ByteDance supplanted Baidu in China’s top three Big Tech companies – known by the acronym BAT – some time ago and there are signs that it may be pulling further …
Hong Kong stocks slipped as mainland Chinese funds took advantage of the market rally before the nation’s biggest tech companies report their earnings with Tencent signalling a weak trend. The …
The slump in Chinese stocks this year has been catastrophic for some of the bullish money managers, given the size of the market and its upside promise. Bears haven’t run …
By Reuters API Published Nov 18, 2023 Alibaba co-founder Jack Ma is “very positive” about the company and will continue to hold its shares, the South China Morning Post reported …
Alibaba Group Holding is banking on four new business pillars to drive growth in the coming decade, according to CEO Eddie Wu Yongming, as the Chinese e-commerce giant bolsters its …
Jack Ma’s office said the founder of Alibaba Group Holding remains “very positive” about one of China’s biggest technology companies, giving the market the assurance after a sell-off of the …
Eric Jing Xiandong, chairman and CEO of Ant Group, is doubling down on global expansion of the fintech giant and has reiterated the company’s determination to support small and medium-sized …
Alibaba Group Holding has announced it will not proceed with a full spin-off of its cloud computing unit, as it posted 9 per cent growth in revenues in the September …
Translated by Cassidy STEPHENS Published Nov 15, 2023 In October 2021, Mark Zuckerberg announced the advent of the metaverse, and even renamed the Facebook group Meta. Fashion brands and luxury …
By Reuters Published Nov 13, 2023 China’s largest e-commerce player Alibaba Group said it recorded year-on-year growth over this year’s Singles Day sales period that ended at midnight on Saturday, …