Inside the crisis at Alibaba: how China’s best-known tech group …
WEBJan 2, 2024 · “There is no good reason why Alibaba, with its network of merchants in China, could not have built the same business,” said one China tech investor. Reviving Alibaba’s fortunes will require ...
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 makes leadership changes after bruising by rival’s success - CNN
WEBDec 20, 2023 · The shakeup comes weeks after billionaire co-founder Jack Ma called for “change” at the company, as the dramatic success of rival PDD , the group behind Chinese online shopping giant Pinduoduo ...
Alibaba shares jump after founder Jack Ma reemerges with praise …
WEBApr 10, 2024 · Alibaba founder Jack Ma on Wednesday praised the company’s reorganization and change over its tumultuous past year. Alibaba underwent a historic overhaul and sweeping management changes in a...
Alibaba’s restructuring and Jack Ma’s homecoming are all part of China …
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...
Alibaba raises $5bn for share buybacks as it warns of AI challenges
WEBMay 24, 2024 · Alibaba is raising $5bn from issuing convertible bonds, calling into question the Chinese ecommerce group’s ability to tap its huge cash piles to repurchase shares.
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 Group Holding Ltd. will put artificial intelligence and user experience at the top of its priorities, as its new leadership seeks to reclaim customers and market share in a fiercely ...
Alibaba’s Daniel Zhang Will Leave Top Post, Replaced by Joseph …
WEBJun 20, 2023 · Alibaba announced on Tuesday that Mr. Zhang, 51, will relinquish his top job in September. Instead, he will serve only as chief executive of Alibaba’s cloud computing division, a position he...
Alibaba Group CEO consolidates control of core businesses with …
WEBDec 20, 2023 · Alibaba Group said on Wednesday its chief executive would directly oversee its domestic e-commerce arm, with the unit's previous head turning her focus to managing non-core assets as the group...