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…
Jack Ma to donate millions of masks and test kits to the World Health Organisation
Alibaba’s founder Jack Ma announced on Tuesday that he is donating millions of masks and test kits to the World…
Alibaba shares climb in Hong Kong debut, so far became world’s largest listing in 2019
Shares of Chinese e-commerce giant Alibaba on Tuesday saw a very strong debut in Hong Kong, after pricing its…
Alibaba to raise up to $12.9bn in landmark Hong Kong listing
Chinese e-commerce giant Alibaba Group (BABA.N) will raise up to $12.9 billion from its landmark Hong Kong listing…
Alibaba’s Singles’ Day posts $30 billion in sa;es, on track for 11th record
Chinese retailer Alibaba Group Holding Ltd said that sales for its annual Singles’ Day shopping blitz crossed the…
Jack Ma steps down as chairman, Alibaba begins new era
Alibaba chairman Jack Ma is due to step down from the e-commerce giant on Tuesday, marking the end of an era for…
Alibaba-backed Chinese AI company Megvii plans Hong Kong IPO
Chinese artificial intelligence company Megvii has filed for an initial public offering on Hong Kong stock…
Alibaba reportedly plans a second listing in Hong Kong
Nearly five years after Alibaba shattered records with a $25 billion IPO, the Chinese company is said to be…
Alibaba opens two data centres in UK to boost its Europe cloud operations
Alibaba opened on Monday two data centres in the U.K., further expanding its cloud footprint in Europe.
Alibaba’s Jack Ma, China’s richest man, plans to retire
China’s richest man and co-founder of e-commerce giant Alibaba, Jack Ma said on Monday he planned to retire to…
Starbucks CEO confirms Alibaba partnership for China
Starbucks has officially entered into a partnership with Alibaba Group with a multi-pronged plan to boost the…
Starbucks teams up with Alibaba to deliver coffee in China: reports
Starbucks is cooperating with Alibaba's food delivery unit, Ele.me, to deliver coffee and snacks to Chinese…
Many Americans want to stop China from tech upgrade: Alibaba official
An Alibaba co-founder on Wednesday alleged that many Americans wish to stop China from upgrading its technology and…
Alibaba launches A.I., big data cloud products in Europe, vying Amazon, Microsoft
China's tech giant Alibaba strengthened its cloud computing presence in Europe on Tuesday with new products aimed…
Alibaba sales record $5 billion in first 15 minutes on Singles Day
Alibaba surged $5 billion in transactions in less than 15 minutes on Singles Day, blowing the opening minutes of…
Why Chinese tech giants are better suited to Saudi Arabia than Google and Facebook
With two-thirds of its population under 30 and an economy it is keen to diversify away from oil dependence, Saudi…
Saudis negotiating Amazon, Alibaba about new city: Crown prince
Saudi Arabia's Crown Prince Mohammed bin Salman said his country is negotiating with some of the world’s biggest…
Alibaba says will invest more than $15bn over three years in global research programme
Chinese e-commerce giant Alibaba announced Wednesday it will invest more than $15 billion over the next three…
Alibaba invests $807 million for majority stake in logistics firm Cainiao
Chinese e-commerce giant Alibaba said Tuesday it paid an additional 5.3 billion yuan, or $807 million, to increase…
China launches cyber-court designed to handle internet-related disputes
China’s new cyber-court in the city of Hangzhou has commenced hearing cases on Thursday that exclusively deal with…
Alibaba stock seen up to 34% rally as it takes a page from the Amazon playbook
Alibaba shares are likely to see a 34 percent rally with the company's cloud division driving a "re-rating" of the…
China’s internet giant Tencent launches WeChat Pay in Europe to compete Alibaba’s Alipay
Chinese internet giant Tencent launched on Monday its WeChat Pay payments service in Europe, challenging rival…
‘Hundreds’ of Alibaba and Huawei-sized companies could soon be taking on the…
Alibaba became a well-known name internationally when it listed in the U.S. in 2014, while Huawei has been…
Chinese bank calls documents ‘fake’ after bond default on Alibaba-linked…
The fate of a defaulted $45 million Chinese corporate bond sold through an Alibaba-backed online wealth management…
Alibaba’s finance arm Ant says expansion plans to focus on Asia, for now
Ant Financial Services Group, the world's biggest financial technology company, plans to focus its expansion…
Alibaba payments arm Ant Financial ‘closer to IPO’ but still no timeline
Alibaba affiliate Ant Financial, which runs the Alipay payments service, is "closer to an initial public offering "…
Alibaba’s $60 billion finance arm eyes growth before IPO
Investors gearing up for the initial public offering (IPO) of Ant Financial, the $60 billion online finance arm…
Alibaba dethrones Baidu in China’s digital advertising market
Mobile advertising is witnessing double digit growth rates, according to eMarketer, but not everyone is in for a…
Alipay may take stake in Wirecard
Wirecard AG is negotiating with representatives of Alipay, a unit of Chinese e-commerce giant Alibaba, about it…
Ant Financial plans to buy stake in Thai payments company
Ant Financial Services Group, Alibaba's financial services affiliate, is seeking to buy a 20 percent stake in…
Yahoo revenues decline as internet firm reviews bid options
Yahoo has reported a $99m (£69m) quarterly loss, compared to a $21.2m profit for the period last year, as it…