Alibaba’s Lazada cuts staff across Southeast Asia in fresh round of layoffs

[ad_1] Lazada is the third-largest e-commerce player in Indonesia, after Sea Limited’s Shopee and Tokopedia, according to Momentum Works. Matt Hunt | Lightrocket | Getty Images SINGAPORE — Alibaba-owned Lazada…

Alibaba’s founder sold massive shares. What does that mean for China?

[ad_1] While Chinese leader Xi Jinping was meeting with President Biden and dining with 300 American CEOs in San Francisco on Nov. 16, news emerged that Chinese billionaire Jack Ma’s…

Facing gloomy China consumers, Alibaba’s Taobao replaces Dec 12 shopping spree with new event

[ad_1] BEIJING :Alibaba’s online shopping platforms Taobao and Tmall said on Friday they had cancelled their Dec. 12 shopping festival and will instead host another shopping spree called ‘year-end good…

Alibaba’s Hong Kong shares tumble 10% after cloud unit spin-off shelved

[ad_1] Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights HONG KONG, Nov 17 (Reuters)…

Alibaba’s Spinoff Plans Fall to Earth

[ad_1] Alibaba’s shareholders finally got their first dividend. But that may not be enough to compensate for hiccups in its spinoff plan and slowing growth. The Chinese e-commerce giant on…

China’s securities watchdog asks Alibaba’s Cainiao to submit more info for HK listing

[ad_1] SHANGHAI (Reuters) – China’s securities watchdog has asked Cainiao, the logistics arm of Alibaba Group, to submit additional information about its shareholders and operational structure as the unit seek…

Alibaba’s Lazada is courting sellers affected by Indonesia’s e-commerce ban on social media

[ad_1] Lazada is the third-largest e-commerce player in Indonesia, after Sea Limited’s Shopee and Tokopedia, according to Momentum Works. Matt Hunt | Lightrocket | Getty Images Lazada, a Southeast Asian…

Belgian intelligence service scrutinising Alibaba’s presence at Liege airport

[ad_1] A man walks past a logo of Alibaba Group at its office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang//File Photo Acquire Licensing Rights Oct 5 (Reuters) –…

Alibaba’s Cainiao plans Hong Kong IPO next week, aims to secure $1 billion

[ad_1] Alibaba subsidiary targets $1 billion in Hong Kong IPO Business September 22, 2023 | 04:40 pm 2 min read Shares of Alibaba rose as much as 4.4% in Hong…

Alibaba’s Cainiao Plans to Raise At Least $1 Billion in Hong Kong IPO Soon

[ad_1] (Bloomberg) — Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to file for its Hong Kong initial public offering as soon as next…