Thousands to lose jobs in Disney, Alibaba layoffs
Disney, this week has also begun removing several titles from its streaming platforms
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Disney, this week has also begun removing several titles from its streaming platforms
Alibaba Cloud has emerged as an early IPO candidate and will reportedly pursue a 7% staff layoff amid its ‘streamlined’ restructuring.
Alibaba Group Holding Limited has announced its financial results for the quarter and fiscal year ended March 31, 2023.
Alibaba's FY4Q23 revenue was up 2% year on year, largely in-line with consensus of Rmb 209 billion. Read why I'm bullish on BABA stock.
Hong Kong stocks fell after Alibaba’s underwhelming revenue growth for the quarter disappointed investors, with tech bellwethers weighing further on the market.