Alibaba shares set to open down 3% after outgoing CEO quits cloud unitThe Hong Kong-listed shares of China's Alibaba Group were set to open down 3.1% on Monday after the surprise departure of outgoing Alibaba ...
11 Sep, 2023, 08.18 AM IST
Alibaba says Daniel Zhang steps down from cloud businessZhang had previously been concurrently serving in three roles, heading the group as well as its cloud unit.
10 Sep, 2023, 09.04 PM IST
Alibaba Group says Eddie Wu to succeed Daniel Zhang as CEO, Joseph Tsai to take over as chairmanZhang will shift to fully focus on the cloud intelligence group, the company said. Zhang has since December been concurrently serving as th...
20 Jun, 2023, 11.03 AM IST
Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go publicThe company in March announced plans to reshape itself into six business divisions with plans to allow all but its core e-commerce business...
18 May, 2023, 08.25 PM IST
China's Alibaba invites businesses to trial AI chatbotThe free-to-use ChatGPT, a large language model (LLM) application created by Microsoft-backed OpenAI, was released to the public last Novem...
07 Apr, 2023, 09.05 PM IST
China's Alibaba invites businesses to trial AI chatbot: reportThe free-to-use ChatGPT, a large language model (LLM) application created by Microsoft-backed OpenAI, was released to the public last Novem...
07 Apr, 2023, 04.36 PM IST
Alibaba considers yielding control of some businesses in overhaulGroup CEO Daniel Zhang said the company's breakup into separate businesses will allow its units to become more agile and eventually launch ...
30 Mar, 2023, 11.42 PM IST
Alibaba to decide on control over new business units after IPOsGroup CEO Daniel Zhang said the company's breakup into separate businesses will allow its units to become more agile and eventually list on...
30 Mar, 2023, 11.05 AM IST
How Alibaba's six new business units stack upAlibaba has long relied on e-commerce as its core business, with smaller divisions in sectors such as cloud computing and entertainment. Th...
28 Mar, 2023, 11.28 PM IST
After the split, here's how Alibaba's six new business units stack upThe company's CEO Daniel Zhang said the business units will each be free to pursue funding and IPOs independently, which points to a possib...
28 Mar, 2023, 06.07 PM IST
Alibaba lays off nearly 10,000 employees amid poor salesAccording to South China Morning Post, more than 9,241 employees left Hangzhou-based Alibaba during the June quarter, as the company trimme...
06 Aug, 2022, 03.40 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
Alibaba CEO says China's draft anti-monopoly rules 'timely and necessary'China's move to draft rules aimed at preventing monopolistic behaviour by internet platforms is "timely and necessary", Alibaba Group CEO D...
23 Nov, 2020, 11.35 AM IST
Jack Ma's crazy rich Asian odyssey has a timely endTime and time again, Chinese billionaires on lists of the super-wealthy have been cut down to size.
10 Sep, 2018, 12.35 PM IST
Alibaba's Jack Ma to hand chairman's role to CEO Daniel Zhang next yearJack Ma's retirement as executive chairman will coincide with his 55th birthday, on September 10th 2019.
10 Sep, 2018, 10.38 AM IST
Alibaba guides for 45-49% growth in FY18, Investors thump in cheerThe e-commerce and data giant, which is seeking to expand new business lines in artificial intelligence, has seen its stock rise over 40 pe...
08 Jun, 2017, 03.54 PM 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