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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 ...
Tam also regarded separating management between Alibaba Group and its cloud unit as an improvement of corporate governance. “We highlighted that the greater independence of Alibaba Cloud from ...
Ant Group's potential IPO is a major, overlooked catalyst, with Alibaba holding a 33.3% stake. Read why I think BABA stock is a buy.
Alibaba Group said on Wednesday its chief executive would directly oversee its domestic e-commerce arm, with the unit's previous head turning her focus to managing non-core assets as the group ...
Alibaba Group Holding Ltd. is taking the first steps toward revamping its cloud business by overhauling its leadership, aiming to revive growth and ride an AI boom after canceling a much ...
Alibaba Group will embrace artificial intelligence (AI) and promote younger people to senior management, its new CEO says, as the e-commerce and cloud giant tackles its most ambitious ...
Alibaba Group Holdings BABA HK:9988 said in a filing Sunday that it will not participate in Ant’s share buyback program. It allows shareholders to sell back up to 7.6% of their holdings at an ...
Alibaba Group has chosen Jonathan Lu, its Chief Data Officer who has more than a decade of experience in executive roles, to lead China's largest e-commerce company as it prepares to launch an ...