Billionaire Investor Trims Alibaba After Saying Buy 'Everything' China
7 hours ago · In This Article: BABA. (Bloomberg) -- Turns out that Billionaire investor David Tepper, who said recently he would buy “everything” China-related amid Beijing’s stimulus blitz, trimmed ...
Tepper Cuts Alibaba Stake Despite Buy ‘Everything’ Call on China ...
6 hours ago · 2:43. Turns out that Billionaire investor David Tepper, who said recently he would buy “everything” China-related amid Beijing’s stimulus blitz, trimmed exposure in e-commerce giant Alibaba ...
Alibaba makes leadership changes after bruising by rival’s success - CNN
Dec 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 (PDD), the group behind Chinese online shopping giant ...
Alibaba Takes Step Toward Comeback as Growth Finally Returns
Aug 11, 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 founder Jack Ma re-emerges with praise of 'transformations'
Apr 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 restructuring and Jack Ma’s homecoming are all part of China …
Mar 29, 2023 · Alibaba’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 businesses...
China e-commerce giant Alibaba outlines future strategy | AP News
Mar 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.
Alibaba Group CEO consolidates control of core businesses with …
SHANGHAI, 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 leverages cloud business to become a leading AI investor in China
May 12, 2024 · Alibaba has been leveraging its vast cloud computing infrastructure to become a leading investor in China’s generative artificial intelligence start-ups, offering them credits to use the scarce...
Inside the crisis at Alibaba: how China’s best-known tech group …
Jan 2, 2024 · Inside the crisis at Alibaba: how China’s best-known tech group lost its way. Once Asia’s most valuable company, the group has fallen behind rivals amid a chaotic restructuring. Alibaba has...