You Searched For "alibaba market value" and got 18 results
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2 mins read
'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China
Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hed…
Theron Mohamed
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 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
1 min read
'Big Short' investor Michael Burry exits Amazon and Alphabet — but boosts Alibaba and bets on Baidu
Michael Burry, known for his huge bet against the mid-2000s housing bubble, sold US tech stocks and…
Theron Mohamed
2 mins read
Tencent and Alibaba Group have lost more than $100 billion in July as China cracked down on internet giants
The storm of regulatory changes — from new protection for workers to enforcement of minimum salari…
2 mins read
Rumors of Alibaba's Jack Ma getting arrested briefly wiped $26 billion from the e-commerce giant's market value
A state-media report said a person surnamed Ma was being probed in Hangzhou, where Alibaba is based…
Weilun Soon
1 min read
Charlie Munger's Daily Journal reveals an Alibaba stake worth $37 million
Warren Buffett's right-hand man is the newspaper publisher's chairman. The Chinese e-commerce group…
Theron Mohamed
1 min read
Charlie Munger's Daily Journal scored a $132 million gain on stocks in 9 months - and its portfolio has quadrupled in value
Warren Buffett's right-hand man and Berkshire Hathaway's vice-chairman has made a fortune for the p…
Theron Mohamed
2 mins read
Tech stocks look cheap and could explode in coming decades with their true value still in the early stages of being unlocked, an investment chief says
Parameswaran is also bullish on smaller tech companies directly competing with the likes of Amazon.…
Ethan Wu
2 mins read
Chinese stocks continue to melt down as spike in COVID-19 cases spurs new lockdowns and threatens global supply chain
Lockdowns spurred by a surge in COVID-19 cases shut down factories operated by Foxconn that are use…
Matthew Fox
2 mins read
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
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
1 min read
Didi soars 28% in largest IPO debut for a Chinese firm since Alibaba, valuing ride-hailing firm at $86 billion
Didi is the second largest ride-hailing company by market value, behind Uber but ahead of Lyft, bas…
Matthew Fox
1 min read
Alibaba rises as much as 11% after the Chinese e-commerce giant lifts its share buyback program to $25 billion
This is the Chinese e-commerce company's largest ever share buyback plan and will be valid for two …
Hamza Fareed Malik
7 mins read
Billionaire investor Charlie Munger blasts traders, slams crypto, and rings the inflation alarm at Daily Journal's annual meeting
Warren Buffett's business partner discussed rampant market speculation, investing in China, and sev…
Theron Mohamed
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
4 mins read
Democratic Rep. Kurt Schrader of Oregon is the latest member of Congress to violate a federal conflicts-of-interest law
Debate is raging on Capitol Hill over whether to ban lawmakers from trading stocks. Insider's "Conf…
Dave Levinthal
2 mins read
Charlie Munger's Daily Journal scored a 15x return on a stock — and used margin debt to invest $87 million last quarter
Warren Buffett's business partner likely sold $50 million of BYD shares, and borrowed $37 million, …