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Alibaba Group Holding
Digital Economy
Alibaba tumbles after nixing cloud spinoff on US chip curbs
Alibaba will instead focus on growing the unit organically and dole out its first-ever annual dividend of US$2.5 billion
November 16, 2023
China Focus
Jack Ma-backed Ant's profit fell 65% due to RMB7 billion yuan fine
Ant’s profit would have grown to RMB9.6 billion excluding the fine
November 16, 2023
Tech
Alibaba, Tencent join big backers for Chinese AI startup Zhipu
Zhipu and Baichuan are among the better-known startups developing generative AI.
October 20, 2023
IPO
Alibaba's logistics arm files for US$1 billion-plus IPO
The Hong Kong exchange confirmed that the company can proceed with its proposed Cainiao spinoff and IPO
September 26, 2023
Company in the news
Alibaba’s ex-CEO Daniel Zhang quits as Jack Ma’s lieutenants take the helm
Alibaba Group Holding Ltd.’s former chief Daniel Zhang has decided to quit just months after agreeing to lead its cloud division.
September 11, 2023
IPO
Alibaba grocery IPO on backburner as valuations disappoint
Alibaba’s American depositary shares fell as much as 1.4% in New York trading Friday.
September 08, 2023
Tech
Alibaba Cloud eyes state firms for up to US$3 bil fundraising
Alibaba Cloud contributed US$11.2 billion ($15.16 billion) of revenue to Alibaba in the 12 months to March 31.
September 04, 2023
Global review
How Jack Ma's Ant Group is inching towards IPO reboot
It is unclear what Ant's final structure as a listed entity will be
July 26, 2023
China Focus
Alibaba to stay on sidelines of Ant’s US$6 bil stock buyback
Alibaba has said that it wants to maintain its slice of an important partner.
July 25, 2023
Private equity
Sequoia's China unit's move into Singapore sets stage for competition with India-based arm: FT
China firms setting up operations here has been dubbed 'Singapore-washing'
July 09, 2023