Page 5 - Alibaba Group

Alibaba's Ant Group starts concurrent IPO process in Shanghai, Hong Kong

A concurrent listing of Ant - one of the world's most hotly-anticipated IPOs - would be a boost to both cities' status as capital market centres

SoftBank quietly sells additional $2.2 bn of its stake in Alibaba Group

The deal, which includes a collar contract and call spread, is expected to be settled between May 2024 and June 2024

World Coronavirus Dispatch: EU slams China over fake Covid-19 info

Cases in US cross two million as infections rise in at least 20 states, Amazon, Ebay ordered to stop shipping unproven Covid products

Answers to the Strategist Quiz #659

Answers to the Strategist Quiz #659

Draconian? Alibaba's Lazada demands staff to follow Covid-19 rules strictly

The conflict illustrates how Alibaba's business practices have sometimes played poorly abroad

Mukesh Ambani no more Asia's richest man as recent oil slide erodes wealth

According to the Bloomberg Billionaires Index, Chinese billionaire Jack Ma, the founder of e-commerce major Alibaba Group has toppled Ambani to get the top spot in Asia

Alibaba Group to offer $144 million in subsidies as shopping suffers

Alibaba's announcement comes as the e-commerce giant wrestles with depressed consumer spending in China

Mukesh Ambani set to build Alibaba-like $24-bn e-commerce giant for India

The move is the latest sign of the Reliance group's pivot towards data and digital services for future growth, as it builds an online platform to take on the likes of Amazon and Flipkart in India

Alibaba's Ant Financial applies for Singapore digital banking licence

The Monetary Authority of Singapore (MAS) has said it will issue five such licences, as it embarks on the biggest liberalisation of its banking sector in two decades

Alibaba Group rejigs brass, names veteran Simon Hu as CEO for Ant Financial

Cheng Li, chief technology officer for Ant, will move over to become CTO for Alibaba Group

Softbank's Son reiterates his belief in gut-led investing in chat with Ma

SoftBank owns 26% of China's Alibaba, with its origin in a $20 million investment in 2000, and the stake is now worth more than the Japanese firm's market capitalization

Alibaba-backed AutoX seeks permit to test driverless cars in California

Google-backed Waymo is the only company so far to have secured a full license for testing without a safety driver

Alibaba's stellar HK debut

Asian businesses now have access to large, new capital

Alibaba braves political unrest, raises $11 bn in biggest Hong Kong listing

One question now is how Alibaba will put the money to work

Alibaba's books close early in $13.4 bn Hong Kong listing: Report

Alibaba's closing price on Tuesday in New York will be used to set the final price that institutional investors will pay for the Hong Kong listed stocks

Alibaba's $13.4-bn institutional bookbuild already covered 'multiple times'

Retail investors will not pay more than $HK188 per share, a statement from the company published on Friday showed

Here's why Alibaba listing in Hong Kong such a big deal for the city

Alibaba postponed its listing plans over the summer as political protests that began in June worsened

How Alibaba founder Jack Ma is ripping a $12 trillion stock market

On Monday, China's largest e-commerce company logged more than $38.3 billion of purchases during its annual Singles' Day shopping event, a new record

Alibaba's $38-bn Singles' Day sales: Jack Ma not impressed, expected more

Launched in 2009, Singles' Day has become China's version of US online sale event Cyber Monday

Alibaba to expand local delivery, services platform after $13-bn HK listing

Alibaba also plans to spend more on developing Youku, which the company says is one of the leading online video platforms in China.