Alibaba Group

Alibaba Group News

With $39 billion wealth, Alibaba founder Jack Ma reclaims top spot among Chinese billionaires

Jack Ma, who last month made a surprise announcement of his retirement as the executive chairman of the $420 billion e-commerce giant Alibaba, has pipped Chinese property mogul Xu Jiayin.

Mukesh Ambani topples Alibaba Group founder Jack Ma as Asia's richest person

Mukesh Ambani was estimated to be worth $44.3 billion on Friday with Reliance Industries Ltd. rising 1.6 per cent to a record 1,099.8 rupees, according to Bloomberg Billionaires Index.


China's Huawei targets Amazon, Alibaba in public cloud service push

Huawei Technologies Co Ltd said it aims to compete with Inc and Alibaba Group Holding Ltd as a global provider of public cloud services.

Reliance Jio most searched keyword by mobile users in 2016: Study

Reliance Jio, which launched its much awaited 4G services last year, was the most searched keyword by mobile users.

Alibaba Group announces first Internet enabled car - OS'car

Alibaba Group announced the launch of OS’Car, the first YunOS enabled internet car, in collaboration with SAIC Motor Corp.

Softbank's annual profit drops 27% on Sprint woes

SoftBank owns a stake in Chinese e-commerce company Alibaba Group Holding as well as Yahoo Japan.


UC mobile browser is now the world's second most popular browser

UC Browser’s USP is its signature cloud-enabled browsing technology that can compress data by up to 60 per cent

Alibaba in talks to buy $550 million stake in One97 Communications

Investment by Alibaba, the world’s largest e-commerce company, is expected to be announced by the end of this month.

Yahoo plans to invest part of Alibaba proceeds in Snapchat

The round values Snapchat at about $10 billion and it was not clear how much Yahoo plans to invest in the hugely popular application.

Alibaba seeks to raise more than $21 billion in record IPO

Alibaba expects to price its initial public offering between $60 and $66 per American Depository Share.