China breaks records with $14b in offshore convertible bonds
Chinese major companies have set a new record in the offshore convertible bond market by raising $14 billion in…
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Alibaba Group
S. Korea, Alibaba platforms deal on product safety
South Korea's government has signed an agreement with Alibaba's AliExpress and PDD Holdings' Temu, focusing on…
Japan’s SoftBank posts third straight net loss of $1.46b
SoftBank Group of Japan reported a net loss of 227.6 billion yen ($1.46 billion) for the fiscal year ending March…
Space Epoch, Alibaba to use rockets in goods delivery
Chinese rocket maker Space Epoch is collaborating with Alibaba's online shopping platform Taobao to develop…
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…
Alibaba cloud unit to recruit 5,000 staff globally this financial year
Alibaba Group said its cloud unit aims to recruit 5,000 staff globally from now until the end of this financial…
US places Alibaba’ Taobao back in its list of ‘notorious marketplaces’
Alibaba Group’s massive consumer-to-consumer website, Taobao, has been put back in the United States Trade…
