Alibaba Stock

Jack Ma Snaps Up Alibaba Stock to Become its Largest Shareowner

Along with Ma, Alibaba chairman Joe Tsai also purchased about $151 million worth of Alibaba's US-traded shares

1 month ago

Alibaba Shuts Down Quantum Computing Lab Amid Restructuring

The closure of the lab is the latest internal change at Alibaba, which surprised investors earlier this month by scrapping…

3 months ago

Ma Alibaba Stock Sale, Cloud Unit Listing Axe a ‘Coincidence’

Just hours before the firm pulled its cloud unit’s listing, it had emerged Ma's family trust intended to sell 10…

3 months ago

Shock Reversal on Cloud Unit Wipes $20bn Off Alibaba Shares

"The shelving is a surprise and makes us wonder if there are issues behind the scenes that we aren't aware…

3 months ago

Alibaba Pulls Plug on Cloud Unit Spin-Off Over US Chip Curbs

The e-commerce outfit had unveiled plans in March to list its cloud business as part of the biggest restructuring in…

3 months ago

Nvidia May See $5 Billion Hit From Early China Chip Curbs – WSJ

Chinese tech giants, including Alibaba, ByteDance and Baidu, had placed orders worth billions for 2024 and Nvidia had planned to…

4 months ago

Alibaba Break-Up Gets Underway With Cainiao Listing Move

The logistics unit’s launch would make it the first to be split off since the Chinese e-commerce giant announced its…

5 months ago

New Alibaba CEO Wants Focus on AI, ‘Young Employees’ At Helm

Eddie Wu, a long-time lieutenant of former Alibaba chief Jack Ma, takes charge of the company amid its biggest organisational…

6 months ago

Alibaba Stock Slips On Daniel Zhang’s Sudden Cloud Unit Exit

The cloud unit is Alibaba's second-biggest money spinner, valued at $41 billion to $60 billion ahead of an IPO planned…

6 months ago

Alibaba Lures Bargain Hunters Amid Gloom, Sees Revenue Lift

The Chinese e-commerce outfit recorded first-quarter revenue of $32.29 billion despite fears growing for the country’s stuttering recovery

7 months ago

Ant IPO Unlikely in the Short Term, Chinese State Media Says

Once an illustrious Chinese technology giant, Ant is emerging from a near three-year-long regulatory crackdown that started with the shelving…

7 months ago

Alibaba, Tencent Shares Rise as China Tech Crackdown Nears End

Friday's $984 million fine on Ant Group, one of the largest ever for a Chinese internet company, is largely being…

8 months ago