[ad_1] Updated January 2nd, 2024 at 20:31 IST Taking a fresh stand on BRICS, China has called the intergovernmental organisation “a positive and stable force for good” in international affairs.…
Tag: alibaba group
Alibaba Group Abandons Cloud Spin-Off Amidst US Export Uncertainties
[ad_1] Alibaba Group scrapped plans to spin off its cloud business, citing uncertainties over U.S. curbs on exports to China of chips used in artificial intelligence applications. Alibaba Group’s Hong…
Alibaba’s Hong Kong shares surge 16% on split-up plans
[ad_1] Hong Kong shares of Alibaba Group soared on Wednesday, marking a vote of confidence from investors after the company announced a major restructuring plan. The stock jumped as much…
Alibaba’s global online shopping unit considers US IPO to spur growth
[ad_1] Alibaba Group Holding Ltd.’s international online shopping unit is exploring a US initial public offering as it weighs options to spur growth for the business that includes major e-commerce…