Page 4 - Alibaba Group

Alibaba Group to offer $144 million in subsidies as shopping suffers

Alibaba's announcement comes as the e-commerce giant wrestles with depressed consumer spending in China

Mukesh Ambani set to build Alibaba-like $24-bn e-commerce giant for India

The move is the latest sign of the Reliance group's pivot towards data and digital services for future growth, as it builds an online platform to take on the likes of Amazon and Flipkart in India

Alibaba's Ant Financial applies for Singapore digital banking licence

The Monetary Authority of Singapore (MAS) has said it will issue five such licences, as it embarks on the biggest liberalisation of its banking sector in two decades

Alibaba Group rejigs brass, names veteran Simon Hu as CEO for Ant Financial

Cheng Li, chief technology officer for Ant, will move over to become CTO for Alibaba Group

Softbank's Son reiterates his belief in gut-led investing in chat with Ma

SoftBank owns 26% of China's Alibaba, with its origin in a $20 million investment in 2000, and the stake is now worth more than the Japanese firm's market capitalization

Alibaba-backed AutoX seeks permit to test driverless cars in California

Google-backed Waymo is the only company so far to have secured a full license for testing without a safety driver

Alibaba's stellar HK debut

Asian businesses now have access to large, new capital

Alibaba braves political unrest, raises $11 bn in biggest Hong Kong listing

One question now is how Alibaba will put the money to work

Alibaba's books close early in $13.4 bn Hong Kong listing: Report

Alibaba's closing price on Tuesday in New York will be used to set the final price that institutional investors will pay for the Hong Kong listed stocks

Alibaba's $13.4-bn institutional bookbuild already covered 'multiple times'

Retail investors will not pay more than $HK188 per share, a statement from the company published on Friday showed

Here's why Alibaba listing in Hong Kong such a big deal for the city

Alibaba postponed its listing plans over the summer as political protests that began in June worsened

How Alibaba founder Jack Ma is ripping a $12 trillion stock market

On Monday, China's largest e-commerce company logged more than $38.3 billion of purchases during its annual Singles' Day shopping event, a new record

Alibaba's $38-bn Singles' Day sales: Jack Ma not impressed, expected more

Launched in 2009, Singles' Day has become China's version of US online sale event Cyber Monday

Alibaba to expand local delivery, services platform after $13-bn HK listing

Alibaba also plans to spend more on developing Youku, which the company says is one of the leading online video platforms in China.

Alibaba Group geared for blockbuster $13.4-billion listing in Hong Kong

A sale of that size will dilute existing shareholders by 2.8% and investors will be able trade shares

Alibaba-backed EV firm XPeng raises $400 mn from Xiaomi, others for growth

The fundraising comes at what bankers and industry insiders describe as an increasingly tough financing environment for Chinese EV startups which must jostle for attention in a crowded sector

Alibaba stare at another record as Singles' Day sales hit $28.63 billion

Within the first two hours, the total GMV exceeded $17.24 billion, surpassing the total GMV of 2016 11.11

Alibaba group adds JP Morgan, Citigroup for Hong Kong November listing

The Chinese e-commerce giant plans to start taking investor orders on November 15, after its Singles' Day sale, and price the offering on November 20, the people said

11.11 UC Shopping Fest: UC Browser partners with Paytm Mall, Paytm First

On November 11, a big treasure box is up for grabs with the opportunity to win the whole 5 listed products for free.

China's Alibaba plans to launch $15-bn Hong Kong listing by Nov-end

The company had been working on an August listing in Hong Kong but the transaction was put on hold due to anti-government protests in the city creating financial and political uncertainty