alibaba

Alibaba Group Holding Limited, also known as Alibaba Group and as Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.

Ant Group Profit Falls 83% After China Tech Crackdown
Ant Group Profit Falls 83% After China Tech Crackdown
February 23, 2023  |  Earnings

China’s Ant Group’s quarterly profits plummeted following a long-term crackdown on the country’s tech sector.  The FinTech contributed $145 million to its affiliate Alibaba’s earnings,...

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Alibaba’s Growth Slows Due to COVID Disruptions
Alibaba’s Growth Slows Due to COVID Disruptions
February 23, 2023  |  Retail

Chinese eCommerce giant Alibaba is still suffering the effects of COVID-19. The company released earnings results Thursday (Feb. 23) showing growth of 2%, a slower...

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Report: Activist Investor Ryan Cohen Takes Stake in Alibaba 
Report: Activist Investor Ryan Cohen Takes Stake in Alibaba 
January 16, 2023  |  eCommerce

Investor Ryan Cohen has reportedly built a stake in Alibaba worth hundreds of millions of dollars. He has also pushed the Chinese eCommerce firm to...

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Ten Big Tech Stocks Lost $4.6T Market Cap in 2022
Ten Big Tech Stocks Lost $4.6T Market Cap in 2022
January 02, 2023  |  Big Tech

The 10 top tech stocks lost a combined $4.6 trillion in market cap in 2022.  Amazon led the way by losing about $856 billion in...

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If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part
If ‘Single’s Day’ Is Prime Day on Steroids, Retailers Can’t Blow the Payments Part
November 11, 2022  |  Retail

Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s...

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Alibaba.com Launches $750K Manifest Grants Program for US SMBs
Alibaba.com Launches $750K Manifest Grants Program for US SMBs
September 14, 2022  |  Investments

B2B eCommerce market Alibaba.com has rolled out its second annual small business grants program, a press release said Wednesday (Sept. 14). Called the Alibaba.com Manifest...

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Asian eCommerce Firm Lazada Heads to Europe to Compete With Amazon
Asian eCommerce Firm Lazada Heads to Europe to Compete With Amazon
September 01, 2022  |  eCommerce

Lazada Group, the eCommerce company owned by Chinese tech giant Alibaba, is preparing to head to Europe to compete with the likes of Amazon and...

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Chairman of China’s Ant Group Steps Down From Alipay Role
Chairman of China’s Ant Group Steps Down From Alipay Role
August 03, 2022  |  Personnel

Chinese FinTech Ant Group‘s Alipay is in the midst of another change in corporate leadership, with Eric Jing Xiandong stepping down as legal representative and...

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Alibaba Gets Closer to U.S. Delisting
Alibaba Gets Closer to U.S. Delisting
July 29, 2022  |  eCommerce

China’s Alibaba is getting closer to being removed from American stock exchanges in response to Beijing’s refusal to let U.S. inspectors examine the company’s audits....

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