You Searched For "Alibaba Group Holding" and got 20 results
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1 min read
Jack Ma sends longest memo to Alibaba employees in 5 years
Reclusive billionaire cofounder Jack Ma has some words of encouragement for Alibaba Group employees.
Jordan Hart
2 mins read
Jack Ma's Alibaba climbs after the the billionaire gives up control of Ant Group
Shares of the Chinese e-commerce giant climbed for the sixth consecutive trading session, and have …
Phil Rosen
2 mins read
Alibaba extends losses to $26 billion in market value after the company announces big reversal of spin-off plans
Alibaba was down for a second day on Friday, deepening losses as plans to spin off its cloud unit w…
Phil Rosen
1 min read
Jack Ma praised a key rival. A day later, it overtook Alibaba as China's most valuable e-commerce company.
PDD's market cap is nearly $185 billion, while Alibaba's market cap is nearly $184 billion.
Huileng Tan
2 mins read
Ant Group's $35 billion IPO could be back in play because it plans a JV with China-backed firms, report says
Chinese regulators had ordered Ant Group to restructure before allowing the fintech giant to comple…
Sophie Kiderlin
2 mins read
Alibaba's bizarre annual traditional of holding a mass wedding ceremony for its employees continued this year — without founder Jack Ma
This is the 17th year the company has held the group wedding. In order to take part, at least one m…
Weilun Soon
2 mins read
Jack Ma's Ant Group reportedly plans to transform into a financial holding company overseen by China's central bank
Jack Ma's Ant Group becoming a financial holding company would give Chinese regulators oversight of…
Grace Dean
6 mins read
Not just small investors, even Alibaba-owned ANT Group and Softbank have lost money on Paytm
All the retail investors who lost money on Paytm’s public issue, it may bring you some solace that …
4 mins read
Republican Sen. Tommy Tuberville, a China critic, just quietly dumped his investments in Communist Party-tied Alibaba Group
The Alabama politico, who previously violated federal stock trading rules, has staunchly defended l…
Dave Levinthal
2 mins read
Alibaba is so confident Beijing's tech crackdown has ended that it has just listed over 2,000 jobs for fresh graduates
Alibaba's massive recruitment drive comes at an opportune time for China's young graduates after yo…
Huileng Tan
2 mins read
Fidelity cuts Ant Group's valuation in half to $144 billion after regulatory crackdown in China
Ant Group had been valued at nearly $300 billion by Fidelity ahead of its anticipated IPO, which wa…
Matthew Fox
2 mins read
Alibaba jumps as cloud business reports first-ever quarterly profit
Alibaba reported a $3 million profit from its cloud business for the December quarter on record-bre…
Will Daniel
1 min read
TikTok owner ByteDance slashes thousands of jobs
TikTok's China-based owner ByteDance has laid off hundreds of workers across multiple departments, …
2 mins read
'Big Short' investor Michael Burry reveals new bets on Alibaba, MGM, and JD.com
Burry's Scion Asset Management swapped out all but two of the holdings in its US stock portfolio, a…
Theron Mohamed
2 mins read
China has reportedly asked Jack Ma's Alibaba to get rid of its media assets
According to a The Wall Street Journal report citing people familiar with the matter, Chinese of…
1 min read
Ant Group CEO Simon Hu has resigned from the Chinese fintech giant
Simon Hu, the CEO of Jack Ma's Ant Group, resigned for personal reasons, Bloomberg first reported.
Grace Dean
2 mins read
Ant Group's record-shattering IPO is highly unlikely to get done in 2021, a new report says
The delay in Ant Group's IPO has led some analysts to slash its valuation estimate in half, accordi…
Matthew Fox
2 mins read
Jack Ma plans to shrink his business, bow to pressure after being slapped down by the Chinese government
Jack Ma's Ant Group has submitted a restructuring plan to regulators after pressure from Beijing, T…
Sinéad Baker
1 min read
Alibaba stock jumps 10% as the Chinese tech giant begins its biggest reorganization ever and eyes new IPOs
The move to split the company into six independently run entities comes just a day after cofounder …
Phil Rosen
3 mins read
China has ordered Ant Group to overhaul its goliath financial business and 'return to its payment origins'
Jack Ma's Ant started as a payments processor for Alibaba before veering into other financial servi…