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Latest Articles in alibaba

SoftBank To Book USD 34 Bn Gain On Alibaba Shares

The estimated gain includes a 2.4 trillion-yen gain from the revaluation of shares in the Chinese e-commerce giant and a derivative gain of 0.7 trillion yen

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Alibaba Group Keen On Maintaining NYSE Listing

The company on Friday became the latest of more than 270 firms to be added to the US Securities and Exchange Commission's list of Chinese companies that might be delisted

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US SEC Adds Alibaba To Its Delisting Watchlist

Alibaba's shares were down 11 per cent at USD 89.37 at the closing bell

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China Fines Alibaba, Tencent For Failing To Comply With Anti-Monopoly Rules

The Chinese State Administration for Market Regulation released a list of 28 deals that violated the rules

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Alibaba Appoints Toby Xu As New Chief Financial Officer

Xu joined Alibaba from PWC three years ago and was appointed deputy chief financial officer in July 2019

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China Tells Tech Giants To Stop Blocking Rivals' Links

The Ministry of Industry and Information Technology (MIIT) did not name any companies, but the 21st Century Business Herald newspaper reported on Saturday that Alibaba Group Holding Ltd and Tencent Holdings Ltd were among the firms told to end the practice by an unspecified time last week.

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Tatas Plan To Acquire Over 60 % Stake In BigBasket

Tatas have been looking to buy into BigBasket for the past many months and the proposed deal also provides an exit route for a host of investors, including Chinese billionaire Jack Ma-controlled Alibaba.

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China's Baidu Beats Revenue Estimates On Strong Cloud, AI Demand

Its total revenue rose 5% to 30.26 billion yuan ($4.69 billion) in the fourth quarter, topping analysts' average estimate of 30.06 billion yuan

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Tatas To Acquire 68 Pc Stake In BigBasket For Rs 9,500 Cr: Sources

BigBasket had raised USD 150 million from Mirae, Alibaba and CDC Group, which placed the Bengaluru-based company in the unicorn club (companies with valuation of USD 1 billion and above).

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China Tech Firms Look To Bolster Legal Defence Amid Regulatory Crackdown - Sources

Companies including Alibaba, Tencent, Meituan, Baidu and ByteDance are hunting for dozens of legal and compliance professionals, according to the people and a Reuters review of their job postings.

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SoftBank Third-Quarter Earnings Recovery Seen Driven By IPO Boom

Alibaba's shares have fallen 17% from October highs after Chinese regulators halted the bumper IPO of its fintech affiliate Ant.

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Alibaba-Backed Logistics Firm Best Weighs Sale In Strategic Review

Billionaire Jack Ma's Alibaba, which owns 33% of the firm, as well as Best founder and CEO Johnny Chou, who has a 11% stake on a fully diluted basis, could both end up selling their stakes, five of the people said.

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Alibaba's Jack Ma resurfaces after months out of public view

Alibaba's Jack Ma resurfaces after months out of public view

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Walmart Nearly Exits Japan After Selling Majority Stake In Seiyu

The deal, which values Seiyu at 172.5 billion yen ($1.65 billion) including debt, comes after on-off speculation about the world's biggest retailer looking to exit Japan.

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