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Tuesday, January 26, 2021

Alibaba

ALIBABA NEWS

Explained: Who is Jack Ma, the Chinese billionaire and founder of Alibaba?

January 06, 2021 8:05 am

Alibaba Group Founder Jack Ma was absent from a TV show which he created that fuelled speculations about his whereabouts.

Alibaba shares in Hong Kong tumble on China probe

December 24, 2020 11:44 am

The stock traded as low as HK$229.4. The Hang Seng Index was down 0.2%.

China launches antitrust probe into tech giant Alibaba

December 24, 2020 9:29 am

The probe is part of an accelerating crackdown on monopolistic behaviour in China's booming internet space.

Gucci joins Alibaba's luxury e-commerce site to woo Chinese consumers

December 18, 2020 11:37 am

Gucci's first flagship store, selling fashion and leather goods collections, will open on Dec. 21, the two companies said in a joint statement on Friday.

Alibaba, dating apps among 43 more with China links banned by Govt

November 25, 2020 3:08 am

"This action was taken based on the inputs regarding these apps for engaging in activities which are prejudicial to sovereignty and integrity of India, defence of India, security of state and public order," the statement read.

Alibaba chairman says China's antitrust rules 'necessary'

November 23, 2020 7:35 pm

Beijing’s announcement of proposed guidelines to enforce anti-competition law against internet companies is “timely and necessary,” Daniel Zhang said in a speech at the government-organized World Internet Conference in Wuzhen

Jack Ma’s Ant set to raise almost USD 35 billion in biggest-ever IPO

October 26, 2020 7:34 pm

Alibaba Group Holding Ltd., which was co-founded by Ma and currently owns about a third of Ant, has agreed to subscribe for 730 million of the Shanghai shares, which will be listed in Shanghai under the ticker “688688,” according to the prospectus.

Alibaba's Ant Group files for blockbuster dual listing in Hong Kong, Shanghai

August 25, 2020 3:13 pm

Ant's initial public offering would be the first simultaneous listing in Hong Kong and the year-old STAR Market, and help both bourses boost their status as capital market centres.

Reliance seen emerging as bigger threat for US firms like Amazon, Walmart

July 16, 2020 3:48 pm

Amazon and Walmart have had regulatory troubles and face far tighter government oversight in India, where the prime minister has been promoting self reliance.

Alibaba warns virus having broad impact on Chinese economy

February 14, 2020 9:16 am

The Chinese e-commerce giant made the comments after reporting strong financial results for the quarter that ended in December. Revenue surged a better-than-expected 38% to 161.5 billion yuan ($23.1 billion), while net income rose 58% to 52.3 billion yuan.