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Alibaba eyes a future with AI and cloud as dual growth engines

Alibaba eyes a future with AI and cloud as dual growth engines
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Alibaba pumps US$230 million into Lazada

Alibaba has poured US$230 million into its Southeast Asia-focused eCommerce platform Lazada. This is according to data from Alternative.pe, a data and insights platform for private funds. ....

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Norges Bank Buys Shares of 4,249,348 Alibaba Group Holding Limited (NYSE:BABA)

Norges Bank purchased a new position in shares of Alibaba Group Holding Limited (NYSE:BABA – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,249,348 shares of the specialty retailer’s stock, valued at approximately $329,367,000. Norges Bank owned approximately 0.17% of Alibaba […] ....

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