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alibaba’s

Alibaba’s grocery unit IPO put on ice amid disappointing valuation – Bloomberg News

September 8, 2023September 8, 2023
Alibaba's grocery unit ipo put on ice amid disappointing valuation - bloomberg news - photo licensed by shore news network.

(Reuters) -China’s Alibaba Group Holding Ltd is putting a potential Hong Kong initial public offering of its Freshippo grocery chain on hold amid weak sentiment …

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Alibaba’s Ele.me platform signs wages, safety contracts as tech crackdown ends – media

July 13, 2023
Alibaba's ele. Me platform signs wages, safety contracts as tech crackdown ends - media - photo licensed by shore news network.

BEIJING (Reuters) – Alibaba’s Ele.me on Thursday became China’s first delivery platform to sign collective contracts on wages and labour safety with its staff, official …

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Quotes: Here’s what people are saying about Alibaba’s management reshuffle

June 20, 2023
Quotes: here's what people are saying about alibaba's management reshuffle - photo licensed by shore news network.

(Reuters) – Alibaba Group said on Tuesday its CEO and chairman Daniel Zhang will step down from those roles to focus on its cloud division …

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FACTBOX-How Alibaba’s six new business units stack up

June 20, 2023June 20, 2023
Factbox-how alibaba's six new business units stack up - photo licensed by shore news network.

(Reuters) – Alibaba Group Holding said on Tuesday that Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will succeed Daniel Zhang as chief …

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Alibaba’s global online commerce arm weighs US IPO – Bloomberg News

May 4, 2023
Alibaba's global online commerce arm weighs us ipo - bloomberg news - photo licensed by shore news network.

(Reuters) -Alibaba Group Holding Ltd’s international online shopping unit is exploring a U.S. initial public offering, Bloomberg News reported on Thursday citing people familiar with …

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Foreign cash streaming back to China after Alibaba’s plans

April 4, 2023
Foreign cash streaming back to china after alibaba's plans - photo licensed by shore news network.

By Xie Yu and Jason Xue HONG KONG/SHANGHAI (Reuters) – Foreign investors are steadily marching into China in the wake of Alibaba’s plans to restructure, …

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FACTBOX-How Alibaba’s six new business units stack up

March 28, 2023
Factbox-how alibaba's six new business units stack up - photo licensed by shore news network.

SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group announced on Tuesday it will split into six business units, each with its own CEO and board …

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China’s Fosun seeks to sell stake in Alibaba’s logistics arm Cainiao- sources

November 23, 2022
China's fosun seeks to sell stake in alibaba's logistics arm cainiao- sources - photo licensed by shore news network.

By Julie Zhu and Kane Wu HONG KONG (Reuters) – Debt-laden Chinese conglomerate Fosun International is seeking to offload a minority stake in Alibaba Group’s …

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ByteDance’s Douyin teams up with Alibaba’s Ele.me in mini programme push

August 19, 2022
Bytedance's douyin teams up with alibaba's ele. Me in mini programme push - photo licensed by shore news network.

BEIJING (Reuters) – ByteDance’s Douyin and Alibaba-owned Ele.me said on Friday they have agreed on a collaboration that will see the food delivery app establish …

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Exclusive: Alibaba’s Freshippo seeks funds at much lowered $6 billion valuation – sources

July 12, 2022
Exclusive: alibaba's freshippo seeks funds at much lowered $6 billion valuation - sources - photo licensed by shore news network.

By Kane Wu HONG KONG – Alibaba’s supermarket chain Freshippo is seeking to raise funds at a valuation of about $6 billion, much lower than …

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Alibaba’s Freshippo adds more couriers, still unable to meet Shanghai demand

April 24, 2022
Alibaba's freshippo adds more couriers, still unable to meet shanghai demand - photo licensed by shore news network.

SHANGHAI – Alibaba’s supermarket chain Freshippo said on Sunday it was adding more couriers to meet high demand in Shanghai but this was not yet …

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