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    Tata plans to take majority stake in BigBasket

    12 Mar 2021

    Indian conglomerate Tata Sons plans to buy a majority stake in Alibaba-backed online grocery seller BigBasket, a filing with the country’s antitrust body showed on Friday.

    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 plans $5 billion bond issue

    07 Jan 2021

    China’s Alibaba Group Holding plans to raise at least $5 billion through the sale of a US dollar-denominated bond this month, four people with knowledge of the matter said, amid regulatory scrutiny of co-founder Jack Ma’s empire.

    Alibaba's shares record gains as founder reappears

    20 Jan 2021

    Speculations have been going on for weeks about his whereabouts after he disappeared from the public following an October speech criticizing China’s financial system.

    Alibaba opens European platform ‘AliExpress’ to cater local vendors

    08 Jan 2020

    China’s retail giant Alibaba is finally making its move on Europe. The company is undercutting the sellers’ fees to attract vendors but has had mixed results, six sources with direct

    Dewa and Alibaba enter deal to enhance digital services

    11 Oct 2019

    Dubai Electricity and Water Authority (Dewa) has signed a Memorandum of Understanding (MoU) with Alibaba Cloud, the data intelligence backbone of Alibaba Group.

    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.

    Alibaba Group develops new chip

    26 Sep 2019

    Alibaba Group Holdings said it has developed a new chip that specialises in machine-learning tasks and which will be used to enhance services for its cloud computing division.

    Alibaba postpones Hong Kong listing amid political problems

    21 Aug 2019

    China’s biggest e-commerce company Alibaba Group Holding has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters. Alibaba’s Hong Kong-listing plans are being closely watched by the financial community for indications on the business

    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.

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