On November 14, according to Tencent News, Alibaba’s IPO officially opened for Hong Kong-based institutional investors.
Southeast Asia, home to over 600 million people going through an economic and technological transformation akin to the one that China went through a decade ago, is a natural target for China’s tech titans.
Alibaba Group might be eyeing a public listing in Hong Kong as early as November to raise up to $15 billion, people familiar with the matter said on October 30.
Chinese e-commerce behemoth Alibaba announced on October 9 that the company will stop selling e-cigarette components in the US.
Xpeng Motors launched its partnership with Alibaba to implement the Alibaba In-Car Mini APP into the Xpeng P7.
Alibaba has released a social networking app for university students named Real Ruwo (lit. the real me), Chinese media reported on September 24.
Alibaba unveiled its first AI inference chip on September 25 at Alibaba Cloud’s annual flagship Apsara Computing Conference.
At Alibaba’s 2019 Investor Day held on September 24, Eric Jing, Ant Financial’s Chairman and CEO, delivered a speech highlighting the company’s recent progress.
Alibaba co-founder Joseph Tsai became the official owner of Brooklyn Nets by acquiring another 51% of its shares and the Barclays Center on September 19, according to Xinhua Sports.
While Apple’s new iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max will not be available in stores until September 20, online pre-sales for the new handset have exceeded expectations by a landslide.
Jack Ma, the charismatic Chinese entrepreneur behind Alibaba Group, handed his board chairman title over to CEO Daniel Zhang on September 10.
When it seemed like we were about to hear the eulogy to the troubled industry, Meituan-Dianping and Didi Chuxing – companies that timely bought into bike-sharing flag-bearers Mobike and Bluegogo – started revitalizing their bicycle fleets.
Chinese artificial intelligence (AI) firm Megvii, the firm behind well-known computer vision tech company Face++, has filed for a public listing in Hong Kong on Aug. 26 with Goldman Sachs, J.P. Morgan and Citibank serving as the underwriters.
Alibaba Group announced its financial results for the first quarter of the 2020 fiscal year ended June 30, 2019. The Chinese tech behemoth had a strong quarter across the board, beating estimates on revenue and earnings despite the uncertain market conditions due to the US-China trade tensions.
Chinese e-commerce giant Alibaba is in talks with NetEase to acquire its cross-border e-commerce platform Kaola. Once the two agree on final details, Kaola would merge with Alibaba’s cross-border arm Tmall, according to LatePost on Aug. 14.