Alibaba

Get the biggest business stories emailed to you every weekday or go to the Fin24 front page.The Central African Republic is defending the use of Russian assistance to take back territory the government says rebels have illegally occupied, despite widespread claims of indiscriminate killings of civilians and looting of mining sites. Albert Yaloke Mokpeme, spokesman for…

Your browser does not support the audio element. At its annual U Design conference held on August 12, Chinese tech giant Alibaba debuted a new version of its custom Alibaba Sans typeface in traditional Chinese, Japanese, and Korean scripts. The typeface will be freely available for general use, offering great…

WTF?! Russia has unveiled a robotic dog that carries an anti-tank rocket launcher on its back. While such a creation has plenty of scary, Black Mirror-style implications, it appears to be little more than a $2,700 machine purchasable from Alibaba, carrying an RPG it might not be able to fire…

A ride-hailing car with Xiangdao Chuxing's branding. Credit: SAIC Chinese ride-hailing service Xiangdao Chuxing announced on Monday that it has raised more than $150 million in Series B from investors, including self-driving car startup Momenta, and said it plans to prepare for a potential initial public offering. Why it matters: The…

SoftBank Group CEO Masayoshi Son speaks at a news conference in London on July 18, 2016.Neil Hall/Reuters SoftBank Group Corp’s decision to sell down its Alibaba Group Holding stake for a $34 billion gain may be aimed at bolstering its finances, but it also underlines how CEO Masayoshi Son has…

reaction Live Blog TalkSPORT 3rd September 2022, 10:14 am Updated: 3rd September 2022, 10:14 am The transfer window has slammed shut to complete a historic summer of spending in the Premier League. A number of records tumbled on Wednesday as the amount of money spent in the top-flight reached a…

What Happened: Chinese tech giant Alibaba has launched a carbon ledger program called “88 Carbon Account” 88碳账户 across its ecosystem. Users will earn points for uploading proofs of their low-carbon choices, such as riding public transport and bringing their own cups to cafes. The accumulated points will unlock digital badges…

SoftBank Group is accelerating its pace of asset sales, highlighting the urgent need to raise cash as it strives to outlast a prolonged “tech winter.” The Japanese investment group is effectively selling about 38% of shares it owns in Alibaba Group Holding—worth about USD 22 billion based on the Chinese…

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo NEW YORK, Aug 10 (Reuters) - SoftBank Group Corp (9984.T) is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding (9988.HK)…

Unity officially announced the creation of a new China company on Tuesday, with investment from Alibaba, ByteDance’s Douyin Group, Oppo, China Mobile, miHoYo, and more. The new entity, which was initially registered in Shanghai in 2012 according to Qichacha, is estimated to be worth $1 billion. Unity said in the…