CHINA Chinese regulators order Ant Group to rectify its Businesses December 28th, 2020 The People's Bank of China summoned Ant executives to formulate a rectification plan after halted Ant's USD 37 billion stock debut.
ACQUISITION Alibaba acquire Controlling Stake in Sun Art For $3.6 billion October 19th, 2020 Alibaba Group will invest approximately USD 3.6 billion in Sun Art Retail Group Limited for 72 percent stake.
Market Alibaba's Ant Group files for IPO in Hong Kong & Shanghai August 25th, 2020 Ant Group which operates online payment company Alipay filed for the IPO in Hongkong & Shanghai.
CHINA Alibaba beats Quarterly Revenue, Profit Estimates August 21st, 2020 Alibaba Group beat quarterly revenue and profit estimates as its core commerce and cloud computing businesses.
News Alibaba's Jack Ma sells $9.6 billion worth shares, stake dips to 4.8% July 13th, 2020 The divestment comes as Ma retired as the Chinese e-commerce company's executive chairman in September and pulled back from formal business roles to focus on philanthropy.
News Alibaba Founder Jack Ma Resign from Softbank board May 18th, 2020 Alibaba co-founder Jack Ma will resign from Softbank board after giving 13 years of services.
CHINA Alibaba Single Day sales hit $10 billion in Less than 30 minutes November 11th, 2019 E-commerce giant Alibaba's Singles' Day sales hit USD 10 billion in less than 30 minutes of the event going live.
BUSINESS Alibaba Revenue Jumps 42 Percent in First Quarter August 16th, 2019 China's biggest eCommerce company Alibaba 2019 first-quarter revenue beat analyst estimates.
CHINA Alibaba lets US small, medium businesses to sell on Platform July 24th, 2019 Chinese e-commerce platform Alibaba will allow small and medium-sized US businesses to sell on Alibaba.com.
CHINA Alibaba Planning a Second Listing in Hong Kong to Raise $20 Billion May 28th, 2019 Aliababa planning a secondary share listing in Hongkong share market to raise $20 billion.
CHINA Jack Ma New Advice for Sex '669' May 26th, 2019 Alibaba founder Jack Ma advice its employees to have sex daily like 669.
FUNDING BigBasket raises $150 million from Alibaba and Others March 29th, 2019 Big Basket raises $150 million funding from Alibaba & others
