Tag: Alibaba
MARKETS: Alibaba, Jack Ma Offload Stocks From Paytm Mall
According to reports, Paytm Mall's largest investor, Alibaba Group, has sold its entire stake in the e-commerce entity.
Alibaba has sold a 28.34 percent...
Alibaba Stock Grows by 80%, Valuation Surpasses $800 Billion
According to the research data analyzed and published by StockApps.com, Alibaba stock (BABA stock) has grown 81.70% over the 12-month period ended October 19,...
SoftBank Doubles Buyback Plans While Jack Ma Leaves Board
(Bloomberg) -- SoftBank Group Corp. doubled the amount it plans to spend buying back shares and announced changes to its board, including the resignation of...
Alibaba to Invest $28 Billion Over Three Years in Cloud
(Bloomberg) -- Alibaba Group Holding Ltd. will invest 200 billion yuan ($28 billion) on cloud infrastructure such as datacenters over the next three years, a...
Exits and Elevations: 5 CEOs Who Made Headlines in 2019
The year 2019 saw a many upheavals in the leadership of large corporation. While in some companies, it was plain old succession, in many,...
Alibaba seals $38 billion Singles’ Day sales record
(Bloomberg) --Alibaba Group Holding Ltd. logged more than 268 billion yuan ($38.3 billion) of purchases during its Singles’ Day bonanza, exceeding last year’s record...
When Elon Met Jack: Musings on AI, Mars and the End of Civilization
(Bloomberg) -- Tesla Chief Executive Officer Elon Musk and Alibaba Group Holding Chairman Jack Ma, two of the leading luminaries in the technology world,...
Alibaba raises $1bn in 85 seconds during Singles’ Day sale
Chinese internet giant Alibaba raked in $1bn (£780m) in just 85 seconds during yesterday’s Singles’ Day sale in China.
The e-commerce company - China’s equivalent...
