Alibaba Group

Alibaba Beats Quarterly Revenue Estimates, Profit Declines

China's Alibaba Group Holding beat analysts' estimates for fourth-quarter revenue as a focus on low-cost goods in response to cautious consumer spending he...

Alibaba Makes Second Biggest Quarterly Share Repurchase Worth $4.8bn

Alibaba Group has bought back shares worth $4.8 billion (€4.5 billion) in the quarter ended March, the Chinese e-commerce giant said, in its second bi...

Alibaba Groceries Arm Freshippo CEO To Retire

Freshippo, the groceries arm of e-commerce giant Alibaba Group, has told its staff that its CEO Hou Yi will step down and retire and be replaced by the uni...

Alibaba Boosts Share Buy Back As Revenues Miss Estimates

China's Alibaba Group Holding missed analysts' estimates for third-quarter revenue, hurt by softness in the retail market and sagging economic recovery in...

Top 10 Retailers In China And Hong Kong

ESM looks at the top ten retailers in China And Hong Kong, according to the Deloitte Global Powers of Retailing 2023 report.

Alibaba's Grocery Unit IPO Put On Ice Amid Disappointing Valuation: Report

China's Alibaba Group Holding Ltd is putting a potential Hong Kong initial public offering of its Freshippo grocery chain on hold amid weak sentiment for c...

Alibaba And Tencent Buoyed By Hopes China Tech Crackdown To End

Alibaba Group and Tencent shares rose in Hong Kong on Monday as China's $984 million (€898 million) fine for Ant Group was viewed as signalling the en...

Alibaba To Split Into Six Units, Seek IPOs

Alibaba Group plans to split its business into six main units covering e-commerce to cloud in the biggest restructuring of its 24 year history, five o...