Alibaba

Ma’s The Word25 Mar, 2020Chinese billionaire Jack Ma (C) showed his benevolent side as he pitched in to help the world fight the novel coronavirus. The founder of e-commerce major, Alibaba, Ma became the most talked about business figure after he said that he would marshall all available resources at…

By: Lifestyle Desk | New Delhi | Published: June 8, 2020 9:18:26 am Hardships force us to take a step back and make us question our life choices. It is in those times that we need to keep the hope going and look for opportunities. In this inspiring video, Alibaba…

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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,…

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…

SoftBank reported an annual net loss of ¥962bn ($8.8bn), mostly because of bad investments its Vision Fund made in WeWork, Uber, Didi and other tech firms. The Japanese conglomerate might not pay a dividend to shareholders for the first time since becoming a public company in 1994. Jack Ma, the…

Now the Japanese technology group hopes a tech rally will boost its huge but underperforming startup fundSHARES IN SOFTBANK, a Japanese conglomerate, have gained almost 70% in value since mid-March, more than twice as much as Tokyo’s Nikkei stockmarket index. One big reason is $23bn in share buy-backs, announced in…

American Chamber of Commerce in Shanghai President Ker Gibbs. American Chamber of Commerce in Shanghai Chinese listings in the U.S. have benefitted China as well as American investors, and any changes in listing laws should be equally applied to all countries, American Chamber of Commerce Ker Gibbs said today.  "We…

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…

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…