Alibaba Shuts Down Quantum Computing Lab Amid Company Restructuring
Chinese tech giant Alibaba has closed its quantum computing lab, part of its research arm, as the company undergoes a ...
Tag: alibaba
Jack Ma Ventures into Ready-Made Meals with “Ma’s Kitchen”
Jack Ma, the founder of Alibaba, has entered the food business with his latest endeavor, "Ma's Kitchen," a startup based ...
Alibaba Reported its Market Cap Decreased
The market capitalization of Alibaba, China's largest e-commerce company that operates AliExpress and Taobao, has reportedly decreased to about half ...
Alibaba & Tencent Hire New Employees
Alibaba and Tencent have started hiring new employees after China hinted at easing crackdowns on big tech (big information technology ...
Ant Group Starts to Buy Back Its Shares
Ant Group, China's largest e-commerce company Alibaba's Fin-Tech, has begun to buy back its own shares. Analysts say the move ...
Chinese Authorities Imposed Fine Upon Ant Group
Chinese financial authorities have imposed a massive fine of more than 7 billion yuan on Ant Group, Alibaba's fintech subsidiary. ...
Ant Group Alibaba Subsidiary Fined $1 Billion
The Chinese authorities have tightened pressure and regulations on Big Tech. They imposed $1 billion fines on Ant Group. Ant ...
Alibaba Shifts Listing for Chinese Investors
Attempting to leverage the Chinese shareholder base, Alibaba Group Holding proposed listing shifts in Hong Kong. The proposed shifts would ...
Hong Kong Hang Seng Opened Lower (4/8)
The Hong Kong stock market opened lower on the 8th as selling of technology stocks was preceded by a rise ...
Venture Investment in Chinese IT Startups Peaked
Despite the Chinese government's strong regulations on IT companies such as Alibaba and Didi Chuxing, venture investment in Chinese science ...
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