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    Alibaba Group set to price shares

    20 Nov 2019

    Chinese e-commerce giant Alibaba Group will raise up to $12.9 billion from its landmark Hong Kong listing and is set to price its shares at a 2.8% discount to their New York close,

    Alibaba Group shares surge on Hong Kong stock market debut

    26 Nov 2019

    Alibaba Group’s Hong Kong shares made a solid debut on Tuesday, trading 6.9% higher than their issue price and at a small premium to pricing in New York after marking the world’s largest stock sale this year.

    Alibaba for paperless listing in break with Hong Kong norm

    15 Nov 2019

    Alibaba’s planned $13.4 billion share sale will be Hong Kong’s first paperless stock market listing, a source with knowledge of the matter said, breaking with a long-held tradition of investors placing stock orders in bank branches.

    Alibaba’s Singles’ Day sales hit $30 billion

    11 Nov 2019

    Chinese retailer Alibaba Group Holding Ltd said on Monday that sales for its annual Singles’ Day shopping blitz crossed the $30 billion mark at 4:31 pm (0831 GMT), putting the event on track to set a record in its 11th year.

    Alibaba beats revenue estimates

    23 Aug 2020

    China’s Alibaba Group Holding beat quarterly revenue and profit estimates as its core commerce and cloud computing businesses continued to grow following China’s emergence from the coronavirus lockdown.

    Alibaba Cloud invests $1 billion to support startups, developers

    08 Jun 2021

    Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, launched Project AsiaForward with an initial $1 billion funding and resources to cultivate a million-strong digital talent pool,

    Alibaba welcomes small units to sell globally on its platform

    24 Jul 2019

    NEW YORK: Chinese e-commerce giant Alibaba Group Holdings will allow small US businesses to sell on Alibaba.com, the company said, as it seeks to tap into the business-to-business e-commerce market and fend off rivals like Amazon.com. The move will open up markets to US merchants in countries

    China fines Alibaba record $2.75 billion for violations

    10 Apr 2021

    China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.

    Alibaba Cloud, Dubai Holding announce collaboration

    06 Mar 2023

    Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced its collaboration with its long-standing partner Dubai Holding

    Alibaba unveils self-developed AI chip for cloud computing division

    25 Sep 2019

    Alibaba Group Holdings Ltd said on Wednesday it has developed a new chip that specialises in machine-learning tasks and which will be used in services provided by its cloud computing division.

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