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Surprise management shuffle sends Alibaba shares lower

Staff reporter and agencies Shares of Alibaba (9988) fell after the e-commerce giant said its chief executive and chairman Daniel Zhang Yong. ....

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Gareth Nicholson | South China Morning Post

Gareth Nicholson | South China Morning Post
scmp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scmp.com Daily Mail and Mail on Sunday newspapers.

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Alibaba, Tianjin government to deepend hi-tech cooperation

Chinese e-commerce giant Alibaba Group Holding and the municipal government of Tianjin have pledged “deeper collaboration” in the development of hi-tech fields such as artificial intelligence (AI), cloud computing and big data in the northern coastal metropolis, reports the South China Morning Post. That pact was forged at the conclusion of a meeting last Friday… ....

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Alibaba cancels traditional group wedding ceremony on firm's annual family day amid corporate restructuring efforts

The annual ceremony’s cancellation appears to reflect Alibaba’s current focus on a sweeping reorganisation of its US$257 billion tech empire. ....

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Alibaba's cloud services unit expands business with China's data exchanges under major new deal in southern tech hub Shenzhen

The tie-up between Alibaba Cloud and Shenzhen Data Exchange underscores the urgency of China’s effort to apply commercial rules to create a major domestic market for trading data. ....

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