Alibaba

HONG KONG (AP) Chinese e-commerce giant Alibabas shares jumped more than 8% in their debut on the Hong Kong stock exchange on Tuesday, an auspicious start at a time when the former British colony is reeling from political unrest. By mid-afternoon Tuesday, Al…

Share to facebookShare to twitterShare to linkedin HONG KONG, CHINA - NOVEMBER 26: Daniel Zhang Yong (C), Chairman and CEO of Alibaba Group, Joseph... Tsai (3rd R), executive vice chairman and co-founder of the Alibaba…

Daniel Zhang, center, applauds during Alibaba’s listing ceremony in Hong Kong, Nov. 26. (Bloomberg: Paul Yeung) Alibaba Group Holding Ltd. rose 7.7% in its Hong Kong debut, capping a landmark share sale that unfolded during violent anti-government protests. …

In his 2016 book Alibaba: The House That Jack Ma Built, author Duncan Clark wrote about how the founder of one of the worlds biggest e-commerce companies hires. When building up his team Jack preferred hiring people a notch or two below the top performers in…

The companys chairman and CEO, Daniel Zhang, issued a statement announcing the long-anticipated listing last week, saying that Alibaba missed out on Hong Kong with regret in its 2014 listing. During this time of ongoing change, we continue to believe that th…

NEW DELHI: Reliance Industries Ltd, run by Asias richest man Mukesh Ambani, has eclipsed BP Plc to break into an elite club of energy supermajors. The Indian conglomerates market capitalisation was about $133 billion, overtaking the British energy giants $13…

A viral post on the Chinese blogging platform Weibo is putting Alibaba's top leaders on the defensive.  Alibaba's Singles Day shattered sales of comparable annual US shopping events including Amazon Prime Day and Black Friday when it brought in more than $38…

By Prince Osuagwu, Hi-Tech Editor (In Ghana) A Nigerian entrepreneur, Temie Giwa- Tubosun yesterday pipped nine other African entrepreneurs to land Jack Ma’s $250,000 (over N90m) prize money for innovation in business Temie-Giwa is the Founder and CEO of Li…

From Kenya on the east coast to Uganda and landlocked Rwanda a digital revolution, inspired by Chinese icons such as ecommerce giant Alibaba, is in the works. In Kenyas capital Nairobi, the e-commerce ecosystem, powered by the Internet is beginning to take ro…

Chinese technology giant Alibaba on November 15 confirmed plans to list in Hong Kong in what it called a $13 billion vote of confidence in the turbulent city's markets and a step forward in its plans to go global. The enormous IPO, which Hong Kong had lobbie…