Alibaba's overhaul: a 'smart' move after China crackdownAlibaba has said it will split its $220 billion empire into six businesses: focusing on logistics, cloud computing, entertainment, e-commer...
29 Mar, 2023, 03.19 PM IST
Alibaba's breakup plan lifts hopes China's tech crackdown is endingAlibaba said on Tuesday it was planning to split into six units and explore fundraisings or listings for most of them, in the biggest restr...
29 Mar, 2023, 09.30 AM IST
Alibaba founder Jack Ma returns to China as govt tries to allay private sector fearsAlibaba founder Jack Ma has returned to China after more than a year abroad. The visit signals a softening of the government's tone towards...
27 Mar, 2023, 04.12 PM IST
Alibaba beats quarterly revenue estimates as Covid-19 curbs easeRevenue rose 2% to 247.76 billion yuan ($35.92 billion) for its fiscal third quarter to December 31, compared with a Refinitiv consensus es...
23 Feb, 2023, 08.54 PM IST
Alibaba Founder Jack Ma resurfaces, cites 'difficult' year to rural teachersAlibaba Group Founder Jack Ma, who has gone into hiding after regulatory crackdown in China amid the massive Covid surge in the country, re...
01 Jan, 2023, 12.20 PM IST
Alibaba quarterly revenue flat for first time ever in JuneRevenue came in at 205.6 billion yuan ($30.7 billion) in the April-June quarter, beating analyst expectations despite being slightly below ...
04 Aug, 2022, 05.23 PM IST
China's Alibaba to apply for dual primary listing in Hong KongThe move comes after the Hong Kong Stock Exchange (HKEX) in January changed its rules to allow "innovative" Chinese companies with weighted...
26 Jul, 2022, 07.45 AM IST
Alibaba cuts a third of deals team staff after regulatory crackdown: reportAlibaba plans to reduce its strategic investment team of more than 110 people, mainly based in mainland China, to about 70, said two of the...
14 Jul, 2022, 05.32 PM IST
Alibaba reports slowest growth yet amid COVID-19 outbreaksRevenue increased 9% to 204.05 billion yuan ($30.3 billion) in the three months ended March, as its core e-commerce platforms Taobao and Tm...
26 May, 2022, 08.53 PM IST
Chinese crackdown on tech giants show signs of easing; Alibaba, Baidu, JD.Com surgeBaidu, JD.com, and Alibaba shares gained in the premarket trading because Chinese-run news outlets stated that the government might end the...
29 Apr, 2022, 10.10 PM IST
Alibaba overhauls ecommerce businesses, appoints new CFOAlibaba said it would form two new units to house its main ecommerce businesses - international digital commerce and China digital commerce...
06 Dec, 2021, 09.02 AM IST
Chinese central bank boss vows to further fintech crackdownAuthorities have for about a year targeted a range of homegrown tech behemoths, including ecommerce titan Alibaba and food delivery giant M...
08 Oct, 2021, 10.57 AM IST
Crackdown-hit Alibaba to divest 5% stake in Chinese broadcasterThe sale comes less than a year after the investment in December last year, as Chinese authorities mount an anti-trust crackdown on large t...
24 Sep, 2021, 12.25 PM IST
Crackdown-hit Alibaba to divest 5% stake in Chinese broadcasterThe sale comes less than a year after the investment in December last year, as Chinese authorities mount an anti-trust crackdown on large t...
24 Sep, 2021, 11.13 AM IST
China blocks app's social media after post on Tiananmen anniversaryThe Weibo page of Xiaohongshu—a Pinterest-like platform where users share travel and shopping tips—published a post on June 4 saying, "Tell...
07 Jun, 2021, 11.43 AM IST
Alibaba freezes executive pay rise amid China's big tech crackdown: Sources"Talent is Alibaba Group's most important asset. We have a robust and competitive compensation system that reflects our priorities in culti...
30 Apr, 2021, 12.43 PM 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