Alibaba Takes Step Toward Comeback as Growth Finally Returns
WEBAug 10, 2023 · Alibaba Group Holding Ltd. returned to growth across all its main divisions, defying China’s economic turbulence to take a first step toward a long-awaited comeback after more than a year of...
Alibaba names new chairman and CEO in major shakeup
WEBJun 20, 2023 · Alibaba is replacing Daniel Zhang as chairman and CEO as the Chinese tech giant undergoes the biggest shakeup in its history.
Alibaba shares jump after founder Jack Ma reemerges with praise …
WEBApr 10, 2024 · 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...
Alibaba, JD and Meituan Surge After China Stimulus Announcement
WEB1 day ago · Meituan and JD rose more than 20% in Hong Kong trading across Thursday and Friday, marking each firm’s best two-day performance since 2022, while Alibaba rose as much as 15% over the period.
Alibaba, Tencent rally as Beijing stimulus plans push China's tech ...
WEBAug 28, 2024 · Chinese tech stocks, including beaten-down names like Alibaba, rallied this week, hitting highs not seen in more than a year after China’s central bank announced measures to stimulate the...
Alibaba Group CEO consolidates control of core businesses with …
WEBSHANGHAI, Dec 20 (Reuters) - Alibaba Group (9988.HK) said on Wednesday its chief executive would directly oversee its domestic e-commerce arm, with the unit's previous head turning her focus to...
China e-commerce giant Alibaba outlines future strategy | AP News
WEBMar 30, 2023 · HONG KONG (AP) — Alibaba plans to spin off some of its sprawling e-commerce and finance empire as independent businesses to make them more flexible and maximize their value, its top executives said Thursday, as the company emerges from regulatory crackdowns that rattled Chinese tech industries.
Alibaba’s New CEO Elevates AI to Top Priority in Revamp
WEBSep 12, 2023 · Alibaba’s New CEO Elevates AI to Top Priority in Revamp. In first comments to staff, Eddie Wu seeks tech leadership; Wu takes over at a pivotal time for China’s ecommerce leader
Alibaba leverages cloud business to become a leading AI investor …
WEBMay 12, 2024 · Alibaba has been leveraging its vast cloud computing infrastructure to become a leading investor in China’s generative artificial intelligence start-ups, offering them credits to use the scarce...
Alibaba’s restructuring and Jack Ma’s homecoming are all part of …
WEBMar 29, 2023 · Alibaba’s landmark restructuring has sent its shares soaring in New York and Hong Kong, as investors bet on the return of regulatory support for China’s tech industry and private businesses...
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