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Page 6 - Alibaba Group

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.

Alibaba to expand local delivery, services platform after $13-bn HK listing
Updated On : 13 Nov 2019 | 9:23 PM IST

Alibaba Group geared for blockbuster $13.4-billion listing in Hong Kong

A sale of that size will dilute existing shareholders by 2.8% and investors will be able trade shares

Alibaba Group geared for blockbuster $13.4-billion listing in Hong Kong
Updated On : 13 Nov 2019 | 4:49 PM IST

Alibaba-backed EV firm XPeng raises $400 mn from Xiaomi, others for growth

The fundraising comes at what bankers and industry insiders describe as an increasingly tough financing environment for Chinese EV startups which must jostle for attention in a crowded sector

Alibaba-backed EV firm XPeng raises $400 mn from Xiaomi, others for growth
Updated On : 12 Nov 2019 | 10:14 PM IST

Alibaba stare at another record as Singles' Day sales hit $28.63 billion

Within the first two hours, the total GMV exceeded $17.24 billion, surpassing the total GMV of 2016 11.11

Alibaba stare at another record as Singles' Day sales hit $28.63 billion
Updated On : 11 Nov 2019 | 1:29 PM IST

Alibaba group adds JP Morgan, Citigroup for Hong Kong November listing

The Chinese e-commerce giant plans to start taking investor orders on November 15, after its Singles' Day sale, and price the offering on November 20, the people said

Alibaba group adds JP Morgan, Citigroup for Hong Kong November listing
Updated On : 10 Nov 2019 | 1:12 AM IST

11.11 UC Shopping Fest: UC Browser partners with Paytm Mall, Paytm First

On November 11, a big treasure box is up for grabs with the opportunity to win the whole 5 listed products for free.

11.11 UC Shopping Fest: UC Browser partners with Paytm Mall, Paytm First
Updated On : 08 Nov 2019 | 7:11 PM IST

China's Alibaba plans to launch $15-bn Hong Kong listing by Nov-end

The company had been working on an August listing in Hong Kong but the transaction was put on hold due to anti-government protests in the city creating financial and political uncertainty

China's Alibaba plans to launch $15-bn Hong Kong listing by Nov-end
Updated On : 08 Nov 2019 | 4:13 PM IST

After Jio's 4G and optical fibre, RIL to build $24 bn e-commerce giant

A series of capital transfers would make Jio, which already has capital of 650 billion rupees, almost debt free by March 2020, the parent said on October 25

After Jio's 4G and optical fibre, RIL to build $24 bn e-commerce giant
Updated On : 29 Oct 2019 | 2:28 PM IST

Chinese youth is spending like Americans, piling worrisome household debt

Chinese under 30 aren't savers like previous generations. That's helping diversify the economy, but adding to household debt.

Chinese youth is spending like Americans, piling worrisome household debt
Updated On : 30 Aug 2019 | 11:40 AM IST

Softbank said to continue blitzkrieg even as Alibaba halts new investments

Alibaba is likely to reserve resources for existing portfolio

Softbank said to continue blitzkrieg even as Alibaba halts new investments
Updated On : 26 Aug 2019 | 3:58 PM IST

Hong Kong protests force companies to choose: Their employees or China

Employers early on supported their workers' desire to protest but have started to shift under pressure from Beijing

Hong Kong protests force companies to choose: Their employees or China
Updated On : 26 Aug 2019 | 2:02 PM IST

Alibaba to raise $20 billion through second listing in Hong Kong: sources

A second listing will give Alibaba the war chest it needs to keep investing in technology

Alibaba to raise $20 billion through second listing in Hong Kong: sources
Updated On : 29 May 2019 | 1:07 AM IST

At Alibaba's futuristic hotel, robots deliver towels and mix cocktails

The 290-room FlyZoo is an incubator for technology Alibaba wants to sell to the hotel industry

At Alibaba's futuristic hotel, robots deliver towels and mix cocktails
Updated On : 23 Jan 2019 | 7:48 AM IST

Alibaba used shoppers' data to invent a spicy Snickers bar

Alibaba's market research arm, Tmall Innovation Center, can crunch data and show companies what Chinese consumers are seeking but can't find

Alibaba used shoppers' data to invent a spicy Snickers bar
Updated On : 24 Oct 2018 | 9:36 PM IST

Chinese police arrest 21 for data theft at Alibaba's delivery arm: Report

More than 10 million pieces of client data - including usernames, phone numbers and parcel tracking numbers - were stolen from Alibaba's logistics arm, Cainiao

Chinese police arrest 21 for data theft at Alibaba's delivery arm: Report
Updated On : 22 Sep 2018 | 2:33 PM IST

Tencent, Alibaba take Chinese rivalry abroad; find new ways to defend turf

In India, the last large open global market, both have used the investment route to build their own camps

Tencent, Alibaba take Chinese rivalry abroad; find new ways to defend turf
Updated On : 10 Sep 2018 | 5:30 AM IST

Jack Ma not retiring and will unveil transition plans on Monday: Alibaba

Known as Ma Yun in mainland China, Ma is one of China's wealthiest men, with his net worth estimated at $40 billion by the Bloomberg Billionaires Index

Jack Ma not retiring and will unveil transition plans on Monday: Alibaba
Updated On : 09 Sep 2018 | 7:04 PM IST

Alibaba Group's sales soar to four-year high on free-spending ways

Shares of Alibaba rose 3.4 per cent to $183.89 at 9:39 am in New York as investors cheered the result, plus more than $3 billion in new funding for its newly acquired food delivery arm

Alibaba Group's sales soar to four-year high on free-spending ways
Updated On : 23 Aug 2018 | 11:05 PM IST

Alibaba buys Rocket Internet's Daraz to expand business in Pakistan

Pakistan's burgeoning youth has turned the nation into a fast-growing consumer market of more than 200 million people

Alibaba buys Rocket Internet's Daraz to expand business in Pakistan
Updated On : 09 May 2018 | 12:05 AM IST

Alibaba faces a challenge from Dubai's Alibabacoin over 'magic' name

Alibabacoin, which is also known as ABBC Foundation, said it has not been trying to piggyback off the Alibaba name

Alibaba faces a challenge from Dubai's Alibabacoin over 'magic' name
Updated On : 11 Apr 2018 | 8:45 AM IST