International News China’s Alibaba agrees to sells Sun Art stake for $1.58b Nada Ali Jan 1, 2025 0 China's Alibaba Group Holding Ltd announced on Wednesday that it has reached an agreement to sell its controlling…
Money Alibaba seeks $5b in dual-currency bond offering Nada Ali Nov 18, 2024 0 China's e-commerce giant Alibaba Group is aiming to raise $5 billion through a multi-tranche bond issuance.
International News Fitch affirms Alibaba’s credit rating at ‘A+’ Nada Ali Nov 18, 2024 0 Fitch Ratings assigned an ‘A+’ rating to Alibaba Group Holding Limited’s proposed US dollar and offshore Chinese…
News Alibaba discloses state ownership amid SEC inquiry Nada Ali Feb 26, 2024 0 Alibaba Group Holding Ltd. revealed a broader network of Chinese government stakes in its business units, in…
Featured 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…
International News Alibaba pledges to invest $2 bln in Turkey Mennatullah Hamzawy Sep 18, 2023 0 Alibaba Group Holding plans to invest $2 billion in Turkey, company’s CEO said to Turkey’s president Tayyip Erdogan…
Tech/AI Alibaba’s co-founder sells $8.2bn worth shares, stake falls 4.8% Amwal Al Ghad English Jul 13, 2020 0 Alibaba Group Holding Ltd co-founder Jack Ma cut his stake in the company over the past year to 4.8 percent from…
Tech/AI Alibaba to invest $1.41bn in AI system for smart speakers Amwal Al Ghad English May 20, 2020 0 Alibaba Group Holding said on Wednesday it will invest 10 billion yuan ($1.41 billion) into an AI (artificial…
Tech/AI Alibaba to invest $28bn in cloud services after coronavirus boosted demand Amwal Al Ghad English Apr 20, 2020 0 Alibaba Group Holding said it will invest 200 billion yuan ($28 billion) in its cloud infrastructure over three…
Tech/AI Alibaba to buy at least 10% stake in China’s courier Yunda Amwal Al Ghad English Mar 31, 2020 0 Alibaba Group Holding Ltd plans to buy at least 10 percent of Yunda Holding Co Ltd , marking the e-commerce giant’s…
Tech news Samsung Elec, Alibaba to collaborate on mobile payment systems Ghada Ismail May 19, 2016 0 Samsung Electronics and Alibaba Group Holding plan to announce a collaboration on mobile payment systems on Friday,…
Tech news Alibaba revenue growth seen slowest on record Yomna Yasser Jan 25, 2016 0 Chinese e-commerce giant Alibaba Group Holding Ltd is expected to post its weakest quarterly revenue growth on…
Tech news Apple launches Apple Pay in China Noha Gad Dec 19, 2015 0 Apple Inc said it will launch its payment service in China as soon as 2016, pitting it against entrenched Chinese…
Tech news Alibaba is buying South China Morning Post for $266 million aya salah Dec 14, 2015 0 Alibaba Group Holding Ltd (BABA.N) has agreed on a $266 million deal to acquire the South China Morning Post and…
Tech news Alibaba names new CEO as it reports Strong Fourth Quarter Yomna Yasser May 7, 2015 0 Alibaba Group Holding Ltd (BABA.N) named a new chief executive Thursday, as the Chinese ecommerce group's…
Tech news Alibaba, Lending Club team up to finance U.S. Purchases Yomna Yasser Feb 3, 2015 0 Alibaba Group Holding Ltd.’s wholesale marketplace is joining with U.S. peer-to-peer online lending company Lending…
Tech news Alibaba Spent $161 Million Fighting Fakes Since 2013 Yomna Yasser Dec 24, 2014 0 China's Alibaba Group Holding Ltd, the world's largest e-commerce company, spent over 1 billion yuan ($160.7…