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May 18, 2023
Alibaba announced plans to spin off its cloud division as a separate, publicly-traded company. The e-commerce titan's quarterly revenues missed expectations.
May 18, 2023
China's Alibaba Group posted a 2% rise in quarterly revenue that missed expectations and said its board has approved a spinoff of its cloud business.
May 18, 2023
Alibaba Group (NYSE:BABA) Holding Ltd reported a modest 2% increase in quarterly revenue, falling short of market expectations. The Chinese e-commerce...
May 18, 2023
To address the evolving needs of different customers and capture new opportunities,” said Daniel Zhang, Chairman and Chief Executive Officer of Alibaba Group.…
May 18, 2023
A look at North American equities heading in both directions
May 18, 2023
HONG KONG -- Alibaba Group Holding targets a full spinoff of its cloud services arm within 12 months to advance the planned restructuring of the Chinese tech…
May 18, 2023
HONG KONG -- Alibaba Group Holding targets a full spinoff of its cloud services arm within 12 months to advance the planned restructuring of the Chine
May 18, 2023
Weak revenue growth plagued the Chinese tech giant once again.
May 18, 2023
Alibaba is targeting spinning off its $11 billion Cloud Intelligence Group within 12 months ahead of a planned initial public offering (IPO).
May 18, 2023
Alibaba (BABA) easily beat Wall Street’s pessimistic forecast for the fiscal fourth quarter (FQ4) early Thursday. The Chinese online retail conglomera