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Alibaba Group Holdings
China Focus
Alibaba outlook disappoints after China slowdown hurt sales
It forecast 20% to 23% growth in fiscal 2022 revenue, short of the 27% that analysts were projecting.
November 19, 2021
Startups, Entrepreneurs, Digital economy
Ninja Van raises US$578 million from investors including Alibaba
The other investors include Geopost/DPDgroup, B Capital Group, Monk’s Hill Ventures, and Brunei's wealth fund Zamrud
September 26, 2021
Global Markets
How Xi’s four pillars of regulation will reshape China’s Big Tech
President Xi knows that China’s middle class will have his back.
July 27, 2021
Broker's Calls
'Buy' Alibaba on sustained improved user engagement, says UOB Kay Hian
In 2020, China’s retail platforms – including Alibaba – saw sustained improved user engagement despite the Covid-19 outbreak.
October 02, 2020
Contracts
Alibaba buys 50% stake in AXA Tower, assumes 50% of loan
A consortium of investors led by Singapore-listed Perennial Real Estate Holdings announced on May 6 that they are selling a 50% stake in AXA Tower and transferring 50% of the outstanding loan to Alibaba Singapore.
May 08, 2020
Contracts
Alibaba buys 50% stake in AXA Tower, assumes 50% of the loan
A consortium of investors led by Singapore-listed Perennial Real Estate Holdings announced on May 6 that they are selling a 50% stake in AXA Tower for and transferring 50% of the outstanding loan, to Alibaba Singapore.
May 06, 2020
Covid-19
Alibaba's Lazada briefly stops delivering groceries in Singapore
Lazada’s RedMart and other grocery delivery services such as Amazon.com Inc’s Prime Now have been kept busy amid harrowing economic times in Singapore.
April 02, 2020
Fintech
Jack Ma's debt giant grinds to halt as China curbs micro-loans
(Jan 9): After selling billions of dollars of debt backed by consumer loans last year, Chinese billionaire Jack Ma’s Ant Financial is pausing such fundraising as the government steps up curbs on micro lending.
January 09, 2018
Commentary
Singapore's Brexit fallout bid shows true fighting spirit: Bloomberg Gadfly
(Nov 1): Singapore doesn't like to leave things to chance, so when there's a play to be made for a slice of London's financial business, you can expect the city-state to pull out all stops.
November 01, 2017
Tech
Magic Leap raises US$502 mil, led by Temasek
(Oct 19): Magic Leap, the richly funded startup developing an augmented-reality device, has added more cash to its arsenal, though it has yet to release a product.
October 19, 2017