Alibaba names new chairman and CEO in major shakeup
Jun 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 makes second biggest ever quarterly share repurchase …
Apr 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 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 Group Holding Limited (BABA) Latest Stock News
Get the latest news and headlines on Alibaba Group Holding Limited (BABA), a Chinese e-commerce giant. See how the stock performs amid China's stimulus measures, e-commerce rivalry, and market...
Alibaba leverages cloud business to become a leading AI investor …
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 ...
Alibaba shares jump after founder Jack Ma reemerges with praise …
In the past year, Alibaba underwent a historic reorganization and sweeping management changes in a bid to return the Chinese technology giant to growth.
Alibaba raises $5bn for share buybacks as it warns of AI challenges
May 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. The Hangzhou-based company on...
Inside the crisis at Alibaba: how China’s best-known tech group …
Jan 2, 2024 · Company insiders and analysts say Alibaba has so far failed in combating aggressive new competitors effectively, keeping abreast of AI developments and capitalising on its strengths in domestic...
Alibaba’s New CEO Elevates AI to Top Priority in Revamp
Sep 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’s Daniel Zhang Will Leave Top Post ... - The New York Times
The Chinese tech giant says its top leader, Daniel Zhang, will make way for two long-serving executives: Joseph Tsai takes over as chairman and Eddie Yongming Wu becomes chief …