Page 6 - Alibaba

Ant group's profit grows by 39% in June quarter as investments gain

The company contributed $1.4 bn to Alibaba Group Holding's earnings

China's Alibaba misses second quarter revenue expectations

China's big tech companies have also been under pressure as the country's regulators clamped down on powerful players

Chinese shoppers spend $139 billion during Singles' Day fest

Alibaba tallied 540.3 billion yuan (USD84.5 billion) in spending over the festival that spanned Nov. 1 to Nov. 11, the company said Thursday

Alibaba takes in $84.54 billion in orders in toned-down Singles Day

Last year, the company racked up $74 billion in GMV over the event's 11 days.

Brands rake in millions as Alibaba's Singles' Day enters last stretch

Alibaba Group turned China's informal Singles' Day into a shopping event in 2009 and built it into the world's biggest online sales fest

Alibaba Group Holding has lost $344 billion in world's biggest wipeout

Despite a 30 per cent recovery from Oct. 5, the stock is still 43 per cent lower than its October 2020 peak.

China's 'Lipstick Brother' livestream logs $2 billion in a day

Li, who earned his nickname by trying on various makeup products on his show, pre-sold 12 billion yuan in products ranging from Shiseido lotions to Apple AirPods

Jack Ma leaves China for first time after Alibaba crackdown

Ma is abroad for a series of business meetings, including a tour of the agricultural industry and environmental technology in Spain

Jack Ma in Europe, makes first trip abroad after China's crackdown on firm

Before flying to Europe, Ma was in Hong Kong to spend low-key private time with his family.

Tech giant Alibaba unveils one of China's most advanced chips

Alibaba is one of a number of Chinese firms that has answered Beijing's call to invest in the development of cutting-edge technologies and manufacturing capacities.

Evergrande's woes linked to China crackdown starting with Alibaba

In a more macro way, the firm's woes are bringing to the fore China's wide-scale regulatory crackdown across most of its businesses, starting with technology giant Alibaba

China tells Alibaba, Tencent to open platforms up to each other: Report

China's industry ministry has told technology companies including Alibaba Group Ltd and Tencent Holdings Ltd to stop blocking each other's website links from their platforms: report

Prosecutors drop sexual assault case against Alibaba manager

Chinese prosecutors have dropped a case against a former Alibaba manager accused by a female colleague of sexual assault, weeks after the case caused a backlash against the e-commerce firm

Alibaba promises $15.5 billion for anti-poverty work in China

E-commerce giant Alibaba Group said it will spend $15.5 bn to support President Xi Jinping's campaign to spread China's prosperity more evenly

China orders ride-hailing firms Meituan, Didi to fix misconduct by year-end

The regulators criticized them for disrupting fair competition and hurting the interests of drivers and passengers, according to a statement published Thursday

Chinese state firms to take big stake in Ant's credit-scoring JV

The plan would represent one of the most prominent outcomes of a govt push for state-backed firms to exert more control and influence

China threatens to ban e-commerce companies that flout IP laws

E-commerce platforms will be restricted from online business operations or even have their licenses revoked if they fail to deal with serious violations of IP rights by vendors on their platforms

Alibaba fires 10 staffers for leaking sexual assault accusations

Alibaba announced internally last week it fired the group for sharing a harrowing account posted on an internal forum by a colleague surnamed Zhou, who accused a former manager of rape

China investigates top government official of Alibaba's home city

Hangzhou Municipal Party Committee Secretary Zhou Jiangyong, 53, has been placed under investigation for serious violations of party discipline and state law

China expands power in cyberspace with new rules on digital platforms

TSMC overtakes Tencent to become Asia's most valuable company; Alibaba at record low in HK