Page 2 - Alibaba Group

RBI punished Paytm Payments Bank for data leaks to Chinese firms: Report

Annual inspections by RBI found that the company's servers were sharing information with China-based entities that indirectly own a stake in Paytm Payments Bank, says a source

Alibaba reports smallest rise in quarterly revenue, misses expectations

The slowing Chinese economy has taken a toll on the e-commerce company, as consumers cut back discretionary spending

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.

Alibaba Group Holding seeks to exit media firm after Beijing's scrutiny

The e-commerce giant, which made the purchase only nine months ago, is seeking a waiver from a one-year lock-up agreement, the filing showed.

Beijing doubles down on tech data and companies listed overseas

In a flurry of action Friday, authorities summoned the country's largest technology companies for a warning on data security, vowed tighter oversight of overseas share listings

China fines tech giants for spreading content exploiting children

China's internet watchdog said Wednesday it has fined platforms operated by e-commerce company Alibaba and gaming firm Tencent

Jack Ma to step down as head of business school he founded, amid clampdown

Chinese billionaire Jack Ma will be stepping down as the President of Hupan, an elite business school he founded, in the face of government pressure on the tech industry

Alibaba reports first operating loss as a public company due to record fine

Alibaba forecast annual revenue to be 930 billion yuan ($144.12 billion) for the fiscal year ended March 2022, above analysts' average estimate of 928.25 billion yuan.

Alibaba aims to report strong financial earnings, after $260 billion slide

Alibaba has agreed to a record $2.8 billion penalty from Beijing and vowed to change certain practices deemed anti-competitive.

Tata to finally enter online grocery with CCI nod to BigBasket stake deal

With this, Tata Digital will buy 64.3% stake in Supermarket Grocery Supplies and also be sole control over Innovative Retail Concepts, which runs BigBasket's online retail biz

Chinese regulator orders Ant Group to carry out a major overhaul

Ant Group is a financial affiliate of e-commerce giant Alibaba Group Holding

Fine, thank you, says Alibaba Group after China's $2.8-billion penalty

It's a sign of how odd China's crackdown on the power of big tech has been compared with the rest of the world

Tencent raises $8.3 billion with its biggest offshore syndicated loan

The deal comes amid a flurry of debt financings by tech giants, with Alibaba Group Holding Ltd. issuing $5 billion of bonds in early February

Alibaba's $38-billion bond sale shows confidence among Jack Ma fans

The four-tranche offer received more than $38 billion in orders at the peak, according to people with knowledge of the matter

Alibaba Group Holding sales beat estimates as regulatory headwinds loom

Net income attributable to shareholders rose 52 per cent to 79 billion yuan

Alibaba Group plans to sell up to $8-billion bonds in show of strength

The company aims to raise at least $5 billion but could wind up with more depending on the reception, according to people familiar with the matter

Alibaba Group to shut down Xiami streaming platform on February 5

Xiami is a music streaming app

Alibaba Group increases share repurchase programme to $10 billion

Alibaba Group Holding said on Sunday its board has authorised an increase in the company's share repurchase programme to $10 billion from $6 billion

Key events behind China's probe into Alibaba for monopolistic behaviour

China has launched an investigation into Alibaba Group for suspected monopolistic behaviour in the latest blow for Jack Ma's e-commerce and fintech empire

SoftBank Group debates new strategies to go private via gradual buyout

Masayoshi Son wouldn't buy more shares himself, but his ownership stake, now about 27 per cent, would increase as other investors sell stock