Alibaba
Stay current with all the latest and breaking news from Alibaba, compare headlines and perspectives between news sources on stories happening today. In total, 297 stories have been published about Alibaba which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news from Alibaba, compare headlines and perspectives between news sources on stories happening today. In total, 297 stories have been published about Alibaba which Ground News has aggregated in the past 3 months.
Top Alibaba News
Business · HangzhouChina's Alibaba Group Holding Ltd, on Thursday beat market expectations for revenue in the quarter ending late June. Growth was flat for the first time ever due to the impact of COVID-19 lockdown. The e-commerce giant's U.S.- listed shares rose 5 per cent in trading before the bell.See the Story
Alibaba revenue beats despite flat growth due to COVID lockdown
Coverage: 7 sources
Business · BeijingShares in Alibaba Group Holdings fell 5.7% after the Wall Street Journal reported that the Chinese tech giant's cloud division has been summoned by Shanghai authorities. Anonymous hacker had earlier this month claimed to have obtained personal information of more than 1 billion Chinese residents from the Shanghai police. A dashboard for managing the database was left open on the internet for over a year without a password.See the Story
Alibaba shares post worst drop in a month after China data probe report
55% Right coverage: 11 sources
BusinessMasayoshi Son famously built his war chest by pumping $20 million into Alibaba two decades ago. SoftBank said Wednesday that it plans to sell about 242 million American depository receipts (ADRs) of Alibaba. The group estimated a roughly 4.6 trillion yen ($34 billion) pre-tax gain from the sale.See the Story
SoftBank to gain $34 billion from cutting Alibaba stake
60% Center coverage: 10 sources
Latest News Stories
US & CanadaA former employee of Chinese e-commerce giant Alibaba has accused her then-manager of trying to rape her on a business trip last year. The woman wants police to reopen what appears to be a dormant investigation into his actions. The accusations have sparked a national discussion over workplace harassment.See the Story
Ex-Alibaba employee says ex-boss should be charged with rape
50% Center coverage: 6 sources
AlibabaU.S. regulators have been demanding complete access to the audit working papers of New York-listed Chinese companies. Authorities in China have long been reluctant to let overseas regulators inspect domestic accounting firms, citing security concerns. The spat came to a head in December when the U.s. Securities and Exchange Commission finalised rules that enable the prohibition of trading in Chinese companies' shares.See the Story
Explainer: What to watch out for as talks on U.S.-China audit deal drag on
75% Center coverage: 4 sources
Alibaba · HangzhouThe Hangzhou-based firm reported it had just over 245,000 employees at the end of the most recent reporting quarter. Alibaba also reduced its workforce in the first three months of the year by 4,375. The company is seeking a primary listing in Hong Kong, while also maintaining its listing status on the New York Stock Exchange.See the Story
Alibaba cuts more than 9,000 jobs in three months
100% Center coverage: 1 sources
Stock MarketsAlibaba Group Holding Ltd said on Monday night its voluntary conversion to a dual primary listing in Hong Kong has been confirmed by the Hong Kong stock exchange. The e-commerce giant went public in New York in September of 2014 in what was the biggest IPO at that time. Alibaba expected the primary listing to be completed by the end of this year.See the Story
Alibaba gets Hong Kong's approval for a primary stock listing
100% Center coverage: 1 sources
AlibabaIsabelle Feng describes the economic and financial consequences of the showdown between Wall Street's watchdog and Chinese authorities, which should lead to Alibaba being delisted from the American stock market.See the Story
'Cut off from US capital, will Chinese companies be able to continue to thrive under President Xi Jinping's austerity measures?'
100% Left coverage: 1 sources
FinanceIt was decided to release part of the China-Alibaba Group shares held by the SoftBank Group (SBG). Alibaba, which invested in 2000, is a toranoko asset for SBG, and although Alibaba has been actively raising funds, it prioritizes financial protection. New investment is being suppressed due to market modulation, and the management of SBG, which has promoted the establishment of an investment company, has reached a major turning point. SBG's conso…See the Story
SoftBank G protects turning point in honeymoon with Alibaba with finance
100% Right coverage: 1 sources
AsiaSoftBank Group says it will sell a significant chunk of shares it owns in Chinese e-commerce company Alibaba Group Holding, its most successful investment. The Japanese investment group is effectively selling about 38% of shares in Alibaba. The sale is worth about $22 billion based on the company's stock price on Tuesday.See the Story
SoftBank to slash Alibaba stake in race for cash
100% Right coverage: 1 sources
AmazonAlibaba cut nearly 10,000 jobs, or around 3.8 percent of its workforce, in the second quarter of 2022. The tech giant's revenue took its first-ever quarterly dive, though the loss was smaller than analysts expected. Alibaba is currently focused on "high quality growth, improving operating efficiency, optimizing cost structure and maintaining strong cash flow"See the Story
Alibaba mimics Amazon by slashing jobs after poor results
100% Center coverage: 1 sources
