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 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 …
WEBIn the past year, Alibaba underwent a historic reorganization and sweeping management changes in a bid to return the Chinese technology giant to growth.
Inside the crisis at Alibaba: how China’s best-known tech group …
WEBNothing highlights Alibaba’s current problems more than the extraordinary wake-up call from Jack Ma, who founded China’s ecommerce pioneer back in 1999.
Alibaba Group CEO consolidates control of core businesses with …
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’s restructuring and Jack Ma’s homecoming are all part of China …
WEBAlibaba’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 …
Alibaba, JD and Meituan Surge After China Stimulus Announcement
WEB6 days ago · Returns from China’s biggest tech stocks are surpassing those of global rivals, with Alibaba’s shareholder yield at more than 8% at the start of this month, more than double that of any ...
China e-commerce giant Alibaba outlines future strategy | AP News
WEBThe plan, and the recent return of Alibaba founder Jack Ma to China after months abroad appear to mark a turnaround after several hard years. Chinese regulators singled out …
Alibaba, JD.com take e-commerce battle to Hong Kong as mainland China ...
WEB23 hours ago · Alibaba, for instance, said it will invest 1 billion yuan (US$142 million) to boost its online retail platform Taobao's offerings in Hong Kong, as part of a campaign to ship orders above 99 yuan ...
China moves to take ‘golden shares’ in Alibaba and Tencent units
WEBChina is moving to take “golden shares” in local units of Alibaba and Tencent as Beijing formalises a greater role in overseeing the country’s powerful technology groups.