The news led to shares of Alibaba Group slipping 3 per cent at the close of trading in Hong Kong — touted as the biggest setback since August 18…reports Asian…
China’s central bank also announced to slap a 7.123 billion yuan (around $1 billion) fine on Ant Group, the fintech affiliate of Alibaba…reports Asian Lite News China has slapped hefty…
The report also mentioned that the company sees the creation of the six businesses as a way to be more agile….reports Asian Lite News Chinese tech giant Alibaba on Tuesday…
In a separate move, Jeff Zhang will focus on his role as head of the Alibaba DAMO Academy and no longer serve as President of Alibaba Cloud Intelligence….reports Asian Lite…
Zomato’s share price has fallen over 55 per cent this year, amid senior level exits and job cuts….reports Asian Lite News Chinese behemoth Alibaba is set to sell its shares…
Alibaba reported a 50 per cent drop in net income to 22.74 billion yuan ($3.4 billion) in the June quarter, down from 45.14 billion yuan in the same period last…
Jack Ma’s Chinese name, Ma Yun, has only two characters. (CCTV later quietly updated its original report to match Hu’s assessment)…reports Asian Lite News Alibaba, co-founded by Chinese e-commerce giant…