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...
08 Feb, 2024, 08.41 AM IST
Ant group quarterly profit rises nearly 18% on year to 13 billion yuanAlibaba, which spun off Ant 12 years ago, said last month it had decided not to participate in Ant's proposed share buyback and would maint...
10 Aug, 2023, 08.38 PM IST
Ant Group plans restructuring, paving way for Hong Kong IPO: reportThe Alibaba Group affiliate is looking at excluding its blockchain, database management services and international businesses from a main e...
26 Jul, 2023, 09.15 AM IST
Alibaba shares rise 5.5% amid hopes Ant regulatory crackdown is endingThe scrutiny of the last two years created an uncertain environment that wiped billions off China tech sector share prices, including onlin...
10 Jul, 2023, 06.12 PM IST
Masayoshi Son's SoftBank plans to sell majority of its stake in AlibabaSoftBank Group is looking to shed a majority of its position in Alibaba, after having sold $7bn in the Chinese tech giant this year using p...
13 Apr, 2023, 11.46 PM IST
Paytm completes Rs 850 crore-share buyback within 3 months of launchShare buyback through the open market is favourable for companies, but not for shareholders. A company keeps buying its shares from the ope...
16 Feb, 2023, 03.47 PM IST
Paytm completes share buyback worth Rs 850 croreThe Paytm board had approved buyback of shares worth Rs 850 crore on December 13, representing 6.67% of the total paid-up share capital bet...
14 Feb, 2023, 11.24 PM IST
Investor Ryan Cohen builds Alibaba stake, pushes for more share buybacksAlibaba in November raised the size of its share repurchase program to $40 billion, increasing it by $15 billion, and said it would extend ...
17 Jan, 2023, 12.29 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
Zomato CEO tries to quell fast feud; Oyo opens doors to Ukraine refugeesOn Monday, Zomato CEO Deepinder Goyal wrote in a blog post that the company would start testing 10-minute food deliveries in Gurugram. Twen...
22 Mar, 2022, 11.10 PM IST
Alibaba raises share buyback to $25 billion from $15 billionAlibaba said it had already re-purchased about $9.2 billion of its US-listed shares as of March 18 under its programme, which was initially...
22 Mar, 2022, 08.38 AM IST
Alibaba increases share buyback to $25 billion from $15 billion"The upsized share buyback underscores our confidence in Alibaba's long-term, sustainable growth potential and value creation," said Alibab...
22 Mar, 2022, 07.09 AM IST
SoftBank seen trimming Alibaba stake to fill shortfall: AnalystThe group will need $40 billion-45 billion of cash this year, Jefferies analyst Atul Goyal estimates, if it maintains the current pace of i...
22 Feb, 2022, 09.35 AM IST
SoftBank shares jump 11% on $9 billion buybackThe buyback is SoftBank's second largest after a record 2.5 trillion yen buyback launched during the depths of the COVID-19 pandemic last y...
09 Nov, 2021, 01.39 PM IST
SoftBank shares jump 10% on $9 billion buybackThe buyback is SoftBank's second-largest after a record 2.5 trillion yen buyback launched during the depths of the Covid-19 pandemic last y...
09 Nov, 2021, 11.42 AM IST
Alibaba's $10 bln buyback plan fails to halt stock slide as regulatory concerns mountA sharp sell-off over two sessions has knocked almost $116 billion off the tech giant's Hong Kong-listed shares.
28 Dec, 2020, 01.48 PM IST
- 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...
20 Sep, 2012, 05.02 AM IST