Alibaba News

Companies

Jack Ma's Alibaba briefly loses China e-commerce crown to rival PDD, marks shift in industry

A brief switch in positions occurred during Thursday's trading session, where Alibaba's market value slipped to around $187 billion, below that of PDD at $188.3 billion

2 min read1 Dec 2023
Videos

Jack Ma Visits Pakistan; Social Media Abuzz With Business Deal Rumours | Report | In Focus

Almost 3 years since his disappearance in 2020, Jack Ma, the Alibaba founder was seen in the unlikeliest of locations. On June 29th, the high-profile Chinese billionaire was seen in Pakistan! As soon as news of what’s being called a personal visit became public, social media users started speculating about the purpose of his visit. The Express Tribune reported that Ma arrived in Lahore on June 29 and stayed there for around a day. This is his first public appearance since his whereabouts suddenly became unknown to the rest of the world in 2020.

3 Jul 2023
Companies

Alibaba Group announces new chairman and CEO in surprise succession plan

Alibaba Group Holding Ltd. announces new Chairman and CEO, with Executive Vice Chairman Joseph Tsai as chairman and Eddie Yong as CEO, replacing Daniel Zhang.

1 min read20 Jun 2023
Videos

Alibaba Announces Restructuring into Six Independent Business Units #alibaba #alibabanews #mint

Click here to download the Mint App https://livemint.onelink.me/MrDS/p0kx3pdg

9 Apr 2023
Videos

Alibaba Announces Restructuring into Six Independent Business Units | Mint Explains | Mint

There's been talk of a possible break-up for a while now. It seems that Chinese regulators have been concerned about the company's market power for some time.

9 Apr 2023
News

Alibaba to decide on control over six business units after IPOs

After these units go public, Alibaba will continue to evaluate the strategic importance of these companies and will decide whether or not to continue to retain control.

1 min read30 Mar 2023
Industry

For Alibaba, Six Is Bigger Than One—And a Smaller Target

There are good reasons to think a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same direction.

2 min read29 Mar 2023
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News

Alibaba beats quarterly revenue estimates as COVID curbs ease

Alibaba beats quarterly revenue estimates as COVID curbs ease

1 min read23 Feb 2023
Companies

After Microsoft and Google, THIS Chinese company joins global chatbot race

The announcement comes days after Chinese search giant Baidu said it would complete testing of its AI chatbot in March.

1 min read9 Feb 2023
News

Jack Ma will no longer be Hundsun Technologies' controller

Hundsun Technologies says Jack Ma will no longer be its controller

1 min read8 Jan 2023
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