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The Latest Breaking News from Alibaba

Analyst Slash Earnings Estimates For Alibaba, Baidu, Others Again Amid Surging Covid Environment

Analysts slashed the earnings estimates for the Chinese technology giants for a second straight month amid the nation’s persistent goal of its Covid-Zero strategy, Bloomberg reports. Analysts trimmed Alibaba Group Holding Limited (NYSE:BABA) estimates by 4.2% and Baidu, Inc (NASDAQ:BIDU) by 8.1%. U.S.-listed shares of Baidu have lost 10% in April, while those of Alibaba…

Android Could Soon Run On RISC-V Chips Courtesy Alibaba

Android Could Soon Run On RISC-V Chips Courtesy Alibaba

Android could soon run on RISC-V chips following Alibaba Group Holding Limited's (NYSE:BABA) Alibaba Cloud's progress in porting the operating system to the emerging instruction-set architecture, the Tech Radar reports. In 2021, Alibaba successfully ported essential functions, including Chrome browsing in Android 10, to a RISC-V chip made by its subsidiary T-Head Semiconductor.…

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

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.

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Alibaba Gains Alongside Most Other Tech Peers: What's Weighing On Hong Kong Stocks Today

Shares of U.S.-listed Chinese tech giants mostly traded higher in Hong Kong on Thursday as the benchmark index Hang Seng rose amid positive global cues.

Alibaba Slips, JD Bucks Tech Slide: What's Dragging Hong Kong Stocks Today

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

E-House Comes Unhinged in China's Real Estate Crash, Joining List of Victims

Key takeaways: • E-House defaulted on $298 million worth of bonds that matured April 18, though it said this week that bondholders had agreed on a restructuring plan

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:

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How To Trade This Pattern On Alibaba Stock

How To Trade This Pattern On Alibaba Stock

Alibaba Group Holdings, Inc (NYSE: BABA) gapped down over 4% to start Monday’s trading session but bounced up to close the gap intraday and was trading mostly flat by early afternoon.

Alibaba Continues Restructuring; CEO Daniel Zhang Steps Down From Tmall, Taobao

Alibaba Continues Restructuring; CEO Daniel Zhang Steps Down From Tmall, Taobao

Alibaba Group Holding Ltd (NYSE:BABA) Chair and CEO Daniel Zhang stepped down as Chairman and General Manager of Zhejiang Tmall Technology Co., Ltd. and Taobao (China) Software Co., Ltd, the Pandaily reports. Trudy Dai will succeed Zhang. There are currently 16 companies under Zhang’s name, six of which he holds the position…

Alibaba, Other Tech Peers Slide For Fourth Session: What's Up With Hong Kong Tech Stocks Today?

Alibaba, Other Tech Peers Slide For Fourth Session: What's Up With Hong Kong Tech Stocks Today?

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

Why Alibaba Shares Are Sinking Thursday

Why Alibaba Shares Are Sinking Thursday

Shares of several Chinese stocks, including Alibaba Group Holding Ltd - ADR (NYSE: BABA), are trading lower as traders continue to digest the economic consequences of China’s zero Covid policy.

Alibaba Disruptive Tech Unit Axes 30% Staff; Alibaba Focuses On Carbon Neutrality

Alibaba Disruptive Tech Unit Axes 30% Staff; Alibaba Focuses On Carbon Neutrality

Alibaba Group Holding Ltd's (NYSE: BABA) DAMO Academy has gone ahead with a plan to cut a third of its workforce, the Pandaily reports.

Why Alibaba, Other Tech Peers Are Sliding For A Third Straight Day In Hong Kong

Why Alibaba, Other Tech Peers Are Sliding For A Third Straight Day In Hong Kong

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

Alibaba Cloud, VMware Collaborated For Faster, Seamless Enterprise Cloud Migration At Scale

Alibaba Cloud, VMware Collaborated For Faster, Seamless Enterprise Cloud Migration At Scale

Alibaba Group Holding Ltd's (NYSE:BABA) Alibaba Cloud and VMware Inc (NYSE:VMW) announced a jointly-developed public cloud service. The service would aid China's enterprises to support digital innovation with lower costs and risks. Alibaba Cloud VMware Service enables China's enterprises to migrate and modernize applications faster and seamlessly move workloads between on-premises VMware environments and Alibaba…

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Why Alibaba Shares Are Falling

Shares of Chinese companies, including Alibaba Group Holding Ltd - ADR (NYSE: BABA), are trading lower, possibly on continued weakness amid COVID-19 concerns in China, which have led to lockdown measures and caused economic uncertainty.

Alibaba, JD Stocks Suffer Heightened US Exodus Over Regulatory Clash

Chinese e-commerce giants have seen more of their shares shift to the Hong Kong market as Beijing failed to impress U.S. regulators, Bloomberg reports. Bloomberg saw ~77% of JD.com Inc's (NASDAQ:JD) shares circulating in Hong Kong's clearing and settling system as of April 19, versus 44% at the 2022 beginning. The shift highlighted…

JPMorgan's Chinese Tech Sector Downgrade Proved Costly for Them - Read How

JPMorgan Chase & Co (NYSE:JPM) lost its position as the most senior underwriter for Kingsoft Cloud Holdings Ltd's (NASDAQ:KC) Hong Kong stock offering, Bloomberg reports. The size of the offering in Hong Kong is relatively small, amounting to ~$100 million. The change came after one of JPMorgan's analysts cut the share-price target for the…

Jack Ma's Alibaba Fintech To Grab Majority Ownership Of This Payments Platform

Jack Ma founded Alibaba Group Holding Ltd (NYSE:BABA) fintech affiliate, Ant Group, is set to become the majority investor in Singapore-based payments platform 2C2P as part of a partnership, Reuters reports. The deal will integrate Ant's Alipay+ payment service with 2C2P's platform used by merchants in Asia, Europe, the Middle East, and the Americas.…

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Why Alibaba, Bilibili, JD Are Trading Lower Today

Chinese tech stocks are extending losses on Tuesday in the pre-market session, seeing further erosion of their already-weakened valuations.

Here's Why Alibaba Shares Are Falling

Shares of several Chinese companies, including Alibaba Group Holding Ltd - ADR (NYSE: BABA), are trading lower as investors digest recent economic data. Investors also continue to assess the economic impact of a surge in COVID cases in China.

Why Alibaba And Other Stocks Are Not Trading In Hong Kong Today

Shares of US-listed Chinese companies – Alibaba Group Holdings Ltd. (NYSE: BABA), JD.Com Inc. (NASDAQ: JD), Nio Inc.

Alibaba Tech VP Mocks China's Covid Policies; Clarifies Not Resigning

Alibaba Group Holding Ltd's (NYSE:BABA) VP of technology, Jia Yangqing, clarified that he did not resign from the company and had traveled from Shanghai to the U.S. to see a doctor, Global Times reports. Jia traveled from Shanghai to California, the U.S., in the middle of the night because of the situation…

Why Alibaba Shares Are Falling

Shares of Chinese companies, including Alibaba Group Holding Ltd - ADR (NYSE: BABA), are trading lower as investors assess the economic impact of a surge in COVID cases in China.

Why Alibaba Is Sliding, While Other Tech Stocks Are Rising In Hong Kong Today

Shares of U.S.-listed Chinese tech firms JD.Com Inc. (NASDAQ: JD), Tencent Holdings (OTC: TCEHY), and Baidu Inc. (NASDAQ:

With Founder Fading Out, JD.com Moves to Collective Leadership

Key takeaways: JD.com’s founder Richard Liu is stepping down from his CEO role but will remain as the company’s chairman focused on long-term strategy Some analysts believe China internet companies face greater risk from regulation at home and abroad than from changes in their top ranks By Ken Lo

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