Posts Tagged ‘Alibaba’

Alibaba Entrepreneurs Fund to host a pitching event in KL

By TMR / Pic By BLOOMBERG
MALAYSIAN start-uppers and young entrepreneurs can stand a chance to seize a combined US$5 million (RM20.6 million) ...

Meituan losses narrow as it fends off Alibaba

By BLOOMBERG
HONG KONG • Meituan Dianping posted a narrower than anticipated loss after the Chinese Internet services giant managed to keep Alibaba ...

Alibaba defies China slowdown as sales and earnings top estimates

HONG KONG • Alibaba Group Holding Ltd posted sales and earnings that topped estimates as the Chinese e-commerce giant overhauled shopping recommendations ...

Alibaba Cloud mulls global push as it trounces Amazon at home

HONG KONG • Alibaba Group Holding Ltd’s US$3 billion (RM12.39 billion) cloud services arm is fast becoming an important driver of its global expansion. ...

Alibaba rival JD said to target deep job cuts

By BLOOMBERG
HONG KONG • JD.com Inc is preparing deep cuts to its workforce and rescinding some job offers as the Chinese e-commerce giant struggles to ...

Singapore’s biggest online mall fights Alibaba with blockchain

Ku says blockchain makes it cheaper to run an online marketplace, which lets him remove the fees he currently charges merchants to sell products on the ...

Alibaba Group is said to seek its cheapest ever dollar loan

By BLOOMBERG
HONG KONG • Alibaba Group Holding Ltd may get its cheapest dollar- denominated syndicated loan ever as it negotiates with banks to amend ...

Tencent profit drops on higher spending

HONG KONG • Tencent Holdings Ltd posted a slump in fourth-quarter (4Q) earnings on increased spending as its prized games business showed signs of recovery ...

Tencent-backed Meituan’s losses balloon in duel with Alibaba

HONG KONG • Meituan Dianping is reaping the benefits of scale in its core food delivery division as it feels the pain of competition from arch-foe Alibaba ...

Khazanah resets button, splits assets into 2

The sovereign wealth fund’s portfolios are classified into 2 categories: Commercial and stategic funds
By ALIFAH ZAINUDDIN Khazanah Nasional Bhd has ...

Alibaba raises stake in top China investment bank

By BLOOMBERG
HONG KONG • Alibaba Group Holding Ltd has acquired another chunk of shares in China International Capital Corp Ltd (CICC) for about HK$1.8 ...

Chinese web giants are behind Latin America’s mobile tech boom

By pouring investment into mobile commerce, the nation has found another way to dominate where America once held sway
by DANIELA GUZMAN WHEN Alex Tabor ...