Fitch affirms Alibaba’s credit rating at ‘A+’
Fitch Ratings assigned an ‘A+’ rating to Alibaba Group Holding Limited’s proposed US dollar and offshore Chinese…
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Alibaba
Alibaba joins China’s Stock Connect Scheme
China's Shanghai and Shenzhen stock exchanges will include e-commerce giant Alibaba Group in their Stock Connect…
EU plans to impose duties on cheap Chinese goods
The European Union (EU) is preparing to introduce customs duties on low-cost goods purchased from Chinese online…
Alibaba plans to acquire Cainiao’s remaining 36% stake for $3.7b
Alibaba Group announced on Tuesday that it plans to acquire the remaining 36 per cent stake in Cainiao for up to…
Alibaba’s Daraz group announces layoffs
Daraz Group, an Alibaba-owned e-commerce platform, has announced layoffs across the group in an effort to establish…
China removes Israel from online maps
China expressed solidarity with Palestinians in Gaza by removing the state of Israel from its online maps on…
Alibaba plans to spin off Cainiao Logistics Unit for Hong Kong IPO
Alibaba Group said on Tuesday it is planning to spin off Cainiao Smart Logistics Network Ltd., the logistics arm of…
Didi prepares expansion in China following investigations
Chinese ride hailing company, Didi, is set to expand its services and have more subsidies to passengers and…
Alibaba undertakes $1 billion to cloud computing customers to reignite growth
Alibaba announced on Thursday that it will invest $1 billion over the next three fiscal years to help its cloud…
Apple to launch first store in Saudi Arabia – minister
U.S. Technology company Apple will open soon a centre in the logistics area at King Khalid Airport in Riyadh for…
