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The Latest Breaking News from Alibaba

Tencent's WeChat Suspends NFT Accounts To Appease Chinese Regulators

Tencent Holdings Ltd's (OTC:TCEHY) WeChat messaging app suspended some non-fungible token accounts to comply with China's regulatory bindings, CNBC reports. Tencent also rectified the public accounts on WeChat to prevent speculation risks in digital currency transactions. WeChat clarified that the official accounts verified by Tencent can display digital collectibles but cannot offer…

Why Alibaba And Tesla Rivals Xpeng, Li Auto Are Sliding In Hong Kong Today

Why Alibaba And Tesla Rivals Xpeng, Li Auto Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Thursday, dragging the benchmark Hang Seng Index into negative territory after three straight days of gains.

Vipshop Holdings vs. Alibaba: Which Chinese Internet Retail Stock is a Better Investment?

Vipshop Holdings vs. Alibaba: Which Chinese Internet Retail Stock is a Better Investment?

Today I'll analyze and compare Vipshop Holdings (VIPS) and Alibaba Group (BABA) to determine which Chinese e-commerce stock is currently a better investment.

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Tesla Rivals Nio, Xpeng Jump 6%, While Alibaba Ticks Down: What's Moving Hong Kong Markets Today?

Shares of U.S.-listed Chinese tech companies mostly traded higher in Hong Kong on Wednesday as the benchmark Hang Seng Index rose for a third straight day.

Alibaba Spearheads $60M Funding Round For Nio-Backed AR Startup Nreal

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) led a $60 million funding round for Nio Inc. (NYSE: NIO)-backed augmented reality glasses maker Nreal,

Chinese Watchdog Denies Regulatory Probe On Companies Related To Xiaomi

China's securities watchdog denied rumors of a regulatory probe on companies in Xiaomi Corp's (OTC:XIACY) industrial chain or restrictions on their listing plans, Reuters reports. The China Securities Regulatory Commission looked to continue to inspect initial public offering plans according to relevant rules and regulations. Also Read: Here's How Alibaba's Buyback Boost Could Win…

Meituan's Latest Move Rivals Against Likes Of Alibaba, JD

Meituan (OTC:MPNGY), famed as the "Amazon.com Inc (NASDAQ:AMZN) of services" in China, looked to expand its bouquet of services, tech node reports. The giant service app, whose services ranged from food delivery to travel booking, expanded to selling physical goods akin to Amazon. Meituan's latest move fired up rivalry against China's domestic retail…

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Tesla Rival Nio Gains Over 4%, Alibaba Up Nearly 2%: What's Driving Hong Kong Markets Higher Today?

Tesla Rival Nio Gains Over 4%, Alibaba Up Nearly 2%: What's Driving Hong Kong Markets Higher Today?

Shares of U.S.-listed Chinese tech companies rose in Hong Kong on Tuesday as the benchmark Hang Seng Index extended gains to a second straight session.

China Tech's Dwindling Fortunes Fuel More Alibaba Stake Selloff Speculations By SoftBank

China Tech's Dwindling Fortunes Fuel More Alibaba Stake Selloff Speculations By SoftBank

The dwindling fortunes of the Chinese tech shares have prompted concerns over Alibaba Group Holding Ltd (NYSE:BABA) stake selloff by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF), the Wall Street Journal reports. SoftBank's single most significant investment in the e-commerce giant was hit hard by the domestic crackdown. The Nasdaq Golden Dragon China Index of U.S.-listed Chinese stocks…

Benzinga Bulls And Bears Of The Week: Tesla, Apple, Meta, Disney And A Company Carl Icahn Calls An Example Of 'What's Wrong With Corporate America'

Benzinga Bulls And Bears Of The Week: Tesla, Apple, Meta, Disney And A Company Carl Icahn Calls An Example Of 'What's Wrong With Corporate America'

Benzinga has examined the prospects for many investor favorite stocks over the past week.

Russian Invasion of Ukraine Proves To Be Another Headache For Alibaba: WSJ

Russian Invasion of Ukraine Proves To Be Another Headache For Alibaba: WSJ

The Western sanctions on Russia became a bone of contention for Alibaba Group Holding Ltd (NYSE: BABA), as Russia proved to be a bright spot for its AliExpress,

Why Alibaba And Tesla Rivals Nio, Xpeng Are Sliding In Hong Kong Today

Why Alibaba And Tesla Rivals Nio, Xpeng Are Sliding In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably lower in Hong Kong on Friday amid lingering worries about U.S.-delisting fears of dual-listed Chinese companies.

Hello Shares Dive Post Dismal Q1 Guidance Amid China's Domestic Tech Crackdown

Hello Shares Dive Post Dismal Q1 Guidance Amid China's Domestic Tech Crackdown

Hello Group Inc (NASDAQ:MOMO) reported a fourth-quarter FY21 net revenue decline of 3.2% year-on-year to $576.6 million, beating the consensus of $567.96 million. Drivers: Monthly Active Users (MAU) on the Momo application were 114.1 million in December 2021 versus 113.8 million in December 2020. Total paying users of its live video service and value-added…

Tesla Rivals Xpeng, Li Auto Gain While Alibaba Slips: Why Hong Kong Markets Are Trading Mixed Today

Tesla Rivals Xpeng, Li Auto Gain While Alibaba Slips: Why Hong Kong Markets Are Trading Mixed Today

Shares of U.S.-listed Chinese tech companies traded mixed in Hong Kong on Thursday after tech conglomerate Tencent Holdings Limited (OTC: TCHEY) reported weak earnings results for the fourth quarter.

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Here's Why Alibaba And Bilibili Are Moving

Shares of Chinese companies, including Alibaba Group Holding Ltd - ADR (NYSE: BABA) and Bilibili Inc - ADR (NASDAQ: BILI) are trading higher.

Here's Why Alibaba, Tencent Look To Tighten NFT Norms

Citizens have to register with their real name to purchase NFTs and can only via Chinese Yuan. Chinese internet giants Tencent Holdings Ltd (OTC:TCEHY) and Alibaba Group Holding Ltd (NYSE:BABA) tightened specific rules on their respective NFT marketplaces to avoid further regulatory repercussions, CoinGape reports. Alibaba’s platform Jingtan looked to report users using bots or…

Alibaba vs. NetEase: Which Chinese Stock is a Better Buy?

The Chinese government’s crackdown on technology companies severely hampered their growth prospects over the past year. However, with the government’s latest reassurance that it will support the technology industry, popular stocks Alibaba Group (BABA) and NetEase (NTES) should again attract significant investor attention. But which of these two stocks is…

Why Alibaba, Tesla Rivals Nio, Xpeng Are Spiking Again In Hong Kong Today

Shares of U.S.-listed Chinese tech companies traded notably higher in Hong Kong on Wednesday following upbeat quarterly earnings results from companies such as smartphone maker Xiaomi Corp. and biotechnology company WuXi Biologics.

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Here's How Alibaba's Buyback Boost Could Win Back Investors In China's Internet Sector

Alibaba Group Holding Ltd (NYSE: BABA) share buyback boost&

Here's Why Alibaba's Stock Didn't Get a Boost Despite Big Share Buyback: Bloomberg

Alibaba Group Holding Ltd (NYSE:BABA) shares traded 60% below the 2021 peak despite a $9 billion share buyback boost, Bloomberg reports. The boost marked the third increase since China's domestic tech crackdown started in late 2020. After the buyback announcement, Alibaba's shares jumped up to 9.8% to HK$108.80 in Hong Kong, trailing the February…

Why Alibaba Shares Are Rising Today

Alibaba Group Holding Limited (NYSE: BABA) shares are trading higher after the company raised its buyback program. The company's board authorized to upsize its share repurchase program from $15 billion to $25 billion.

Alibaba Gains Nearly 5%, Tesla Rivals Nio, Xpeng Firm In Hong Kong Today — What's Keeping Sentiment Up?

Shares of U.S.-listed Chinese tech companies — led by Alibaba Group Holding Limited (NYSE: BABA) — traded mostly higher in Hong Kong on Tuesday, after the e-commerce giant said it had

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

Alibaba Ups Share Buyback Target To $25B: What You Need To Know

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) has raised its share buyback program to $25 billion from $15 billion.

Alibaba Maintains Stronghold Over Chinese Cloud Market: What's Behind The Outperformance

Alibaba Group Holding, Inc.'s (NYSE: BABA) flagship e-commerce business is going through a lean patch, a function of domestic softness and intensifying competition.

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