various platforms. This and more in tod...
- Alibaba Group lays off dozens of employees to cut costs: reportAlibaba layoffs: China's Alibaba Group has reduced the Yuanjing team, its metaverse arm, as part of a broader reset. The division was set u...
- 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...
- Alibaba exec moves to quell staff concern over Jack Ma share sale with internal postIn a move seen as an effort to quell ongoing unease within the e-commerce giant, Jiang Fang, an Alibaba partner and its chief talent office...
- 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...
- Jack Ma’s clash with Beijing costs Ant, Alibaba $850 billionChinese authorities said on Friday they would wrap up a probe into Ant with the financial technology company paying a fine of almost $1 bil...
- Penalty on electric two-wheeler makers guilty of wrongful subsidy claims; Eddie Wu is new Alibaba CEOCaught with their hands in the till, electric scooter makers who wrongfully claimed subsidies under the Centre’s FAME II scheme are set to ...
- 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 ...
- Beijing gives initial nod to revive Ant IPO after crackdown coolsAnt, an affiliate of Chinese ecommerce behemoth Alibaba Group Holding Ltd, aims to file a preliminary prospectus for the share offering in ...
- Beijing gives initial nod to revive Ant IPO after crackdown coolsAnt, an affiliate of Chinese e-commerce behemoth Alibaba Group Holding Ltd, aims to file a preliminary prospectus for the share offering in...
- A chastened Alibaba tones down its Singles Day retail bonanzaThe shopping holiday, which Alibaba invented over a decade ago, is evolving for a chastened new era for China’s internet industry, one that...
- Record penalty for Alibaba marks tumultuous stretch for its founder Jack MaThe reversal of fortune for the 56-year-old Ma, who has all-but-disappeared from public view since an October speech blasting China's regul...
- China targets Jack Ma’s Alibaba empire in monopoly probeOnce hailed as drivers of economic prosperity and symbols of the country’s technological prowess, Alibaba and rivals like Tencent Holdings ...
- SoftBank’s Vision Fund is planning to cut 10% of staffThe Vision Fund has struggled since WeWork botched its efforts to go public last year and SoftBank stepped in to bail the company out.
- Indian ecommerce players brace for Alibaba's onset, keep an eye out on AmazonFor India’s ecommerce sector, then, Alibaba’s much spoken-of India launch is one challenge facing the industry in the midst of a painful tr...
- One less Bansal at Flipkart as Myntra's Mukesh quits; senior executive Ankit Nagori to also leaveMukesh Bansal has resigned as head of commerce & advertising biz at Flipkart, just weeks after a restructuring that resulted in Binny Bansa...
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