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Alibaba's stock dropped so much that Jack Ma reversed a plan to sell shares for his other investments

Jack Ma's family office was set to sell 10 million Alibaba shares this week to invest in agricultur…

Huileng Tan   


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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   


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Chinese stocks stage their biggest rally in years

Chinese stocks staged their biggest rally in years on Tuesday, after the country's sovereign wealth…

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Looks like Masayoshi Son's plan to go all in on AI is starting to pay off for SoftBank

SoftBank posted a quarterly profit of about $1.5 billion, driven by its big bet on the chip designe…

Hasan Chowdhury   


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Alibaba exiting India? Paytm among other Alibaba-owned stocks seeing selloff

Paytm's stocks on Thursday saw a sharp downside movement after a block deal that took place where 2…

ANI   


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Jewellery retail chain Joyalukkas withdraws ₹2,300 crore IPO

Kerala-based jewellery retail chain Joyalukkas India withdrew its ₹2,300 crore initial public offer…

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Chinese e-commerce giant Alibaba opens NFT auction site for artists and game developers

Several NFTs already have listings on the Alibaba Auction platform, but bidding will not begin unti…

Sophie Kiderlin   


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Alibaba jumps 5% after CNBC reports founder Jack Ma is lying low, not missing

Jack Ma's Ant Group and Alibaba have come under increasing regulatory pressure from Chinese authori…

Matthew Fox   


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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   


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4 mins read

Shilpa Shetty, Kunal Bahl, promoters to sell stake as Mamaearth parent goes in for an IPO

Digital-first beauty and personal care company Honasa Consumer, parent company of popular brands su…

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Alibaba slides 3% as founder Jack Ma's prolonged public absence raises eyebrows

The ramp up in regulatory pressure on Ma's businesses came weeks after he criticized China's financ…

Matthew Fox   


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Tencent joins Alibaba and Bytedance in making Singapore its new headquarters after India ban and tensions in the US

The Chinese app developer behemoth Tencent Holdings has had a rough month. But, it hopes to turn th…

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OpenAI competitors from China: Alibaba, Bytedance, Tencent, and others vie for a 'winner-take-all' AI market

China's largest companIes including Alibaba, Bytedance and Tencent have all built tools to compete …

Monica Melton   


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6 mins read

If Alibaba and Tencent are rolled into one, it may look a lot like Mukesh Ambani’s Reliance Jio ⁠— only much smaller for now

Now, some see Jio as the next Alibaba, and some see it as India’s Tencent. Or is it both rolled …

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Alibaba-backed LinkDoc drops plans for its US IPO after Beijing's crackdown on overseas listings, report says

LinkDoc, which filed for its IPO last month, was due to price its offering after the US market clos…

Shalini Nagarajan   


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Snapdeal IPO papers reveal the e-tailer’s offline aspirations for budget fashion

Indian ecommerce giant Snapdeal is now looking to set up offline distribution network, the company …

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Ant Group's IPO could be delayed more than 6 months amid regulatory pressure that may slash its valuation, report says

Lawyers involved in the listing of Ant's shares said the company would have to submit a new IPO pro…

Matthew Fox   


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Alibaba says it's launching its own ChatGPT rival as the AI craze sends some stocks soaring

Chinese e-commerce giant Alibaba is testing its own rival to ChatGPT, joining the tech race to tap …

Zinya Salfiti   


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China's Instagram-like Xiaohongshu joins the tech layoff bloodbath, cutting about 10% of employees

Xiaohongshu said it's laying off up to 10% of its workforce. The cuts add to the tens of thousands …

Weilun Soon   


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Early talks around merger of Paytm-Snapdeal, Alibaba plays key role

“Snapdeal and Paytm have held talks to merge and this deal is driven by Alibaba,” one person famili…