Alibaba Group

Alibaba reorganizes
Alibaba will reorganize its business into six companies
Alibaba will reorganize its business, including its spin-off, into six companies, each with the flexibility to raise external capital and consider an IPO. This is the most significant transformation in...
March 30, 2023
Alibaba reports 37.3% less profit
Alibaba reported a net profit of 48.993 billion yuan (about 6.68 billion euros) in the first nine months of its fiscal year, which will end next March 31, representing a...
February 27, 2023
Alibaba shares soared above 8% after Jack Ma relinquished control of Ant Group
Alibaba shares soared above 8% and hit six-month highs after its founder, Jack Ma, finally relinquished control of the techno-financial subsidiary Ant Group.  🔥Do you want to know more about...
January 11, 2023
Alibaba Group launches Select a B2B sourcing service, the B2B marketplace of Alibaba Group, has launched a new service ' Select', designed for retailers, distributors, wholesalers, and medium and large enterprises that currently import or are interested...
October 25, 2022
U.S. regulators could finally audit Alibaba and
U.S. regulators have selected a group of Chinese companies for inspection. As reported by Reuters, e-commerce giants such as Alibaba Group and will be among the companies selected. Do...
September 5, 2022
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