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Alibaba Approves An Additional $25 Billion Share Buyback as Its Revenue Disappoints

Alibaba Group Holding's Hong Kong-traded shares plunge 6.8 per cent on Thursday; Alibaba's New York-listed stock price sank 5.9 per cent on Wednesday and has fallen nearly 26 per cent over the past year ....

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Alibaba misses third-quarter revenue estimates

Alibaba Group missed analysts' estimates for third-quarter revenue, hurt by a weak retail environment and faltering economic recovery in the world's second-largest economy. ....

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Alibaba approves an additional $25 billion share buyback as its revenue disappoints – Metro US

SINGAPORE (AP) Chinese e-commerce firm Alibaba Group Holding on Wednesday approved an additional $25 billion authorization to its share buyback program, after reporting lower-than-expected sales revenue for the last quarter of 2023. The company’s Hong Kong-traded shares plunged 6.8% on Thursday. Alibaba’s New York-listed stock price sank 5.9% on Wednesday and has fallen nearly […] ....

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Alibaba in no 'hurry' to pursue IPOs, promises to 'reignite' e-commerce unit

Shares in Alibaba fell almost 6% in U.S. trading after the Chinese company reported underwhelming quarterly revenue figures. ....

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