Por: Forbes Business February 24, 2023
Alibaba cofounder Jack Ma.Wang HE/Getty Images Billionaire is back to square one. The $3.4 billion gain to his wealth since the start of the year has all but evaporated, after Alibaba’s stock was dragged lower on renewed worries over the company’s growth prospects The Ma, who stepped down from the helm of Alibaba in 2019 but continues to derive his wealth from his holdings in the e-commerce giant, is now estimated to be worth $23.6 billion.... + full article
Fox Business USA Business February 24, 2023
Heritage Foundation president Kevin Roberts reacts to China sending warplanes towards Taiwan and ending its COVID quarantine mandate for incoming travelers on 'Mornings with Maria.' Alibaba Group Holding Ltd. reported lackluster sales growth in the October-December... + más
Alibaba shares rally 6% after massive earnings beat | CNBC
Was China’s Singles Day a Dud? Alibaba and JD.com Decline to Give Numbers. | MarketWatch
Forbes USA Business February 24, 2023
Alibaba, founded by Jack Ma, is the biggest e-business company in China.Getty Key Takeaways Alibaba stock has been up and down like a yo-yo over the last couple of days, offering up a prime example of the volatility that can occur in the tech sector. Still, that volatility can... + más
Billionaire Alibaba Cofounder Joseph Tsai Selling 8% Stake In Retailer | Forbes
CNBC USA Tech February 23, 2023
In this articleAlibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the world. Alibaba said its own product is currently undergoing internal testing.Kuang Da Visual China Group Getty ImagesAlibaba reported... + más
Forbes USA Business December 16, 2022
Topline Billionaire Alibaba executive vice chairman Joe Tsai plans to sell an 8% stake in the Chinese online retailer he cofounded, according to a recent Securities and Exchange Commission filing, as headwinds coming from Beijing and Washington loom over Alibaba. Joe Tsai at a... + más
Joe Tsai’s Alibaba financially supported China’s ‘cultural genocide’ of Uyghur Muslims: report | New York Daily News
Associated Press USA Tech November 18, 2022
HONG KONG (AP) — Chinese e-commerce company Alibaba Group on Thursday posted net losses and missed market expectations for revenue in its quarter ended September amid a slowing economy and depressed consumer sentiment.The company reported net losses of 20.6 billion yuan ($2.87... + más
Alibaba Earnings Topped Estimates. Why the Stock Is Falling. | MarketWatch
MarketWatch USA Business November 17, 2022
While the figures mark a return to growth for Alibaba after recording flat annual sales for in the second quarter, it is still a historically weak expansion. The company has suffered from Beijing’s zero-Covid policy and last week declined to release sales numbers for the... + más
Alibaba posts loss, slower revenue amid lower consumption | Associated Press
MarketWatch USA Business November 12, 2022
The two companies said only that sales for the annual Singles Day, which ended Friday, were comparable to last year’s. That raised the possibility of relatively weak gains, at least for Alibaba (BABA). For 2021’s event, the company reported $84.5 billion in total value of... + más
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