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Alibaba Group Holding Ltd News

16 Mar 2021

China tells Jack Ma-led Alibaba to dispose of media assets: WSJ report

China has told the Jack Ma-led Alibaba to dispose of its media assets, a WSJ report said The Chinese government didn’t specify which assets would need to be unloaded. The company, whose mainstay business is online retail, has stakes in the Twitter-like Weibo platform and several news outlets including Hong Kong`s South China Morning Post.

Alibaba Group Holding Ltd

05 Jul 2017

Alibaba launches low-cost voice assistant amid AI drive

China`s Alibaba Group Holding Ltd launched on Wednesday a cut-price voice assistant speaker, similar to Amazon.com Inc`s "Echo", its first foray into artificially intelligent home devices.

Ant Financial Services Group

09 Feb 2017

Alibaba's Ant Financial planning to raise $2-$3 billion in debt

Ant Financial Services Group, the payment affiliate of Chinese e-commerce giant Alibaba Group Holding Ltd, is in talks with banks to raise $2 billion to $3 billion in debt.

19 Oct 2016

Yahoo revenue rises 6.5%; net income rises to $162.8 million

Yahoo Inc reported a 6.5 percent rise in quarterly revenue on Tuesday, positive news for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach.

18 Oct 2016

Yahoo profit beats estimates as emerging businesses shine

Yahoo Inc reported better-than-expected quarterly adjusted profit on Tuesday, a boost for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach.

05 Sep 2016

Indonesia asks Alibaba's Jack Ma to advise its e-commerce development

JAKARTA/BEIJING - Indonesia has asked the chairman of China`s Alibaba Group Holding Ltd, Jack Ma, to act as adviser in the development of the Southeast Asian country`s nascent e-commerce industry, according to a video released by the government.

Alibaba Group Holding Ltd

11 Aug 2016

Alibaba's revenue beats estimates with 59% jump; mobile revenue soars

Chinese e-commerce giant Alibaba Group Holding Ltd reported a better-than-expected 59 percent jump in quarterly revenue on Thursday, defying a slowdown in the Chinese economy.

Alibaba Group Holding Ltd

03 Jun 2016

Amid SEC probe, Jack Ma says hard for US to understand Alibaba: Report

BEIJING: Alibaba Group Holding Ltd , whose accounting practices are under investigation by U.S. regulators, is a difficult company for the United States to understand, Executive Chairman Jack Ma said in an interview to Chinese media on Friday.

Alibaba Group Holding Ltd

25 Jan 2016

Alibaba revenue growth seen slowest on record

Chinese e-commerce giant Alibaba Group Holding Ltd is expected to post its weakest quarterly revenue growth on record, Thomson Reuters data shows, a slowdown analysts say will heat up the battle with smaller rival JD.com Inc in a tougher economy.

09 Dec 2015

Yahoo shelves plan to spin off Alibaba stake

Yahoo Inc said on Wednesday it had shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd, citing tax concerns, and will instead create a separate company to hold the rest of its assets.

Alibaba Group Holding Ltd

12 Oct 2015

Counterfeit products hurt Alibaba as well as China: Jack Ma

Counterfeit products hurt Alibaba and China's economy as the sale of one fake product could lead to the loss of five customers, co-founder of Chinese e-commerce company Alibaba said.

14 Sep 2015

Alibaba shares could fall another 50%, says Barron's cover story

The reasons the weekly financial newspaper gave for the dour outlook: China`s struggling economy, increasing competition in e-commerce and more scrutiny of the company`s culture and governance.

Alibaba Group Holding Ltd

14 Jun 2015

Alibaba to launch Netflix-like video streaming service in two months

Alibaba Group Holding Ltd will launch an online video streaming service in China in about two months, hoping to emulate the U.S.`s Netflix Inc and HBO, the firm`s head of digital entertainment said on Sunday.

Chinese e-commerce

10 Jun 2015

Alibaba's Ma, visiting New York, says not in America to compete

Chinese e-commerce titan Alibaba Group Holding Ltd does not want to fight for U.S. market share but instead hopes to help small US businesses sell more goods in China, Executive Chairman Jack Ma said.

Chinese e-commerce

21 May 2015

Alibaba-backed Baozun prices $110 mn US IPO, below expectations

Chinese e-commerce company Baozun Inc, backed by Alibaba Group Holding Ltd, raised $110 million in a U.S. share offering, less than investors had initially expected, after pricing the deal below its own indicative range.

21 May 2015

Tax scare on Yahoo's Alibaba stake spin-off seen premature

Yahoo Inc`s planned spin-off of its stake in Alibaba Group Holding Ltd is likely to proceed on a tax-free basis, analysts said, as Yahoo shares regained most of their losses after concerns of a possible change in U.S. tax rules spurred a slide on Tuesday.

Alibaba Group Holding Ltd

12 May 2015

Alibaba rolls out 3-hour delivery service for healthcare goods

Chinese online shopping giant Alibaba Group Holding Ltd is rolling out a three-hour delivery service for healthcare goods, mimicking rival JD.com Inc.

09 Mar 2015

Starboard urges Yahoo to buy back up to $4 bn of shares

Yahoo Inc shareholder Starboard Value LP said the company`s spinoff of its stake in Alibaba Group Holding Ltd was a "good first step" but it could do more, including a share buyback of up to $4 billion.

Alibaba Group Holding Ltd

28 Jan 2015

China regulator blasts Alibaba for illegal business on its websites

A China regulator has accused Alibaba Group Holding Ltd of failing to clean up what it called illegal business deals on the e-commerce titan`s platforms, in an unusually strong government criticism of one of the country`s biggest private companies.

28 Jan 2015

Yahoo announces plan for tax-free spin off of Alibaba stake

Yahoo Inc unveiled a plan for a tax-free spin-off of its 15 percent stake in China`s Alibaba Group Holding Ltd, a first step in a highly-anticipated process to unwind the holding, which is valued at roughly $40 billion.

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