Alibaba, Tencent rally as Beijing stimulus plans push China's tech ...
WEBAug 28, 2024 · Chinese tech stocks, including beaten-down names like Alibaba, rallied this week, hitting highs not seen in more than a year after China’s central bank announced measures to stimulate the world’s...
Alibaba names new chairman and CEO in major shakeup
WEBJun 20, 2023 · Alibaba is replacing Daniel Zhang as chairman and CEO as the Chinese tech giant undergoes the biggest shakeup in its history.
Alibaba Takes Step Toward Comeback as Growth Finally Returns
WEBAug 10, 2023 · Alibaba Group Holding Ltd. returned to growth across all its main divisions, defying China’s economic turbulence to take a first step toward a long-awaited comeback after more than a year of...
Alibaba shares jump after founder Jack Ma reemerges with praise …
WEBApr 10, 2024 · Alibaba, whose business spans everything from e-commerce to cloud computing, has seen billions of dollars wiped off of its value in the past few years, thanks to tougher regulation from Beijing...
Alibaba Group CEO consolidates control of core businesses with …
WEBSHANGHAI, Dec 20 (Reuters) - Alibaba Group (9988.HK) said on Wednesday its chief executive would directly oversee its domestic e-commerce arm, with the unit's previous head turning her focus to...
Inside the crisis at Alibaba: how China’s best-known tech group …
WEBJan 2, 2024 · Inside the crisis at Alibaba: how China’s best-known tech group lost its way. Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuring. Alibaba has...
China e-commerce giant Alibaba outlines future strategy | AP News
WEBMar 30, 2023 · HONG KONG (AP) — Alibaba plans to spin off some of its sprawling e-commerce and finance empire as independent businesses to make them more flexible and maximize their value, its top executives said Thursday, as the company emerges from regulatory crackdowns that rattled Chinese tech industries.
Alibaba raises $5bn for share buybacks as it warns of AI challenges
WEBMay 24, 2024 · Alibaba is raising $5bn from issuing convertible bonds, calling into question the Chinese ecommerce group’s ability to tap its huge cash piles to repurchase shares.
Alibaba (阿里巴巴集团): Latest News and Updates | South China Morning Post
WEB6 days ago · Latest news, analysis and opinion on e-commerce group Alibaba, which was founded by Jack Ma, including its consumer-to-consumer business Taobao.
Alibaba’s New CEO Elevates AI to Top Priority in Revamp
WEBSep 12, 2023 · Alibaba Group Holding Ltd. will put artificial intelligence and user experience at the top of its priorities, as its new leadership seeks to reclaim customers and market share in a fiercely ...