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China's Alibaba scraps cloud unit spin-off citing US chip curbs - Vimarsana News

China's Alibaba scraps cloud unit spin-off citing US chip curbs

China's Alibaba Group on Thursday scrapped plans to spin-off its cloud unit citing uncertainties created by U.S. export curbs ...

Alibaba backtracks on cloud spinoff plans, sending stock tumbling after earnings - Vimarsana News

Alibaba backtracks on cloud spinoff plans, sending stock tumbling after earnings

Shares of Alibaba were tumbling in premarket trading as the company said it would shelve some spinoff plans.

Jack Ma: Jack Ma's family trust to sell Alibaba shares amid US export curbs - Vimarsana News

Jack Ma: Jack Ma's family trust to sell Alibaba shares amid US export curbs

US News: Alibaba Group Holding reported a 9% increase in revenue for Q3, reaching 224.8 billion yuan ($31 billion), in line with market expectations. However,

Alibaba ADRs Plunge After It Calls Off Cloud Spinoff Amid US Chip Restrictions - Vimarsana News

Alibaba ADRs Plunge After It Calls Off Cloud Spinoff Amid US Chip Restrictions

Alibaba canceled its planned spinoff of its cloud computing arm, citing uncertainty following new U.S. export restrictions to China.

Shares Of Alibaba Drop Over 8% After It Drops Cloud Spinoff, Citing U.S. Chip Restrictions - Vimarsana News

Shares Of Alibaba Drop Over 8% After It Drops Cloud Spinoff, Citing U.S. Chip Restrictions

(CTN News) - Due to U.S. chip export restrictions, Alibaba's U.S.-listed shares fell on Thursday after the Chinese e-commerce giant decided..........