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Monday, June 17, 2019

Tag: Alibaba

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.

China’s ‘red packets’ go digital over Lunar New Year

Tencent-owned WeChat said the tally marked a 7% rise over the same period in 2018.

Chinese upstart company to raise over US$1 bil in Alibaba Challenge

Shanghai-based Pinduoduo Inc plans to sell 37 million American depository shares according to a securities filing.

Malaysia to be first in Asia to initiate Alibaba Netpreneur training...

The programme is aimed at enabling entrepreneurs to embrace digital innovations to transform their businesses and the country’s economy, says Alibaba group vice-president Brian Wong.

Alibaba’s Ma, NBA star Yao among 110 honoured by Communist Party

China State media revealed last month that Ma - e-commerce giant Alibaba's founder - was a Communist Party member.

Alibaba mulls joining Megvii’s US$500 million round

Megvii’s other investors include Boyu Capital, Ant Financial, SK Group, and the Russia-China Investment Fund, a venture backed by sovereign wealth funds of the two nations.

Club Med’s Chinese owner launches US$548 Million Hong Kong IPO

In addition to Club Med SAS, Fosun Tourism owns Atlantis Sanya, a luxury hotel development overlooking the South China Sea on Hainan island.

Jack Ma a Communist Party member, says report

It was unclear why the paper chose to mention his affiliation now but it comes amid a push by Beijing to bring the country's private enterprises more in line with Party values.

Alibaba inks deal with local supplier to export Musang King

Durian supplier Beho Fresh will be supplying Win-Chain with frozen whole Musang King durians for distribution on Tmall and other Chinese retail marketplaces owned by Alibaba.

Xiaomi has chance to justify lofty valuation after 23% slide

Founder Lei Jun describes Xiaomi as an innovation-driven internet company, yet that’s only accounted for an average 9.2% of total revenue in the past two quarters.

Dr M saran rakyat pelajari kecerdasan buatan

Ia merujuk e-dagang China, Alibaba yang berupaya menganalisis sejumlah besar data tanpa menggunakan minda tetapi mesin untuk mengetahui apa yang boleh dipasarkan.

Alibaba sets Singles’ Day sales record with 8 hours still to...

Popular items purchased overseas included mobile phones, wool coats and knitted sweaters.

A look back at Singles’ Day: How shopathon has grown since...

Here is a history of Singles’ Day through the years.

‘Ababis’ and ‘Star Wnrs’: Knockoffs thrive in China e-commerce

While the majority of products sold are genuine, imitations abound.

Alibaba Singles’ Day sales hit US$10 billion in first hour

A disproportionately large number of sales are recorded in the first minutes of the 24-hour spending spree, when transactions are recorded for items that have been put on hold.