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The Latest Breaking News from Alibaba Group

Alibaba Considers Yielding Control of Some Businesses in Overhaul

Alibaba Group said on Thursday it will look to monetize non-core assets and consider giving up control of some businesses, as the Chinese tech conglomerate reinvents itself after a regulatory crackdown that wiped 70% off its shares. Group CEO Daniel Zhang said the company's breakup into separate businesses will allow…

Asharq Al-Awsat

Stocks Climb Before the Open as Banking Worries Subside, Alibaba Boosts Sentiment

June S&P 500 futures (ESM23) are up +0.91%, and June Nasdaq 100 E-Mini futures (NQM23) are up +0.93% this morning after three major U.S. benchmark indices finished the regular session lower, while U.S. Treasury yields climbed as market participants mulled the likely Fed’s interest rate trajectory amid easing bank jitters.

Barchart

Beijing seen shifting stance over control over major IT companies

BEIJING -- The Chinese Communist Party and the government is increasingly believed to be loosening its tight controls on the country's major IT firms, such as Alibaba Group Holding Ltd.

The Japan News/Yomiuri

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Alibaba's free trade hub in Thailand begins trial operation

A free-trade-zone project in Thailand, launched in 2018 by Alibaba Group Holding while company founder Jack Ma was still CEO, has finally started trial operation.

Bangkok Post

Alibaba mum on Singles Day sales

SHANGHAI: Alibaba Group has declined to reveal the final sales tally of its annual Singles Day shopping festival for the first time since it started the event in 2009, saying only that results were in line with last year.

Bangkok Post

Scottish businesses are 'missing out on export opportunities'

New research from a Chinese e-commerce giant suggests that the biggest barrier is paperwork and customs rules

Insider UK

Alibaba Group Holding Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bearish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 53 strange trades.

Benzinga

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Alibaba Group Holding Whale Trades Spotted

A whale with a lot of money to spend has taken a noticeably bullish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 46 strange trades.

Benzinga

Com7 joins forces with Alibaba Cloud

SET-listed IT retail chain Com7 is diversifying its business by adding cloud solutions for enterprises through a partnership with Alibaba Cloud, the cloud computing service arm of Chinese e-commerce giant Alibaba Group.

Bangkok Post

BOI attends the grand opening of Alibaba's first data centre in Thailand

Mr. Narucha Ruchuphan, Senior Executive Investment Advisor, Thailand Board of Investment (BOI), attended an event to mark the grand opening of Alibaba's first data centre in Thailand held at Shangri-La Hotel Bangkok on 30 June 2022. Alibaba was represented by Mr. Selina Yuan, Vice President, Alibaba Group, and President, Alibaba…

Bangkok Post

Why Alibaba, Nio, Most Chinese Peers Are Shooting Up In Hong Kong Today

Shares of major U.S.-listed Chinese companies traded mostly higher in Hong Kong on Thursday, with tech giants like Alibaba Group Holdings (NYSE: BABA), Tencent Holdings (OTC: TCEHY), and Baidu Inc (NASDAQ:

Benzinga

China Sentences Man Linked To Alibaba Employee Sexual Assault Case

A China court sentenced a man to 18 months in prison for being involved in Alibaba Group Holding Limited (NYSE:BABA) female employee sexual assault case, the Global Times reports. The court held Zhang Guo guilty of forcible indecency against a female employee surnamed Zhou of Alibaba Group during a business dinner in July…

Benzinga

Alibaba Cracks After Jack Ma's Ant Group Denies IPO Plans

The shares of Alibaba Group Holdings (NYSE: BABA) cracked after its financial affiliate Ant Group refuted media reports claiming that Beijin

Benzinga

Alibaba's Fraught Relations With India See Accountant Get In A Pickle

India’s apex court has directed government authorities not to threaten or take action against a chartered accountant, who allegedly assisted Alibaba Group Holdings (NYSE: BABA) Indian cloud unit in business incorporation.

Benzinga

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Bangkok Post

Alibaba's first Thailand data centre goes live

Alibaba Cloud, the cloud computing service arm of Chinese e-commerce giant Alibaba Group, has launched its first data centre in Thailand to capitalise on the country's cloud market and support the nation's 20-year strategic plan.

StockNews.com

Better Buy: Alibaba vs. JD.com

In this article I will analyze and compare Alibaba Group Holding (BABA) and JD.com (JD) to determine which Chinese e-commerce stock is currently a better buy.

Bangkok Post

Alibaba looks to expand SE Asian arm Lazada to Europe: sources

SINGAPORE/SHANGHAI: Alibaba Group plans to expand its Southeast Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the Chinese e-commerce company seeks further overseas growth amid slowing opportunities at home.

Benzinga

Alibaba, Other Tech Peers Snap Losing Streak In Hong Kong: What's Driving Them Today?

Shares of U.S.-listed Chinese tech giants Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), JD.Com (NASDAQ:

Get all your
news in one place.

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One news app.

Benzinga

Why Alibaba, Tech Peers Are Deep In The Red In Hong Kong Trading Today

Shares of U.S.-listed Chinese tech firms Alibaba Group Holding Ltd (NYSE: BABA), Tencent Holdings (OTC: TCEHY), and Baidu Inc (NASDAQ: BID

The Independent UK

Alibaba raises buyback to $25B to boost slumping stock

Alibaba Group, the world’s biggest e-commerce company, is increasing a share buyback to $25 billion from $15 billion to prop up a stock price that has fallen by more than half since the ruling Communist Party tightened control over tech industries with regulatory crackdowns

Benzinga

What's Going On With Alibaba Shares Today?

Alibaba Group Holding Ltd - ADR (NYSE: BABA) shares are trading lower by 3.87% at $105.53 Thursday morning after the company reported third-quarter earnings.

Benzinga

Alibaba (BABA) Shares Under Pressure Again As Concerns Continue To Mount

Shares of Alibaba Group (NYSE: BABA) are trading lower in pre-open Tuesday in the United States on several reports that are being interpreted as headwinds for the e-commerce giant. Alibaba's share price closed 3.05% in the red in Hong Kong on the concerns discussed below.

Asharq Al-Awsat

China's Cyber Watchdog Spells Out Development Strategies for Tech Giants

China's cyberspace watchdog said a symposium it held with Chinese tech giants last month had given the industry a "clearer understanding" and more confidence in how to pursue development and opportunities as they adjust to a new regulatory landscape. The Cyberspace Administration of China said its official publication had carried…

Benzinga

Looking At Alibaba Group Holding's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bullish stance on Alibaba Group Holding. Looking at options history for Alibaba Group Holding (NYSE:BABA) we detected 10 strange trades.

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