Alibaba

Platform News: China

International investor concerns mount over China’s tech rout

International investors were feeling bruised and uncertain on Tuesday as a third day of heavy selling hammered China’s top tech stocks and began to seep into currency and deb...

Platform News: China's Didi

What is driving China’s clampdown on Didi and data security?

China’s cyberspace regulator has launched a probe into ride-hailing giant Didi Global, calling for it to stop adding new users and for app stores to remove it, days after it ...

Platform News: China's Weibo listing on the NYSE

Weibo chairman, state firm plan to take China’s Twitter private

Nasdaq-listed Weibo Corp’s chairman and a Chinese state investor plan to take China’s answer to Twitter private, sending its shares as much as 50% higher.

Platform News: Didi

China’s Didi worth $68 billion after U.S. debut

Didi Global Inc shares ended their first day of US trading slightly over their initial public offering (IPO) price, valuing the ride-hailing giant at $68.49 billion in the biggest ...

US Department of Commerce

Chinese apps could face subpoenas or bans under Biden order

US President Biden’s executive order aimed at safeguarding Americans’ sensitive data would force some Chinese apps to take tougher measures to protect private informati...

Platform News: Turkey's Trendyol

Trendyol in talks to raise $2 billion investment

Turkish e-commerce player Trendyol, which is backed by Chinese giant Alibaba, is in discussions to raise $2 billion from investors, two sources with direct knowledge of the matter ...

Didi V2X

China’s Didi reveals US IPO filing, sets stage for blockbuster float

Didi Chuxing, China’s biggest ride-hailing firm, has made public its filing for a US stock market listing, setting the stage for what is expected to be the world’s bigg...

Alibaba Office Building

Anti-monopoly fine pushes Alibaba to first operating loss as public company

China’s top e-commerce platform Alibaba Group posted its first quarterly operating loss since going public in 2014 due to a record anti-monopoly fine by the country’s m...

Platform News: Jack Ma, the founder of Alibaba

Jack Ma makes rare visit to Alibaba headquarters in Hangzhou

Alibaba founder Jack Ma, largely out of public view amid a regulatory clampdown on the group, made a rare visit to its Hangzhou campus during the e-commerce giant’s annual &#...

Platform News: Ant Group and the FinTech sector in China

What’s next for Jack Ma’s Ant Group after China orders revamp?

China has imposed a sweeping restructuring plan on Ant Group, the fintech conglomerate whose record $37 billion IPO was derailed by regulators in November, that will see the group ...

Platform News: Jack Ma, the founder of Alibaba

Ant explores ways for Jack Ma to exit as Beijing piles pressure

Ant Group is exploring options for Jack Ma to divest his stake, as meetings with Chinese regulators signalled to the company that the move could help draw a line under Beijing̵...

Tencent Holdings

Tencent Holdings raises $4.2 billion in its second major bond deal in a year

Tencent has raised over $4 billion today in its second major bond deal in less than a year as global investors were enticed by its attractive pricing and overlooked a regulatory cr...

Platform News: Ant Group and the FinTech sector in China

Some investors lukewarm on China’s Ant Group if revived after revamp

China’s regulatory-imposed revamp of Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to ...

Platform News: China's Alibaba online marketplace

China fines Alibaba record $2.75 billion for anti-monopoly violations

China has slapped an 18 billion yuan (approximately $2.75 billion) fine on Alibaba Group, after an anti-monopoly probe found the e-commerce giant had abused its dominant market pos...

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