Alibaba names new chairman and CEO in major shakeup
WEBJun 20, 2023 — Hong Kong CNN — Alibaba is replacing Daniel Zhang as chairman and CEO as the Chinese tech giant undergoes the biggest shakeup in its history. Joseph Tsai, executive vice chairman and a...
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.
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 shares jump after founder Jack Ma reemerges with praise …
WEBApr 10, 2024 — Alibaba, whose business spans everything from e-commerce to cloud computing, has seen billions of dollars wiped off of its value in the past few years, thanks to tougher regulation from Beijing...
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 Group CEO consolidates control of core businesses with new …
WEBSHANGHAI, Dec 20 (Reuters) - Alibaba Group (9988.HK) said on Wednesday its chief executive would directly oversee its domestic e-commerce arm, with the unit's previous head turning her focus to...
Alibaba makes second biggest ever quarterly share repurchase …
WEBApr 2, 2024 — Alibaba Group has bought back shares worth $4.8 billion in the quarter ended March, the Chinese e-commerce giant said on Tuesday, in its second biggest-ever repurchase after beefing up its...
Alibaba Group Holding Limited (BABA) - Yahoo Finance
WEBFind the latest Alibaba Group Holding Limited (BABA) stock quote, history, news and other vital information to help you with your stock trading and investing.
Alibaba CEO to step down to focus on cloud business in surprise ...
WEBJun 20, 2023 — Alibaba Group said in a surprise announcement Tuesday Eddie Wu will succeed Daniel Zhang as its chief executive, a move that will free Zhang to focus on the company’s cloud intelligence business ...
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.
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