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.

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

Huawei Technologies Co Ltd said it aims to compete with Amazon.com 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.

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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.

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