Alibaba

US Funds Shift Focus Away from China, Offloading Alibaba, Apple

Major U.S. funds are taking a more defensive stance in the face of uncertainty in the second-largest economy in the world by cutting holdings that expose them to China and concentrating more on American technology companies.

Alibaba's Future Growth Uncertain After Jack Ma Caught Chinese Government's Ire?

Alibaba has reported higher-than-expected earnings for the December-quarter. But analysts now think the earnings are not likely to be enough to secure the company's growth if the government is monitoring its every move.

Where's Jack Ma? Rumors on Where Billionaire Went in 2 Months

Jack Ma, one of the top billionaires in the world, recently reported 'missing' in China. Here are the different sources telling where to find the missing billionaire.

Alibaba seeks tougher penalties for purveyors of counterfeit goods

E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.

Swiss Watchmaker Tag Heuer Opens Flagship Store on Tmall.com

Tag Heuer launches flagship store on Tmall.com, China's largest third-party e-commerce platform for brands and retailers, in an attempt to target the internet-savvy younger generation.

Alibaba, Baidu, and 23 Other Chinese Tech Companies Pledged to Help Government Fight Online Terrorism

As a response to China’s new anti-terror law, 25 tech companies in the country have signed a pledge to help the government combat online terror activities. Under the law, tech companies are required to decrypt information for Beijing and provide assistance to keep the internet from terror-related contents.

Alibaba Hired Top Counterfeit Investigator

Alibaba Holding hired Matthew Bassiur to remove counterfeit product off its site and maintain Alibaba reputation as a global marketplace.

Ping An's Lufax Close to Complete Fundraising valued at $18 Billion

Lufax, a Chinese peer-to-peer lender and broker, is close to completing a round of fundraising valuing the company at about US$18 billion, according to people with knowledge of the matter. The company, which recently changed its name to Lu.com, is raising almost US$1 billion from the sale of a roughly 5 per cent stake, said one of the people, asking not to be identified as the information is private.

Alibaba Ventures into the Print Media Business Buying The South China Morning Post For Around $262 million

Alibaba buys The South China Morning Post for approximately US$262 million. It is being said that that the business skill of Jack Ma, the founder of the internet giant Alibaba can surely help SCMP grow.

BNP Report: Alibaba Can Expand Operations with $38B in 2016

A report from BNP Paribas estimates that Alibaba will have $38 billion to expand their operations next year.

Alibaba's stock decline despite acquisition spree is due to its traditional business strategy, says Forbes

China’s Alibaba has been acquiring companies for the past two years, but it is a wonder why its stock prices are continuously declining. Experts blame its strategy and China’s economic slowdown.

Alibaba's Jack Ma eyes South China Morning Post

Alibaba Group's founder Jack Ma is in talks to buy a stake in the publisher of Hong Kong’s South China Morning Post. The move is similar to Amazon's Jeff Bezos who tries to revive the traditional newspaper in current digital age.

Paris-Based Fashion Brands Wants lawsuit to continue against Alibaba

Kaering SA, parent company of brands such as Yves Saint Laurent and Gucci suing Alibaba Group Holding Ltd have asked a U.S. judge to be relieved of the obligation to mediate.

Alibaba breaks own record for most sales in China's Singles' Day sales with 91.2 billion Yuan

Alibaba broke its own record in the China's Single’s Day shopping event with 91.2 billion Yuan sales.

Alibaba to acquire China's version of YouTube

Alibaba is set to acquire China's version of Youtube, Youku Tudou. The deal, which is worth $3.7 billion, gives the e-commerce giant access to a digital media market that is larger than the entire population of the United States.

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Latest Stories

Solana (SOL) Eyes Breakout: Is a Price Surge Coming?

Solana (SOL) is about to see a significant price breakout. Bluntz, a well-known analyst who was successful in correctly predicting the bottom of the cryptocurrency market during the 2018 bear market, claims this.

Mortgage Application Denied: What to Do Next and Boost Your Chances

The ideal of becoming a homeowner has grown more elusive for many prospective homeowners in recent years. The cost of buying a house has increased dramatically due to a combination of skyrocketing real estate prices and rising mortgage rates, pushing budgets to the breaking point.

Short on Cash? A Guide to Using Earn-Wage Apps Safely and Affordably

Several businesses provide a lending service known as Earned Wage Access, including EarnIn. In order to help workers meet their daily necessities and pay their obligations, the applications provide tiny, short-term loans to them between paychecks.

Stand Out or Sit Down: Founders' Top Tips for New Entrepreneurs

In today's fast-paced startup ecosystem, understanding what makes a successful entrepreneur is gold dust. According to a recent CNBC-SurveyMonkey poll, young adults increasingly view entrepreneurship as a career path and a crucial pillar of their financial security.

BlackRock HBAR Explodes, Then Tumbles After Misfire on RWA Crypto Deal

Just when you thought the crypto rollercoaster couldn't get any wilder, HBAR, the native token of the Hedera Hashgraph blockchain, took investors on a head-spinning ride. Picture this: one moment, you're soaring high on rumors that BlackRock, the titan of asset management, is cozying up with Hedera. The next minute, you're free-falling faster than you can say "fake news."

Must Read

99Bitcoins Presale Hits $600k, Signaling Massive Interest in Learn-To-Earn ($1M Next?)

With the latest Bitcoin Halving chapter coming to a close, 99Bitcoins is positioning as an altcoin trailblazer for the year ahead, introducing a ground-breaking learn-to-earn strategy through the 99Bitcoins Token (99BTC). Kicking off with a bang, the 99Bitcoins presale has already amassed more than $650k in the first few days, capturing the attention of investors keen on getting in early.

Free Crypto Riches: How to Profit from Airdrops 2024

With the colossal tidal wave of cash that hit the market during the early 2021 bull run, crypto projects have been showering their communities with tokens and even cold hard USD rewards through airdrops all the way up to today. Now, with trends like play-to-earn setting the stage, the frequency of these digital rainchecks has skyrocketed.

Food Prices Down in 2024? Time to Revise Your Grocery Budget

It looks like this year will mark the end of rising food costs globally. Oxford Economics projects that global food prices will drop in 2024, providing some respite for consumers.

Don't Wait! Get Your 2024 Tax Refund Status in Minutes

There are a few simple methods to find out where your return is. You may use the IRS2Go mobile app or visit their "Where's my refund?" webpage.

Strategies to Beat the Heat and Keep Costs Down

As the country celebrates Earth Day, shoppers may have noticed one impact of climate change: rising temperatures are making it harder for Americans to pay their bills, and in some cases, they are even forcing families to decide between purchasing groceries and cooling their houses.

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