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Alibaba

SoftBank proposes three new board members as Alibaba's Jack Ma resigns
Business 2 weeks ago

SoftBank proposes three new board members as Alibaba's Jack Ma resigns

SoftBank will propose three new appointments to the board, including group Chief Financial Officer Y...
Alibaba to invest $28b in cloud services after coronavirus boosted demand
Business 1 month ago

Alibaba to invest $28b in cloud services after coronavirus boosted demand

The company said in a statement it will spend the funds on semiconductor and operating system develo...
Alibaba revenue up 38 percent in third fiscal quarter
Business 3 months ago

Alibaba revenue up 38 percent in third fiscal quarter

China's e-commerce giant Alibaba Group reported year-on-year revenue growth of 38 percent to 161...
Alibaba revenue up 38 percent in third fiscal quarter
Business 3 months ago

Alibaba revenue up 38 percent in third fiscal quarter

Mobile monthly active users on Chinese retail marketplaces reached 824 million in December, an incre...
Alibaba praised by China's gay community for ad recognizing same-sex couples
Science & Tech 4 months ago

Alibaba praised by China's gay community for ad recognizing same-sex couples

Online gay communities in China are lauding e-commerce giant Alibaba Group Holding Ltd for...
Indonesia plans fixed fees for e-wallet transactions: Sources
Business 5 months ago

Indonesia plans fixed fees for e-wallet transactions: Sources

The central bank wants to fix some e-wallet transaction fees at 0.7 percent, sources said.
China's 'unicorn' startups exceed US number for first time
Business 7 months ago

China's 'unicorn' startups exceed US number for first time

There were 206 Chinese firms out of a global total of 494 ultra-valuable start-ups -- known as &quot...
Grab in talks to merge Indonesian payment firms to overtake Gojek: Sources
Business 8 months ago

Grab in talks to merge Indonesian payment firms to overtake Gojek: Sources

The plan points to intensifying competition in Indonesia’s digital payments industry that is s...
Jack Ma ends 20-year reign over Alibaba wealth creation empire
Business 8 months ago

Jack Ma ends 20-year reign over Alibaba wealth creation empire

Over two decades, Ma and his co-founders built a business-to-business marketplace into a $460 billio...
Amazon in talks to invest in Indonesia’s Gojek
Business 9 months ago

Amazon in talks to invest in Indonesia’s Gojek

Amazon is one of the firms that have been negotiating with Gojek to join its ongoing funding round,....
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