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.
December 09, 2019 1:02 pm
Google, Alibaba and other "Big Tech" companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.
November 23, 2019 11:34 am
It would make Alibaba the most popular listing of the year by the number of subscribers, Hong Kong Economic Times said.
November 20, 2019 12:11 pm
With a Hong Kong listing in sight, Alibaba will challenge Tencent Holdings Ltd. for the title of the largest listed corporation in the city.
November 16, 2019 9:48 am
Why is Alibaba listing in Hong Kong? Why not list in Shanghai or Shenzhen? Why is it a big deal for Hong Kong?
November 15, 2019 7:45 am
Hangzhou-based Alibaba is hoping to raise up to $13.4 billion in its Hong Kong listing and the shares are due to start trading on Nov. 26. The retail price of the shares will be capped at HK$188 each.
November 11, 2019 2:57 pm
China's annual online shopping blitz is expected to break sales records despite the country's slowing economy. Organizer Alibaba says sales in the first hour were up 32% on last year's early haul.
November 09, 2019 8:53 am
Alibaba in August postponed plans to reap $10 billion to $15 billion by selling shares in Hong Kong after worsening clashes between demonstrators and the police shook a territory long prized for its stability and rule of law.
September 11, 2019 12:45 pm
Alibaba also owns China’s biggest cloud-computing business and one of its biggest meal-delivery services and logistics networks. Overall, the company is still growing at a healthy pace.
September 11, 2019 12:18 pm
Toward the end of the ceremony, Jack Ma, co-founder Lucy Peng, and CEO of Alibaba's technology committee Wang Jian donned rock star-style leather jackets and wigs to perform Chinese pop songs.
PHOTOSAbhishek, Bhumi, Vicky and others feature in Dabboo Ratnani's 2020 calendar