Alibaba Group

Alibaba Group News

Alibaba plans to raise $20 billion through Hong Kong listing

The e-commerce giant is working with financial advisers on the offering and is aiming to file an application in Hong Kong as early as the second half of 2019.

Alibaba founder Jack Ma's latest advice to employees: 'Sex for six days, six times'

Jack Ma, China's richest man, was speaking at the company’s mass wedding which takes place every year on ‘Ali Day’ on May 10 at the company’s headquarters in Hangzhou.


Amazon to close domestic marketplace business in China: Sources Inc plans to close its domestic marketplace in China by mid-July, people familiar with the matter told Reuters, focusing efforts on more lucrative businesses selling overseas goods and cloud services in the world's most populous nation.

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