Jack Ma bought Alibaba shares worth $50 million in fourth quarter – NYT
(Reuters) – Alibaba co-founder Jack Ma and Chairman Joe Tsai bought millions worth of shares in the Chinese e-commerce giant in the fourth quarter, the … Read more
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Alibaba Group says repurchased $9.5 billion worth shares in 2023
(Reuters) -China’s Alibaba Group said on Tuesday it had repurchased a total of 897.9 million of its shares for $9.5 billion during 2023. The shares … Read more
Former Malibu Resident Sentenced to More Than 15 Years in Prison for Conning Investors with Bogus Promises of Discounted Alibaba IPO Shares
LOS ANGELES – A former Malibu resident was sentenced today to 188 months in federal prison for defrauding several individuals out of more than $3 … Read more
Alibaba banks on aggressive Singles Day pricing to recoup sales mojo
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – China’s Alibaba is pressuring merchants to offer rock-bottom prices on its marketplaces in this year’s Singles … Read more
Alibaba upgrades AI model Tongyi Qianwen, releases industry-specific models
By Josh Ye HONG KONG (Reuters) – Chinese technology giant Alibaba said on Tuesday it has updated its artificial intelligence (AI) model Tongyi Qianwen and … Read more
Alibaba tells Erdogan it plans to invest $2 billion in Turkey
ISTANBUL (Reuters) -Chinese e-commerce giant Alibaba Group Holding Ltd has told Turkish President Tayyip Erdogan it plans to invest $2 billion in Turkey. Michael Evans, … Read more
Singapore Exchange to list structured certificates linked to China’s Alibaba
SINGAPORE (Reuters) – Singapore Exchange (SGX) said on Tuesday that it will start trading structured certificates this month, making it the first in Asia to … Read more
Ant group quarterly profit rises 17.5% on year to 13.37 billion yuan – Alibaba filing
SHANGHAI (Reuters) – China’s Ant Group made net profit of 13.37 billion yuan ($1.85 billion) in the three months to March 31, up 17.5% from … Read more
Alibaba exploring options for video platforms Youku, Tudou -Bloomberg News
(Reuters) – Alibaba Group Holding is exploring options for its video streaming platforms Youku and Tudou, Bloomberg News reported on Tuesday, citing people familiar with … Read more
Marketmind-Bank calm, rates firm, Alibaba steals show
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan. A semblance of calm has returned to world markets … Read more
SoftBank shares jump on Alibaba split-up plans
TOKYO (Reuters) – Shares in SoftBank Group Corp soared on Wednesday after Chinese e-commerce conglomerate Alibaba Group, in which the Japanese technology investor has a … Read more
Marketmind: Alibaba fires up market mood
A look at the day ahead in European and global markets from Anshuman Daga Just as investor angst over U.S. and European banking troubles eases, … Read more
Ant Group quarterly net profit plunges by 82.7% -Alibaba filing
SHANGHAI (Reuters) – China’s Ant Group on Thursday made net profit of 3.05 billion yuan ($442.13 million) in the three months to Sept. 30, down … Read more
Alibaba signs cooperation agreement with authorities in China’s Hangzhou -media
SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd has signed a cooperation agreement with the government of Hangzhou, the city where the company … Read more
Alibaba co-founder Joseph Tsai to reduce stake in company- Bloomberg News
(Reuters) – Alibaba co-founder and executive vice chairman Joseph Tsai has indicated he plans to sell part of his stake in the company through Morgan … Read more
Tim Hortons teams up with Alibaba to woo Chinese coffee drinkers
BEIJING (Reuters) – The operator of Canadian coffee chain Tim Hortons in China said on Thursday it had forged a two-year partnership with Alibaba Group’s … Read more
SoftBank shares rise 5% on news of trimming Alibaba stake
TOKYO -Shares in SoftBank Group Corp rose 5% in morning trading in Tokyo on Friday after the Japanese conglomerate said it would book a $34.1 … Read more
China’s Ant Group net profit fell 17.3% in March quarter – Alibaba filing
SHANGHAI – China’s Ant Group on Wednesday logged net profit of 11.38 billion yuan ($1.68 billion) in the quarter to March, down 17.3% from a … Read more
Reaction to Alibaba seeking dual primary listing in Hong Kong
HONG KONG – The following are quotes from analysts and lawyers after Alibaba said it would apply for a primary listing in Hong Kong and … Read more
China regulator fines Alibaba, Tencent for disclosure violations
SHANGHAI – China has imposed fines on technology giants Alibaba and Tencent as well as a range of other firms for failing to comply with … Read more
Alibaba looks to expand Southeast Asian arm Lazada to Europe – sources
By Fanny Potkin and Brenda Goh SINGAPORE/SHANGHAI – Alibaba Group plans to expand its Southeast Asian arm, Lazada, to Europe, two sources familiar with the … Read more
Republican Senator Critical Of China But Bought Up To $250K Of Alibaba Stock
A Republican senator critical of China and companies doing business there recently bought and sold stock and options of a Chinese e-commerce giant, according to … Read more