Alibaba's U.S.-listed shares were nearly 2% higher in morning trading Wednesday. Ma all but disappeared from public life at the end of 2020, after Chinese regulators pulled the plug on the massive ...

In late December, CEO Eddie Wu took direct control of Alibaba’s e-commerce operations. Alibaba reported $36.6 billion in revenue for the quarter ending Dec. 31, 2023, a 5% increase year-on-year.

In 2020, Xi's administration halted the IPO of Ant Group, Alibaba's fintech arm, which aimed to list 1.67 billion shares, 11% of its shares, on the Hong Kong and Shanghai stock exchanges.

Jack Ma, founder of Alibaba Group Holding, responded to the resignation letter of a long-term employee on Tuesday, a rare move for the tech veteran who stepped back from all corporate roles in 2019.

SHANGHAI (Reuters) -Alibaba co-founder Jack Ma has penned a rare lengthy memo to employees that expresses support for the internet giant's restructuring efforts, a sign that he may be willing to ...

HONG KONG — Alibaba’s co-founder and executive chairman, Jack Ma, said he planned to step down from the Chinese e-commerce giant on Monday to pursue philanthropy in education, a changing of ...