Alibaba Group Holding is taking a 9.3 billion yuan (US$1.3 billion) loss in its sale of Intime, one of China's leading department store operators, as the e-commerce giant walks away from offline ...

Alibaba's strong balance sheet and aggressive share buyback program offer a shareholder yield of nearly 13%, enhancing its ...

The latest US restrictions on AI chip exports have sent shockwaves through the global tech industry, casting a shadow over ...

Alibaba Group Holding agreed to sell its entire stake in Sun Art Retail Group, China’s largest hypermarket operator, for ...

Chinese online marketplace Alibaba Group has decided to divest its department store subsidiary, Intime, in a transaction resulting in a substantial loss of $1.3bn. The move is part of the company ...

Alibaba’s stock lost most of its momentum after the Chinese stimulus package failed to impress the market. The rising competition in the eCommerce field along with the rising macro risks make it ...

Shinsegae Group recently unveiled a strategic partnership with Chinese tech giant Alibaba, valued at approximately 6 trillion ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Alibaba Group Holding is taking a 9.3 billion yuan (US$1.3 billion) loss in its sale of Intime, one of China's leading department store operators, as the e-commerce giant walks away from offline ...