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The Southeast Asian e-commerce and fintech platform is again on the upswing, but competition is also increasing.
ALIBABA Cloud, the digital technology and intelligence backbone of Alibaba Group, recently announced it will invest over 60 ...
Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...
Alibaba announced on July 3 it plans to issue HK$12 billion (about $1.5 billion) in zero-coupon exchangeable bonds due in ...
Alibaba announced $1.5B bond offering for AI and cloud expansion, exchangeable for shares of Alibaba Health. Expected to ...
Alibaba Group (NYSE:BABA; HK:9988) saw its shares decline on Friday following the announcement of a HK$12 billion ($1.53 ...
Alibaba Health Information Technology stock fell Friday after its parent announced a US$1.5 billion bond issuance linked to the health subsidiary's shares. Shares of Alibaba Health tumbled as much as ...
China’s foreign minister touted the three-year war as keeping the US focused on Ukraine, claiming that if the war were to end ...
Alibaba Group's stock dipped 1.9% during mid-day trading, sparking a flurry of analyst reevaluations and investor reactions.
This was the ADR's second consecutive day of losses.
Alibaba Group estimates that the net proceeds from the Bond Offering will be approximately HK$11.9 billion, after deducting the bookrunners' commissions and estimated offering expenses payable by the ...