International News Alibaba plans to acquire Cainiao’s remaining 36% stake for $3.7b Nada Ali Mar 26, 2024 0 Alibaba Group announced on Tuesday that it plans to acquire the remaining 36 per cent stake in Cainiao for up to…
Feature Alibaba’s Daraz group announces layoffs Nada Ali Feb 27, 2024 0 Daraz Group, an Alibaba-owned e-commerce platform, has announced layoffs across the group in an effort to establish…
Feature China removes Israel from online maps Sama Mousa Nov 1, 2023 0 China expressed solidarity with Palestinians in Gaza by removing the state of Israel from its online maps on…
Tech news Alibaba plans to spin off Cainiao Logistics Unit for Hong Kong IPO Nada Ali Sep 26, 2023 0 Alibaba Group said on Tuesday it is planning to spin off Cainiao Smart Logistics Network Ltd., the logistics arm of…
Tech news Didi prepares expansion in China following investigations Yassmine Elbehnaihy Mar 16, 2023 0 Chinese ride hailing company, Didi, is set to expand its services and have more subsidies to passengers and…
Money Alibaba undertakes $1 billion to cloud computing customers to reignite growth Esraa Ibrahim Sep 25, 2022 0 Alibaba announced on Thursday that it will invest $1 billion over the next three fiscal years to help its cloud…
Industry & Trade Apple to launch first store in Saudi Arabia – minister Nada Ali Aug 8, 2022 0 U.S. Technology company Apple will open soon a centre in the logistics area at King Khalid Airport in Riyadh for…
Tech/AI Jack Ma to donate millions of masks and test kits to the World Health Organisation Amwal Al Ghad English Apr 22, 2020 0 Alibaba’s founder Jack Ma announced on Tuesday that he is donating millions of masks and test kits to the World…
Stocks Alibaba shares climb in Hong Kong debut, so far became world’s largest listing in 2019 Amwal Al Ghad English Nov 26, 2019 0 Shares of Chinese e-commerce giant Alibaba on Tuesday saw a very strong debut in Hong Kong, after pricing its…
Tech/AI Alibaba to raise up to $12.9bn in landmark Hong Kong listing Amwal Al Ghad English Nov 20, 2019 0 Chinese e-commerce giant Alibaba Group (BABA.N) will raise up to $12.9 billion from its landmark Hong Kong listing…