Alibaba Begins Overhaul to Revive Cloud Arm After Nixing Spinoff
Alibaba Group Holding Ltd. is taking the first steps toward revamping its cloud business by overhauling its leadership,
2023-11-24 17:47
Jack Ma Reverses Plan to Trim Stake After Alibaba Share Tumble
Alibaba Group Holding Ltd. founder Jack Ma is walking back plans to trim his stake after the Chinese
2023-11-22 18:24
Baidu’s ChatGPT-Style AI Begins to Earn as Sales Beat Estimates
Baidu Inc.’s ChatGPT-style Ernie bots are beginning to add to the company’s top line, potentially shoring up advertising
2023-11-21 21:58
Moody’s Revises Up SoftBank Outlook to Stable After Arm IPO
Moody’s Investors Service revised up its outlook on SoftBank Group Corp. to stable from negative, saying the listing
2023-11-20 18:53
Alibaba Shock Move Casts Fresh Pall Over China Tech
The shocking decision by Alibaba Group Holding Ltd. to cancel the spinoff of its cloud division is offering
2023-11-20 10:17
Marcos Asks TikTok to Help Philippine Retailers Promote Products
Philippines President Ferdinand Marcos Jr. has asked TikTok Inc. to help mom-and-pop stores promote their products to the
2023-11-18 09:54
Alibaba Dents Emerging-Market Stocks’ Best Month Since January
The benchmark emerging-market stocks gauge took a hit from large declines in a pair of Chinese e-commerce shares
2023-11-17 19:16
Jack Ma Loses $683 Million on Alibaba Days Before Big Stake Sale
Jack Ma is preparing one of his biggest Alibaba Group Holding Ltd. stake reductions in recent years, and
2023-11-17 17:54
Alibaba Is Worth About Half of Tencent as Demand Recovery Lags
Alibaba Group Holding Ltd.’s market value has slumped to only about half that of rival Tencent Holdings Ltd.
2023-11-17 12:47
Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market value
By Donny Kwok and Casey Hall HONG KONG/SHANGHAI (Reuters) -Alibaba Group's Hong Kong shares slumped 10% on Friday after it
2023-11-17 12:27
US-China Tech Fight Forces Alibaba to Scrap Cloud Spinoff
An escalating fight between the US and China for technological dominance has triggered one of the most stunning
2023-11-17 02:54
China's Alibaba to scrap cloud unit spinoff in response to US chip curbs
(Reuters) -China's Alibaba Group Holding said on Thursday it will scrap the spin off of its cloud unit in response
2023-11-16 20:28