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Tag: alibaba

Alibaba shares slide as outgoing CEO quits cloud unit ahead of IPO
Technology

Alibaba shares slide as outgoing CEO quits cloud unit ahead of IPO

September 12, 2023September 12, 2023

Alibaba shares fell over 4% in Hong Kong Monday after the group’s former CEO, Daniel Zhang, left its cloud computing division, a shock transfer that

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Alibaba shares slide 4% as outgoing CEO quits cloud unit
Technology

Alibaba shares slide 4% as outgoing CEO quits cloud unit

September 11, 2023September 11, 2023

Alibaba shares fell over 4% in Hong Kong Monday after the group’s former CEO, Daniel Zhang, left its cloud computing division, a shock transfer that

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Alibaba appoints new CEO, chairperson in major reshuffle
Technology

Alibaba appoints new CEO, chairperson in major reshuffle

June 20, 2023June 20, 2023

In a significant administration reshuffle, China’s Alibaba Group on Tuesday introduced it might substitute its prime bosses, in a transfer aimed toward spurring the e-commerce

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Jack Ma undertakes role of visiting professor in Japan
Technology

Jack Ma undertakes role of visiting professor in Japan

May 1, 2023May 1, 2023

Chinese billionaire Jack Ma turned up in Japan Monday the place he took up a visiting professor place at a college, one other new educational

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SoftBank to sell almost all its Alibaba stake: Report
Technology

SoftBank to sell almost all its Alibaba stake: Report

April 13, 2023April 13, 2023

Japanese tech funding titan SoftBank has determined to promote practically all of its stake in Alibaba to restrict publicity to China, the Financial Times reported

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Alibaba empire to break into 6 units, explore potential IPOs
Technology

Alibaba empire to break into 6 units, explore potential IPOs

March 28, 2023March 28, 2023

Alibaba on Tuesday introduced it plans to separate into six business teams and discover fundraisings or listings for many of them, in one of many

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Jack Ma returns to China as govt allays private sector fears
Technology

Jack Ma returns to China as govt allays private sector fears

March 27, 2023March 27, 2023

Alibaba founder Jack Ma has returned to China, ending a keep abroad of greater than a 12 months that the business considered as reflecting the

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Chinese regulators greenlight capital expansion for Ant Group
Business

Chinese regulators greenlight capital expansion for Ant Group

January 4, 2023January 4, 2023

Chinese regulators have stated e-commerce large Alibaba’s finance affiliate Ant Group can elevate $1.5 billion for its client finance unit in an vital step ahead

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Chinese regulators greenlight capital expansion for Ant Group
Business

Chinese regulators green lights capital expansion for Ant Group

January 4, 2023January 4, 2023

Chinese regulators have stated e-commerce big Alibaba’s finance affiliate Ant Group can elevate $1.5 billion for its client finance unit in an vital step ahead

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