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Alibaba

Alibaba

Alibaba Group Announces March Quarter and Full Fiscal Year 2020 Results

HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) today announced its financial results for the quarter and fiscal year ended March 31, 2020. “Alibaba achieved the historic milestone of US$1 trillion in GMV across our digital economy this fiscal year,” said Daniel Zhang,…
bubmag
May 22, 2020
Alibaba

Tech savvy: China’s big plan to overtake US in AI, wireless comms

Beijing is accelerating its bid for global leadership in key technologies, planning to pump more than a trillion dollars into the economy through the rollout of everything from wireless networks to artificial intelligence. In the masterplan backed by President Xi Jinping himself, China will invest an estimated $1.4 trillion over…
bubmag
May 22, 2020
Alibaba

China hones new plan to overtake the US in tech

A Huawei employees boards a shuttle train at a station of the Huawei Euopean-themed campus in Shenzhen in China's southern Guangdong province on May 19, 2020 Beijing is accelerating its bid for global leadership in key technologies, planning to pump more than a trillion dollars into the economy through the…
bubmag
May 21, 2020
Alibaba

China aims to take world’s tech crown from U.S. -Advertiser

Beijing is accelerating its bid for global leadership in key technologies, planning to pump more than a trillion dollars into the economy through the rollout of everything from wireless networks to artificial intelligence. In the masterplan backed by President Xi Jinping himself, China will invest an estimated $1.4 trillion over…
bubmag
May 21, 2020
Alibaba

Alibaba Co-Founder Jack Ma Resigns From SoftBank Board

Jack Ma retired as Alibaba's executive chairman in SeptemberSoftBank Group Corp said on Monday that Alibaba co-founder Jack Ma will resign from its board, in the latest departure by a high-profile ally of CEO Masayoshi Son.The departure of Mr Ma, who retired as Alibaba's executive chairman in September, comes as…
bubmag
May 18, 2020