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The Latest Breaking News from Alibaba

Alibaba's Strategic Move: Cainiao Buyback Targets Rivals Overseas

Alibaba strengthens logistics arm Cainiao through strategic buyback to boost global competitiveness.

Top News

Alibaba Calls Off Logistics IPO That Was Part of Big Restructuring Plan

Alibaba dropped a spinoff plan for its Cainiao logistics unit, the latest restructuring plan setback.

Investors Business Daily

Alibaba Scraps Cainiao IPO Plans Amid Challenging Market Conditions

Alibaba Group Holding Ltd. announced on Tuesday its decision to abandon the long-anticipated initial public offering (IPO) for its smart logistics arm, Cainiao.

International Business Times

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Meituan Beats Q4 Estimates With Strong Financial Results

Meituan's Q4 success, Ping An's impact, US-China relations, and investor sentiment in Asian markets.

Top News

Asian Equities Show Mixed Performance As Tech Stocks Gain Momentum.

Asian equities show mixed movements with slight gains in Hong Kong and Mainland China. Notable stock movements include Tencent, AIA, Alibaba, and Li Auto.

Top News

Pinduoduo's Net Profit Nearly Doubles In 2023

Pinduoduo, a rising Chinese online retailer, reports a significant profit increase in 2023 but faces global scrutiny.

Top News

Alibaba claims it will launch a server-grade RISC-V processor this year

Alibaba continues to flex its RISC-V muscle, expects to roll-out datacenter-grade RISC-V CPU this year.

Tom’s Hardware

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Shanghai Composite Index Rose 0.55% on Wednesday

Shenzhen Component Index closed up 0.21%

Caixin Global

Shanghai Composite Index Fell 0.72% on Tuesday

Shenzhen Component Index closed down 0.58%

Caixin Global

Miyazaki's 'The Boy And The Heron' To Release In China

Discover the debut of 'The Boy and the Heron' in China, with Alibaba Pictures and Studio Ghibli's partnership enhancing the animation market. The film's gl...

Top News

Shanghai Composite Index Fell 0.18% on Thursday

Shenzhen Component Index closed down 0.52%

Caixin Global

Alibaba Plans $640 Million Investment in Hong Kong’s Entertainment Industry

And action … Alibaba plans to spend the money on film production, copyright purchases, harnessing talent and building venues

Caixin Global

PDD Stock Rises As One Analyst Upgrades Temu Parent To Buy, Another Downgrades View

PDD stock got a boost following an upgrade from Jefferies. But Goldman Sachs downgraded PDD the same day. Here's why.

Investors Business Daily

Jack Ma's Journey: From Humble Beginnings To Billionaire Success

Explore the inspiring journey of Jack Ma, from humble beginnings to building a business empire, emphasizing resilience, innovation, and philanthropy.

Top News

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Caixin Global

Weekly Must-Read: Nobel Laureate Economists Suggest China Tap Ordinary People’s Innovation

Michael Spence and Edmund Phelps say growth hinges on pivot from foreign trade to domestic demand

StockNews.com

Alibaba (BABA) and Amazon (AMZN) - Unveiling the Unbeatable Reasons to Buy

With rapid e-commerce expansion, the upsurge in social media networking, and the emergence of new, advanced technologies, the internet industry is flourishing. Amid this, let’s analyze compelling factors that make internet stocks Alibaba (BABA) and Amazon (AMZN) ideal buys now. Continue reading….

Top News

Exploring The Top 10 Tech Ceos Of The Decade

Explore the top 10 most influential tech CEOs of the decade and their contributions to the industry.

TechRadar

Alibaba Cloud is slashing prices in China to help fuel AI push

Some Alibaba Cloud products will hit less than half price as the country gears up for the future of AI.

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news in one place.

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International Business Times

Walmart Is Beginning To Look Like Amazon, Winning The War Of Unified Commerce

In recent years, Walmart seems to be doing everything right. The retailer paid big bucks to hire top software development talent. It acquired digital properties to expand its online sales scale and scope and developed its version of Amazon's Prime program.

Caixin Global

Shanghai Composite Index Rose 0.55% on Friday

Shenzhen Component Index closed up 0.28%

Top News

Alibaba announces billion share buyback program after disappointing quarterly results

Chinese e-commerce giant Alibaba Group announces increased share buyback program of billion after disappointing quarterly results.

Top News

Alibaba reports mixed results, plans share buyback to boost growth

Alibaba reports mixed results with strong growth in China E-Commerce, increased share buyback program, and focus on improving user experience. Asian equiti...

Investors Business Daily

Alibaba Q3 Revenue Beats Views As China's Internet Giant Hikes Buyback Program By $25 Billion

Alibaba reported better-than-expected fiscal third-quarter revenue and hiked its share repurchase program as the internet giant now focuses on 2024.

Investors Business Daily

Dow Jones Futures: Snap Crashes But These Stocks Jump On Earnings

The major indexes rallied for slim gains, with Palantir surging. Elf Beauty, Fortinet and Snap led earnings movers late.

International Business Times

Asian Markets Mostly Up, Hong Kong Boosted By Alibaba Rally

Most Asian markets rose Wednesday, with Hong Kong leading the pack for a second day following reports Alibaba's co-founders had bought huge stakes in the firm, a day after it emerged China was planning a blockbuster boost for the country's stuttering equities.

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