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Alibaba, founded in 1999 to link foreign retailers with Chinese producers of goods from costume jewelry to industrial hoses, also has stepped up its focus on its home market. Since the start of ...
BEIJING (AP) — Alibaba Group's U.S. stock offering is a wakeup call about an emerging wave of technology giants in China's state-dominated economy. Until now, Chinese companies that made a ...
Alibaba (NYSE:BABA) shares gained more than 6.5% on Thursday after first-quarter results beat estimates. Non-GAAP earnings rose 48% year-over-year to RMB17.37, or $2.40 per ADS. Revenue grew 14% ...
Alibaba counts around 1.3 billion annual users across its marketplaces who generated over $1.3 trillion in gross merchandise value (GMV) for the year to March 2022.
SINGAPORE—Chinese internet titan Alibaba BABA -2.95% Group Holding once seemed invincible. Now, it is stuck in a slump. The e-commerce giant was a major driver of China’s growing consumer ...
Alibaba said Tuesday that it would spin off Cainiao, its logistics arm, in what will be the conglomerate’s first initial public offering since it announced a sweeping revamp of its business ...
BEIJING – Alibaba Group’s U.S. stock offering is a wake-up call about an emerging wave of technology giants in China’s state-dominated economy.
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