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Alibaba up 3.4% as China Completes Ant Group Probe with a $984M Fine
/ FinTech, Stocks

Alibaba up 3.4% as China Completes Ant Group Probe with a $984M Fine

Alibaba shares spiked on Friday after Chinese regulators brought their crackdown on Ant Group to an end.

July 07, 2023
Alibaba Cloud Partners with NEAR Foundation as Crypto-Friendly Founder Set to Take Over

Alibaba Cloud Partners with NEAR Foundation as Crypto-Friendly Founder Set to Take Over

Crypto-friendly Joseph Tsai is set to replace long-time chief Daniel Zhang as Alibaba's new Chairman.

June 26, 2023
Alibaba Shares Up 1.7% as Firm Mulls $29B Unit’s IPO in the US

Alibaba Shares Up 1.7% as Firm Mulls $29B Unit’s IPO in the US

A recent report by Morgan Stanley suggested that IDCG could be valued at $29 billion.

May 04, 2023
Alibaba, China’s Biggest Tech Conglomerate, to be Split into Six Units

Alibaba, China’s Biggest Tech Conglomerate, to be Split into Six Units

The fragmentation of Alibaba likely marks the end of Jack Ma's challenge to CCP.

March 28, 2023
Alibaba US Shares Up 5.6% in Premarket as Revenue Tops Estimates

Alibaba US Shares Up 5.6% in Premarket as Revenue Tops Estimates

Alibaba's US shares are up 5.6% in premarket after the company beat revenue estimates for October-December quarter.

February 23, 2023