[
alibaba group news
]Latest from alibaba group
Apple's iPhones will use AI from Alibaba for Chinese market: Report
Apple's iPhones in China will utilise Alibaba's AI technology due to local regulations.

Published on Feb 13, 2025 04:04 PM IST
SoftBank CEO inflates AI bubble; He once threatened to set himself on fire for…
Masayoshi Son is a man of extremes with his $20 million bet on Alibaba becoming the most successful of all time when it grew to over $70 billion after a decade

Updated on Oct 27, 2024 01:09 PM IST
Bloomberg |
Alibaba to hire 2k graduates in China amid youth unemployment, eased regulations
Alibaba's e-commerce arm is hiring 2,000 graduates as youth unemployment hits record levels and regulatory crackdown eases.

Published on Aug 19, 2023 11:49 AM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
China's Alibaba rolls out ChatGPT rival Tongyi Qianwen
The new AI model will be added to Alibaba's Slack-like DingTalk app as well its smart home appliance provider Tmall Genie.

Updated on Apr 11, 2023 02:23 PM IST
Bloomberg |
Alibaba to split empire into 6 units as co-founder Jack Ma returns to China
Alibaba Group plans to split into six units and explore fundraisings or listings for most of them, it said on Tuesday, in a major revamp as Beijing vows to ease a sweeping regulatory crackdown and support its private enterprises.

Published on Mar 28, 2023 05:29 PM IST
Reuters |
Alibaba founder Jack Ma is living in Tokyo now: Report
Ma, 58, has largely disappeared from public view since he criticised the Chinese regulators in 2020, accusing the state-run banks of having a “pawnshop mentality” and calling for bold new players that can extend credit to the collateral poor.

Published on Nov 29, 2022 08:52 PM IST
PTI |
Indonesian tech firm GoTo in talks with Alibaba, Softbank for stake sale
Formed via a merger of ride-hailing provider Gojek and e-commerce firm Tokopedia, GoTo raised $1.1 billion in one of the world’s largest initial public offerings this year. The share sale boosted the value of stakes of China’s Alibaba and SoftBank’s Vision Fund to almost $5 billion combined.

Published on Oct 21, 2022 10:29 AM IST
Bloomberg | | Posted by Aryan Prakash
Jack Ma escapes Beijing’s crosshairs by giving up his power
The 57-year-old co-founder of Alibaba Group Holding Ltd. has popped up at restaurants in Austria, toured a university in the Netherlands to learn about sustainable agriculture and docked his yacht off the Spanish island of Mallorca, according to reporting by Bloomberg and local media.

Published on Jul 29, 2022 04:16 PM IST
Bloomberg |
Alibaba seeks primary Hong Kong listing to court China investors
China’s e-commerce leader said Tuesday it will apply to elevate its trading status in the Asian city, which will in turn allow Alibaba to seek inclusion in the Stock Connect link with the Shanghai and Shenzhen exchanges.

Published on Jul 26, 2022 07:04 AM IST
Bloomberg |
Alibaba increases share buyback size to record high $25 billion
This is the second time Alibaba Group Holding Ltd has expanded its buyback programme in a year. It had hiked the programme from $10 to $15 billion last August.

Published on Mar 22, 2022 09:24 AM IST
Reuters |
Billionaire Alibaba founder Jack Ma reappears in Hong Kong: Report
The Chinese billionaire has been keeping a low profile since delivering a speech in October last year in Shanghai criticising China's financial regulators.

Published on Oct 13, 2021 11:50 AM IST
Reuters |
Alibaba fires manager accused of sexually assaulting employee
Over the weekend, a female staffer posted an 11-page account on Alibaba's intranet in which she said her supervisor and a client sexually assaulted her while on a business trip, and that managers had failed to take action.

Updated on Aug 09, 2021 11:47 AM IST
Reuters | , Shanghai
Alibaba health-backed LinkDoc files for US IPO
The Beijing-based company, which offers cancer-focused healthcare services, reported a 41% jump in revenue for the three months ended March 31, according to the filing.

Published on Jun 15, 2021 03:58 AM IST
Reuters |
China's tech giants facing antitrust probe pledge to end unfair competition
Beijing is taking China's tech firms to task to curtail the reach of private companies into the daily finances of the Chinese public -- and, analysts say, to rein in their runaway expansion.

Published on Apr 15, 2021 02:51 PM IST
AFP | , Beijing
Alibaba shares rise as it plays down effects of record $2.78 billion fine
Ant Group, whose planned record-shattering $35 billion Hong Kong-Shanghai IPO was shelved late last year amid the Chinese crackdown on Big Tech, separately announced a restructuring plan but vowed to "ensure business continuity".

Published on Apr 12, 2021 05:41 PM IST
AFP | , Beijing
China's crackdown on its powerful companies intensifies: Report
State Administration for Market Regulation (SAMR) slapped a record $2.75 billion fine on Alibaba after an antimonopoly probe.

Published on Apr 11, 2021 03:56 PM IST
Reuters | , Beijing/hong Kong
China fines Alibaba record $2.75 billion for anti-monopoly violations
Alibaba's billionaire founder Jack Ma's business empire has been particularly put under intense scrutiny after his stinging criticism of China's regulatory system in late October.

Updated on Apr 10, 2021 08:24 AM IST
Reuters | , Shanghai
China eyes record monopoly fine near $1 billion for Alibaba: Report
The penalty could top the $975 million paid by US chipmaker Qualcomm in 2015 -- the biggest known for anticompetitive practices in China -- the Wall Street Journal report said, citing unnamed "people with knowledge of the matter".

Published on Mar 12, 2021 10:51 AM IST
AFP |
China issues new anti-monopoly rules targeting its tech giants
The new rules formalise an earlier anti-monopoly draft law released in November.

Published on Feb 07, 2021 06:25 PM IST
Reuters | , Beijing
Alibaba rallies in credit market as dollar bond deal starts
The Chinese e-commerce giant is marketing a multi-tranche bond offering which is expected to price as early as Thursday, according to a person familiar with the matter.

Published on Feb 04, 2021 01:51 PM IST
Bloomberg |
Alibaba resumes plan for $5 billion bond after revenue gain
The Chinese e-commerce giant will initiate a series of investors calls for the planned notes with various maturities up to 40 years from Wednesday, according to a person familiar with the matter.

Published on Feb 03, 2021 10:32 AM IST
Bloomberg |
Alibaba beats quarterly revenue estimates on online boom
The results come as China clamps down on founder Jack Ma's sprawling business empire, having forced the suspension of a blockbuster $37 billion IPO for Alibaba's financial affiliate Ant Group.

Published on Feb 02, 2021 05:58 PM IST
Reuters |
Deaths, self-immolation draw scrutiny on China tech giants
For white-collar workers in the technology industry, pay is better than in some industries but employees are often expected to work 12 hours a day or more.

Published on Jan 17, 2021 12:10 PM IST
AP | , Hong Kong
US decides against investing ban on Alibaba, Tencent and Baidu
The decision removes uncertainty hanging over Chinese social media and gaming leader Tencent and Alibaba, the e-commerce titan founded by billionaire Jack Ma that’s now under intense regulatory scrutiny by Beijing regulators.

Published on Jan 14, 2021 03:20 PM IST
Bloomberg |
Alibaba to be probed for antitrust charges
The announcement spooked many investors who dumped shares of Alibaba’s subsidiaries and affiliates, as well as other internet firms that risk being targeted by Chinese antitrust regulators.

Updated on Dec 25, 2020 05:21 AM IST
Livemint, Beijing |
Sutirtho Patranobis
Key events leading to China’s investigation into Alibaba Group
In October, China’s Financial Stability and Development Committee, a cabinet-level body headed by Vice Premier Liu He, flags risks associated with the rapid development of fintech.

Published on Dec 24, 2020 02:58 PM IST
Alibaba CEO says China’s draft anti-monopoly rules ‘timely and necessary’
Alibaba’s e-commerce marketplaces and payment services are also expected to face greater oversight under the draft rules published on Nov. 10 by China’s market regulator, which said it wanted to prevent platforms from dominating the market or from adopting methods aimed at blocking fair competition.

Published on Nov 23, 2020 09:58 AM IST
Wuzhen, China |
Reuters | Posted by Kanishka Sarkar
Jack Ma blasts global financial regulators’ curbs on innovation
Digital currencies may play an important role in building the type of a financial system that will be needed in the next 30 years, Ma said.

Published on Oct 25, 2020 03:24 PM IST
Alibaba set for ‘big challenge’ as flamboyant chairman Ma departs
Last week, Alibaba announced investments of $2.7 billion in luxury goods retail platform Kaola and a music streaming firm in moves that partly demonstrated its flexibility in adopting new strategies.

Updated on Sep 10, 2019 10:29 PM IST
Shanghai |
Reuters
Paytm to start planning IPO in 22-24 months, says CEO Vijay Shekhar at HT-MintAsia Leadership Summit
Paytm’s parent company One97 Communications is India’s most valuable unicorn, or privately held startup with a valuation of $1 billion or more. Its backers include Masayoshi Son’s SoftBank Vision Fund, and Alibaba Group’s Ant Financial.

Updated on Sep 06, 2019 03:44 PM IST
- 1
- 2
- ...