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ALIBABA RESTRUCTURING STRATEGY
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...- 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 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...
- Chinese tech giant Alibaba posts 5% quarterly revenue growthChinese tech and ecommerce giant Alibaba on Friday reported moderate revenue growth of five percent in its latest quarter, as Beijing works...
- Alibaba boosts share buyback as revenue misses estimatesAlibaba executives expressed coolness about the near-term potential of IPOs for Cainiao logistics and Freshippo. Alibaba is considering sel...
- Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market valueAlibaba's concerns over the US export curbs announced by Washington in October come on the heels of similar worries raised this week by Chi...
- Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market valueThe drop, potentially its biggest one-day fall in more than a year, wiped about $20 billion off the Chinese tech giant's market value.
- Alibaba's Hong Kong shares tumble 10% after cloud unit spin-off shelvedThe stock opened down 7.8% and then deepened its loss to 10.3% by mid-morning, heading for its biggest one-day drop in more than a year.
- Alibaba scraps cloud business spin-off citing US chip curbsThe U.S. decision last month to ban the export to China of more chips used in artificial intelligence (AI) has created major uncertainties ...
- 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...
- Alibaba shares sink amid Ant shake-up, earnings risksMa's as-yet-unannounced plans to give up control of Ant Group are part of a strategy to appease Chinese regulators and revive Ant's initial...
- Paytm Mall cuts all functions from parent companyPaytm Mall has fully integrated its deals platform Nearbuy, which it acquired in December 2017, with its app and started mapping neighbourh...
- Paytm Mall cuts monthly cash burn to Rs 40 croreVijay Shekhar Sharma sees breakeven in two years as firm cuts cash burn from a peak of Rs 200 crore last year.
- Paytm Mall rejigs team to focus on ‘Offline to Online ’Paytm to invest in its merchant ecosystem B2B
- Has the Flipkart-Walmart deal made smaller e-commerce players redundant?Walmart has been propped up in India's e-commerce space almost overnight - much like Amazon five years ago. But where does that leave small...
- 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...
- Binny Bansal to double down focus on commerce & supply chain, make Flipkart Alibaba of IndiaBinny Bansal’s answer is to double down focus in two areas: the main ecommerce business and logistics, a unit he knows only too well.
- 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...
- Investors' pressure pushing start-ups against wall: Ronnie ScrewvalaWhile this has been bad publicity for many of these startups, he said this doesn't signal that the companies would go burst.
- Merissa Mayer to review Yahoo's business strategy, may scrap plan to pay billion of dollars to shareholdersMerissa Mayer may scrap the Yahoo's initial plan to pay its shareholders billion of dollars from the anticipated windfall gain later this y...
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