Alibaba

Alibaba's quarterly revenue was up 10% from a year ago, its slowest in seven years...Read More

We analyze the financial figures reported by Chinese internet giant Alibaba...Read More

Chinese short video app Kuaishou is planning to block external links to Alibaba-owned e-commerce platform Taobao and online retailer JD from March. Taobao product links will be barred from displaying within the video app, while JD links will be blocked from showing in the shopping chart during livestreaming sessions, but still…

(Source: Lazada) Your browser doesn’t support HTML5 audio Chinese tech giant Alibaba had previously mentioned its intention to raise at least $1 billion for Lazada, its e-commerce platform in Southeast Asia, but has since rolled back its off. Bloomberg reported on Wednesday that the deal was called off since negotiations…

(Source: BEST Inc.) Your browser doesn’t support HTML5 audio BEST Inc., a smart supply chain solutions and logistics services provider in China, announced on Wednesday that Chen Jun has resigned from his position as a director of the company. Chen was nominated by Alibaba and its logistics arm, Cainiao Network,…

(Bloomberg) -- From Alibaba to Tencent, China’s largest companies are once again at the center of a market storm, spurred by speculation that Beijing is readying another assault on the world’s biggest internet arena. Most Read from Bloomberg Belarus Preparing to Send Soldiers, Report Says: Ukraine Update U.S., Europe Cut…

Chinese authorities recently asked state-owned companies and banks to launch a new round of checks regarding their exposure to and links with Ant Group, the financial company that belongs to Chinese tech giant Alibaba. The news caused Chinese tech stocks to plummet on Tuesday, with Alibaba seeing a 5.3% loss…

Chinese e-commerce giant Alibaba has called off discussions with potential investors for a $1 billion pre-IPO round for its Southeast Asia e-commerce arm Lazada, Bloomberg reported on Wednesday, citing people with knowledge of the matter. The report says disagreement over the valuation of the Singapore-based company is the main reason…

After enduring the government’s regulatory storm that began in late 2020, companies ranging from e-commerce giant Alibaba to gaming mogul Tencent to ride-hailing giant Didi have largely kept a low profile, apart from pledging billions of dollars to Beijing’s initiatives such as “common prosperity” to show their loyalty. But investors, fearing the…

Financial regulators in China have asked state-owned banks and enterprises to audit their assets and report all financial exposure to Alibaba fintech affiliate Ant Group, Bloomberg reported on Monday. The National Audit Office, which audits the revenue and expenditure of state institutions, issued the call alongside multiple governmental bodies, including…