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Page 7 - Alibaba

Alibaba's $10 bn buyback fails to halt stock dip as regulatory worry mounts

Alibaba shares slumped 9% to their lowest since June on Monday, as the firm's upsized $10 billion buyback programme failed to ease concerns about a regulatory crackdown

Alibaba's $10 bn buyback fails to halt stock dip as regulatory worry mounts
Updated On : 29 Dec 2020 | 9:00 AM IST

Alibaba antitrust fears drive $200 billion Chinese tech selloff

Alibaba and its three largest rivals -- Tencent Holdings Ltd., food delivery giant Meituan and JD.com -- have shed nearly $200 billion over two sessions since Thursday

Alibaba antitrust fears drive $200 billion Chinese tech selloff
Updated On : 29 Dec 2020 | 1:18 AM IST

With Alibaba investigation, China gets tougher on technology firms

China has produced its own crop of powerful internet titans, and they have been celebrated as icons of the nation's technological advancement.

With Alibaba investigation, China gets tougher on technology firms
Updated On : 26 Dec 2020 | 3:52 AM IST

China launches probe into Jack Ma's Alibaba over monopoly allegations

Regulators said separately they've summoned affiliate Ant Group Co. to a meeting intended to promote fair competition and consumer rights

China launches probe into Jack Ma's Alibaba over monopoly allegations
Updated On : 25 Dec 2020 | 1:57 AM IST

Beijing should look within: Jack Ma's Alibaba is China's own creation

Alibaba's 20-year rise to supremacy is due in no small part to government policies, which protected and coddled the now-booming internet sector

Beijing should look within: Jack Ma's Alibaba is China's own creation
Updated On : 24 Dec 2020 | 10:14 PM IST

Here are the key events behind China's investigation into Alibaba Group

China has launched an investigation into Alibaba Group for suspected monopolistic behaviour and will summon its Ant Group to meet in coming days, regulators said

Here are the key events behind China's investigation into Alibaba Group
Updated On : 24 Dec 2020 | 9:46 AM IST

Asian stocks and pound cheer Brexit, Alibaba slumps on monopoly probe

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.14%. Australian stocks advanced by 0.57%, while Tokyo shares rose 0.4%

Asian stocks and pound cheer Brexit, Alibaba slumps on monopoly probe
Updated On : 24 Dec 2020 | 9:33 AM IST

China regulators steps up pressure on Alibaba with anti-monopoly probe

Chinese regulators on Thursday announced an anti-monopoly investigation of e-commerce giant Alibaba Group, stepping up official efforts to tighten control over China's fast-growing tech industries

China regulators steps up pressure on Alibaba with anti-monopoly probe
Updated On : 24 Dec 2020 | 9:23 AM IST

China's online shopping addiction killing Xi's strong environmental drive

As President Xi Jinping pushes for stronger environmental protection and consumers grow more eco-conscious, the nation's e-commerce giants are under pressure to find greener ways

China's online shopping addiction killing Xi's strong environmental drive
Updated On : 21 Dec 2020 | 8:54 AM IST

Trump signs bill that could remove Chinese stocks from US markets

The measure, which could affect corporate giants like Alibaba Group Holding Ltd. and Baidu Inc., serves as another parting shot at Beijing before Trump leaves office in January

Trump signs bill that could remove Chinese stocks from US markets
Updated On : 19 Dec 2020 | 8:33 AM IST

Ant Group stops offering sales of online deposit products at Chinese banks

Ant has "voluntarily removed" the online deposit products from Alipay "in accordance with the recent regulatory requirements for online deposits services," according to a company statement

Ant Group stops offering sales of online deposit products at Chinese banks
Updated On : 19 Dec 2020 | 1:55 AM IST

Antitrust laws: China fines Alibaba, Tencent for failing to report deals

The State Administration of Market Regulation said in a statement that it had taken the decision after reviewing deals the firms were involved in

Antitrust laws: China fines Alibaba, Tencent for failing to report deals
Updated On : 14 Dec 2020 | 11:28 AM IST

Trump expected to sign bill that may delist Chinese companies: White House

The move could hit companies such as Alibaba, tech firm Pinduoduo Inc and oil giant PetroChina Co Ltd

Trump expected to sign bill that may delist Chinese companies: White House
Updated On : 03 Dec 2020 | 5:18 PM IST

Tata Group in advanced talks to buy 80% stake in BigBasket for $ 1.3 bn

Mumbai-based Tata Group, with a combined revenue of about $113 billion and marquee brands such as Jaguar Land Rover and tea maker Tetley, is scouting for local e-commerce assets

Tata Group in advanced talks to buy 80% stake in BigBasket for $ 1.3 bn
Updated On : 02 Dec 2020 | 10:42 AM IST

Meituan Q3 sales surge on China's economic recovery, rise in takeouts

Food delivery continued to recover from the pandemic, with operating profit for the business more than doubling in the September quarter, the company said on Monday

Meituan Q3 sales surge on China's economic recovery, rise in takeouts
Updated On : 30 Nov 2020 | 10:29 PM IST

Alibaba, Tencent pause talks to buy iQIYI stake due to concerns: Report

TikTok owner ByteDance has also internally looked at the possibility of acquiring a controlling stake in iQIYI

Alibaba, Tencent pause talks to buy iQIYI stake due to concerns: Report
Updated On : 28 Nov 2020 | 2:12 AM IST

'Financial stability is political': Inside China's crackdown on tech giants

President Xi Jinping urged financial regulators to 'dare to' master their supervisory role

'Financial stability is political': Inside China's crackdown on tech giants
Updated On : 26 Nov 2020 | 1:03 PM IST

Small traders likely to feel the pinch as govt bans 43 mobile apps

Small to medium businesses key user base of logistics and transport apps Lalamove and Drive by Lalamove

Small traders likely to feel the pinch as govt bans 43 mobile apps
Updated On : 26 Nov 2020 | 6:10 AM IST

Alibaba CEO says China's draft anti-monopoly rules 'timely and necessary'

Zhang said Chinese internet companies have moved to the forefront of the global industry with the help of government policies, but regulations need to evolve

Alibaba CEO says China's draft anti-monopoly rules 'timely and necessary'
Updated On : 24 Nov 2020 | 12:57 AM IST

Top headlines: Govt asks CPSEs for larger share, economy on revival path

From Centre asking CPSEs to pay dividends on quarterly basis to RBI policymakers sparring over high inflation forecast, Business Standard brings you the top headlines of the day

Top headlines: Govt asks CPSEs for larger share, economy on revival path
Updated On : 13 Nov 2020 | 5:51 PM IST