Page 8 - Alibaba

Alibaba, JD.com say US was top seller to China during Singles' Day event

BEIJING/SHANGHAI (Reuters) - Alibaba <9988.HK> and JD.com said the United States was the top seller of goods to China during the Singles' Day shopping extravaganza that generated about $116 billion in merchandise volume for the pair.

Tech giant Alibaba leads nearly $290-billion Chinese internet selloff

China has proposed new regulations aimed at curbing the power of its biggest internet companies

China's Alibaba says post-coronavirus Singles' Day sales hit $75 billion

The world's biggest sales event - eclipsing Black Friday and Cyber Monday in the United States - spanned four main days this year

Alibaba launches China's Singles' Day shopping event, to boost economy

This year's online shopping extravaganza also comes a week after Alibaba lost almost $76 billion of its market value

China gears up for world's largest online 'Singles' Day' shopping festival

A survey by consulting firm Oliver Wyman found that 86% of Chinese consumers are willing to spend the same as or more than during last year's Singles' Day festival

Jack Ma was right: Can't regulate an online lending platform like a bank

China's yearslong deleveraging campaign to weed out bad actors in its financial underbelly should be a lesson

Ant's botched IPO: Inside the chaotic unraveling of Ma's $35 bn stock debut

Experts indicate that Jack Ma's open criticism of Chinese government's approach to financial regulation may have invited the ire of the all powerful Chinese state

Alibaba revenue up 30% as coronavirus drives demand for e-commerce

China's biggest e-commerce firm Alibaba Group Holding on Thursday reported a 30 per cent jump in quarterly revenue, as China recovers from the virus and online shopping demand remains high. Alibaba reported revenues of 155.1 billion yuan (USD 23.4 billion) for the three months ended September. Its profit was down 60 per cent to 28.8 billion yuan (USD 4.4 billion) compared to the same time last year, when it reported a one-time gain after it took a 33 per cent stake in its financial affiliate Ant Group. The company saw its stock plunge nearly 10 per cent in Hong Kong on Wednesday, following a 8.1 per cent fall in New York on Tuesday, after Chinese regulators on Tuesday suspended the initial public offering of Ant Group on the Shanghai stock market just days before its trading debut. Regulators halted the IPO, stating that the regulatory environment had changed significantly and that Ant Group may thus not meet listing qualifications or disclosure requirements. On Monday, China had .

Ant's botched IPO: How China shot itself in foot, lost a golden opportunity

The Shanghai Stock Exchange's surprise suspension of Ant Group's record-breaking initial public offering Tuesday night changed the landscape

China blocks Jack Ma's Ant IPO, world's biggest: All you should know

In this podcast, Business Standard's Samie Modak explains reasons behind the halt and the way forward for Jack Ma

With billions on the line, China halts Ant Group's IPO; Jack Ma summoned

The move upends what had been one of China's biggest business success stories

China warns Jack Ma, Ant Group on rapid expansion citing regulatory risks

Ant has faced censure in Chinese state media after Ma last month criticized local and global regulators for stifling innovation

Alibaba's secret three-year experiment to modernise China's old factories

Alibaba claims it is able to cut order lead times by 75% with its solutions

Ant Group's Shanghai retail book listing 872 times oversubscribed

Ant is poised to raise about $17.2 billion on Shanghai's STAR Market and roughly the same in Hong Kong, shattering the record set by Saudi Arabian Oil Co

A blockbuster $34.5 bn IPO: Here is what's at risk for Jack Ma's Ant Group

Ant's meteoric rise was made possible in part by China's willingness to let it experiment

Jack Ma to become richer than Walmart heirs with mega Ant Group IPO

Ma's 8.8% stake is worth $27.4 billion based on the stock pricing in Hong Kong and Shanghai

Investors line up for Ant Group's $34.4 bn IPO despite scrutiny threats

Jack Ma, the billionaire founder of Ant and affiliate Alibaba Group Holding, said it was a "miracle" that such a large listing is taking place outside New York

Alibaba Group's Jack Ma slams financial regulators' curbs on innovation

'World focussing only on risk control, not on development; Basel norms irrelevant for China's phase of development'

China's Ant Group wins Hong Kong nod for $35 billion dual listing: Report

Backed by Chinese e-commerce giant Alibaba Group Holding Ltd , Ant passed the hearing with the exchange's Listing Committee on Monday

Amid Tencent challenge, Alibaba cloud to be profitable within FY21: CFO

The company, a dominant player in China's cloud market, is fending off challenge from domestic rival Tencent 0700.HK which is also trying to capture cloud business opportunities