The Latest Breaking News from Alibaba

Benzinga's Daily Brief On Trending Tickers For March 15, 2022: VIX Short-Term Futures, GameStop, Alibaba And More

Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web by using the Benzinga Pro platform to highlight recent news items possibly impacting those stocks. The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

Benzinga · Mar 15, 2022

Alibaba Affiliate Ant Financial Divests Entire Stake In 36KR Holdings

Jack Ma's Ant Group Co divested its entire stake in the tech news firm 36KR Holdings Inc (NASDAQ:KRKR), Bloomberg reports. The Alibaba Group Holding Ltd (NYSE:BABA) affiliate looked to comply with Chinese regulators by the move. Ant held an 18% stake in 36KR as of early 2021. Also Read: DiDi Had To Postpone Its IPO After Jack…

Benzinga · Mar 15, 2022

With Alibaba Looming, JD.com’s Courier Arm Moves to Take Over Peer

JD Logistics plans to invest $1.4 billion to boost its stake in Deppon to 99.99%, as its parent looks to buttresses itself against a potential move by its e-commerce rival

Caixin Global · Mar 15, 2022

Why Alibaba, Nio And Other Chinese Stocks Are Falling Today

Shares of several Chinese stocks including Alibaba Group Holding Ltd (NYSE: BABA), NIO Inc (NYSE: NIO) and Baidu Inc (NASDAQ:

Benzinga · Mar 14, 2022

After Alibaba, Tencent Could Attract Regulatory Penalty

The People’s Bank of China discovered Tencent Holdings Ltd (OTC:TCEHY) is guilty of violating some central bank regulations by its WeChat Pay mobile network, the Wall Street Journal reports. Regulators could subject Tencent to a penalty worth at least hundreds of millions of yuan. The central bank’s routine inspection of 2021 found WeChat…

Benzinga · Mar 14, 2022

Alibaba Looks To Trim Work Force By Up To 20%

Alibaba Group Holding Ltd (NYSE: BABA) and Tencent Holdings Ltd (OTC: TCEHY) are looking to mass layoffs, 

Benzinga · Mar 14, 2022

Why Alibaba, Nio And Baidu Shares Are Falling

Shares of multiple Chinese companies, including Alibaba Group Holding Ltd - ADR (NYSE: BABA), Nio Inc - ADR Class A (NYSE: NIO) and Baidu Inc (NASDAQ:

Benzinga · Mar 11, 2022

DiDi Had To Postpone Its IPO After Jack Ma's Ant: Bloomberg

DiDi Global Inc (NYSE:DIDI) had to pull the brakes on its Hong Kong listing as it failed to satisfy China's concerns over sensitive data leak, Bloomberg reports. Uber Technologies Inc's (NYSE:UBER) Chinese counterpart remained vulnerable to the possible derailing of its listing plans and regulatory penalties.  The ride-hailing company's main apps were removed from local…

Benzinga · Mar 11, 2022

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

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory, on fears of increased scrutiny by American regulators and the escalating Russia-Ukraine war.  

Benzinga · Mar 11, 2022

Alibaba Slides, But Holds This Bullish Pattern: How To Trade It

Alibaba Group Holdings Ltd - ADR (NYSE: BABA) was trading more than 7% lower on Thursday, compared to the S&P 500 which was trading less than 1% lower.

Benzinga · Mar 10, 2022