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Alibaba Group
China Focus
Jack Ma urges Alibaba to ‘correct course’ in internal memo
PDD’s growth far outpaced Chinese rivals including Alibaba
November 29, 2023
Results
Alibaba posts surprise loss as China Covid curbs take a toll
Alibaba Group reported a net loss of RMB20.6 billion yuan (US$2.9 billion or $3.96 billion) for the quarter ended Sept 30.
November 18, 2022
Broker's Calls
Analysts lower Alibaba's target prices after 4QFY2022 results
CGS-CIMB has pegged a new TP of HK$151, while DBS has pegged new TPs of HK$157 and US$161.
May 31, 2022
China Focus
JPMorgan analysts behind 'uninvestable' call upgrade China tech
The Nasdaq Golden Dragon China Index hit its closing low for the year on the day of JPMorgan’s March report
May 16, 2022
Fintech
Tiger Brokers collaborates with Alibaba Cloud for end-to-end tech support to its trading platform, Tiger Trade
The partnership will also serve to support the growing number of users on Tiger Trade.
June 01, 2021
Company in the news
China slaps Alibaba with RMB 18.2 billion fine in monopoly probe
The various moves were presumably meant to curb Ma’s influence, whose interests have come under a series of regulatory actions.
April 10, 2021
IPO
Ant Group’s stalled IPO could reduce its value by US$140 bil
The reduced valuation also means potentially lower fees for investment banks that were counting on a windfall from the IPO.
November 09, 2020
Tech
Almost everyone at SoftBank thinks going private is a bad idea
Insiders say everyone except founder Masayoshi Son opposes the idea of taking Softbank private.
October 05, 2020
M&A
Sea’s pandemic surge is currency for some bold M&A
The time is right for Sea Ltd to make M&A moves, to plug holes in its product offering, writes Tim Culpan for Bloomberg.
August 19, 2020
Disruption and Digitalisation
Jack Ma's Ant Financial joins race for Singapore digital banking licence
(Jan 2): Billionaire Jack Ma’s Ant Financial has applied for a digital banking licence in Singapore, as China’s largest online financial platform steps up efforts to expand outside the mainland.
January 02, 2020