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Tuesday, October 15, 2019

Tag: Alibaba

China has less super-rich people this year as debt bites

First time in over 2 decades rich-list shrinks for second consecutive year.

Alibaba deals major blow to American vapers

E-commerce giant to stop sale of e-cigarette components amid growing regulatory scrutiny.

Alibaba buys a third of Jack Ma’s Ant Financial

Formerly known as Alipay, Ant Financial has grown into a US$150 billion online payment business in China.

China steps up government presence at Alibaba, private giants

Wahaha Group and Zhejiang Geely among the other companies to have been singled out.

Bersara paling cool: Jack Ma rancang 10 tahun, pencen dengan gaya...

Jack Ma bersara di umur 55 tahun sebagai pengerusi dan CEO Alibaba dan akan lebih focus kepada kerja kebajikan bantu orang ramai.

Smooth succession: Jack Ma eases out of a thriving Alibaba

Ma will officially leave Alibaba on his birthday next Tuesday, and plans to put his vast fortune into education initiatives.

Audience left disappointed by Musk and Ma’s ‘safe’ discussion

Speculation was rife that Elon Musk and Jack Ma could use the podium to talk about issues such as the US-China trade frictions.

Alibaba’s US$15 bil conundrum: Amid HK’s protests, when should they list?

Two sources involved in the deal say Alibaba's thinking on the deal is ‘fluid’ and the company is considering several timetables.

Alibaba president Michael Evans among 17 charged over 1MDB scandal

Evans is the international face of China’s e-commerce leader and helped orchestrate the Chinese giant’s push into Southeast Asia by purchasing a stake in Lazada.

China prepares to allow investors to buy Xiaomi, Meituan shares

Xiaomi Corp and Meituan Dianping are the first major tech firms to go public using the dual-class shares regulation.

Asia Pacific online sales to reach US$1.6 trillion by 2023

The rise of the marketplace model is cited as a major factor in the continuous growth of digital commerce.

Alibaba unveils first chip as China pushes for independence

Xuantie is the first fully formed product to emerge from a chip-making subsidiary Alibaba set up last year to power its foray into cutting-edge circuity.

Durian Musang King dari Malaysia mula dijual di China

Durian ‘frozen’ dalam bentuk buah mula dihantar ke China melalui rangkaian kedai Alibaba

Chinese tech companies are coming for America’s influencers

China’s largest technology companies are gunning for YouTube’s biggest stars.

Alibaba files for HK listing that may raise US$20 bln as...

Alibaba's Hong Kong listing could raise up to US$20 billion as early as the third quarter of this year, predicts a source.

Hong Kong’s Alibaba craze may finally pay off with mega-deal

Chinese e-commerce giant Alibaba Group Holding Ltd. is said to be mulling a new listing in Hong Kong that would raise US$20 billion from investors.

Alibaba is said to weigh raising US$20 bil via second listing

Alibaba is looking at raising US$20 billion via a second listing in Hong Kong after a successful 2014 record breaking market in New York.

Alibaba and Sena to develop smart traffic solution to ease congestion

The collaboration will see the utilisation of cloud-empowered smart technologies to digitally transform the traffic management infrastructure in the city, with the potential to reduce travel time by 12%.

Alibaba results beat analyst estimates

Revenue for the January-March period rose 51% year on year to 93.5 billion yuan, while net profit was 25.8 billion yuan.

Alibaba Cloud mulls global push while trouncing Amazon at home

The cloud business underpins Alibaba’s revenue growth, helping it offset saturation in its home e-commerce arena.

Alibaba Group is said to seek its cheapest ever dollar loan

If Alibaba's successfully negotiates with banks to amend terms of its existing US$4 billion borrowing, it may get its cheapest dollar-denominated syndicated loan ever.

Alibaba invests US$693 million for stake in Chinese courier STO Express

Alibaba will take a 14% stake in STO Express through a US$693 million deal.

China’s Sun Art profit misses estimates, store sales fall

Sun Art is also backed by China's biggest e-commerce company Alibaba.

Alibaba sees more China-Hollywood deals after `Green Book’ win

Alibaba Group Holding is eyeing more Hollywood movies after the success of 'Green Book' at the Oscars and also expects more US exports into China.