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Page 4 - Alibaba

AI integration may soon fundamentally alter how we search on the internet

AI has found its way into a number of industries, from transportation to health. Now it is being integrated with search engines

AI integration may soon fundamentally alter how we search on the internet
Updated On : 09 Feb 2023 | 12:49 PM IST

Chinese government entities to take golden shares in Alibaba, Tencent

The discussions are emerging as Beijing prepares to loosen its grip on the sector and move past a bruising crackdown that's enveloped most every internet sphere for well over a year

Chinese government entities to take golden shares in Alibaba, Tencent
Updated On : 14 Jan 2023 | 12:36 AM IST

Paytm shares slip over 6% after Alibaba sells direct stake via block deal

However, Alibaba group firm Ant Financial has not diluted its stake in Paytm and continues to hold 25 per cent of the company

Paytm shares slip over 6% after Alibaba sells direct stake via block deal
Updated On : 13 Jan 2023 | 12:03 AM IST

Alibaba Group sells Paytm stake worth $125 million through block deal

Paytm's stock fell as much as 8.8% to 528 rupees in afternoon trading, and was last down 5.8% as of 2:37 p.m. IST

Alibaba Group sells Paytm stake worth $125 million through block deal
Updated On : 12 Jan 2023 | 3:46 PM IST

Food delivery firm Zomato stake sale fetches Rs 1,631 crore for Alibaba

Prior to the stake sale, Alipay held 6.7 per cent stake in Zomato while affiliate firm Antfin holds another 6.6 per cent share in the foodtech giant

Food delivery firm Zomato stake sale fetches Rs 1,631 crore for Alibaba
Updated On : 30 Nov 2022 | 11:38 PM IST

Alibaba to sell Zomato shares worth $200 million via block deal: Report

Alibaba Group Holding Ltd plans to sell a stake of about 3% in Indian food delivery firm Zomato Ltd worth $200 million through a block deal

Alibaba to sell Zomato shares worth $200 million via block deal: Report
Updated On : 29 Nov 2022 | 11:24 PM IST

Alibaba lays off nearly 10,000 in three months after 50% drop in net income

These are an effort to cut expenses amid sluggish sales and a slowing economy in China

Alibaba lays off nearly 10,000 in three months after 50% drop in net income
Updated On : 11 Aug 2022 | 9:27 AM IST

SoftBank to book $34-bn gain on Alibaba shares; reduce stake to 14.6%

The transaction 'will be able to eliminate concerns about future cash outflows, and furthermore, reduce costs associated with these prepaid forward contracts', SoftBank said

SoftBank to book $34-bn gain on Alibaba shares; reduce stake to 14.6%
Updated On : 10 Aug 2022 | 9:49 PM IST

Alibaba lays off nearly 10,000 employees to cut expenses amid poor sales

According to South China Morning Post, more than 9,241 employees left Hangzhou-based Alibaba during the June quarter, as the company trimmed its overall headcount to 245,700.

Alibaba lays off nearly 10,000 employees to cut expenses amid poor sales
Updated On : 06 Aug 2022 | 3:37 PM IST

Alibaba revenue beats in June qtr despite flat growth due to Covid lockdown

Alibaba Group Holding Ltd, on Thursday beat market expectations for revenue in the quarter ending late June, even though growth was flat for the first time ever due to the impact of COVID-19 lockdown.

Alibaba revenue beats in June qtr despite flat growth due to Covid lockdown
Updated On : 04 Aug 2022 | 7:01 PM IST

Alibaba moves a step closer towards getting booted off US stock exchanges

The firm's shares fell 9.5 per cent at 1:13 pm in New York after the announcement

Alibaba moves a step closer towards getting booted off US stock exchanges
Updated On : 02 Aug 2022 | 12:52 AM IST

Alibaba aims to add primary listing in Hong Kong, woo China investors

Removes Ant executives amid shake-up, increased scrutiny

Alibaba aims to add primary listing in Hong Kong, woo China investors
Updated On : 26 Jul 2022 | 10:27 PM IST

Alibaba says will seek primary listing in Hong Kong, adding to NYSE

Alibaba, the world's biggest e-commerce company by sales, announced plans to change the status of its shares traded in Hong Kong, making them more accessible to Chinese investors

Alibaba says will seek primary listing in Hong Kong, adding to NYSE
Updated On : 26 Jul 2022 | 2:10 PM IST

Alibaba to apply for primary Hong Kong listing to woo Chinese investors

Alibaba Group Holding Ltd. will seek a primary listing in Hong Kong, entrenching the financial hub's status as an alternative to US markets and paving the way for Chinese investors

Alibaba to apply for primary Hong Kong listing to woo Chinese investors
Updated On : 26 Jul 2022 | 12:35 PM IST

Alibaba removes Ant Executives amid shakeup and increased Chinese scrutiny

Jack Ma's twin empires have been recasting themselves amid closer scrutiny by China's watchdogs on everything from corporate governance to dealings among affiliates.

Alibaba removes Ant Executives amid shakeup and increased Chinese scrutiny
Updated On : 26 Jul 2022 | 11:42 AM IST

Alibaba, Bilibili stocks eye fresh gains as China approves more games

Live-streaming platform Bilibili Inc. was among the top gainers of the group, rising 8% in premarket trading.

Alibaba, Bilibili stocks eye fresh gains as China approves more games
Updated On : 08 Jun 2022 | 4:34 PM IST

Unicorns staring at fund woes, drop in valuation amid Covid-19 outbreak

Curbs on investment by Chinese investors a major roadblock

Unicorns staring at fund woes, drop in valuation amid Covid-19 outbreak
Updated On : 18 May 2022 | 1:54 PM IST

All the world's a stage for unicorns

In 2021, when the buzz is around start-ups going for IPOs and celebration of Indian entrepreneurship, it's also time to acknowledge the role of global players in the journey to stardom

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Updated On : 18 May 2022 | 1:53 PM IST

Jack Ma exits Paytm Mall; offloads 43% stake for Rs 42 cr: Report

Paytm E-commerce have bought back the entire stake of Alibaba, which held 28.34 per cent, and Antfin (Netherlands) Holding, which held 14.98 per cent stake, a total of 43.32 per cent, for Rs 42 crore.

Jack Ma exits Paytm Mall; offloads 43% stake for Rs 42 cr: Report
Updated On : 17 May 2022 | 5:06 PM IST
Updated On : 17 May 2022 | 1:16 AM IST