The Latest Breaking News from Alibaba Group Holding Limited

While Chinese tech conglomerate Alibaba (BABA) witnessed signs of recovery across its businesses this year following the nation’s reopening and easing regulatory measures, the recovery appears uneven as the company missed fourth-quarter revenue expectations. So, should investors buy or hold this tech stock? Read more to find out….

Over the last two years, the e-commerce giant Alibaba (BABA) was hit by heavy regulatory scrutiny, brutal competition, and China’s slowing economy. But the stock got a lift this year after the nation’s Covid reopening and easing of regulatory woes. Furthermore, the company announced a restructuring plan designed to enhance…

China's tech moguls have been walking on eggshells, Bloomberg reported. Alibaba Group Holding Limited&n

Alibaba Group Holding Limited (NYSE: BABA) and start-up Biren Technology tweaked their most advanced chip designs to reduce processing speeds and bypass U.S.-imposed sanctions, the Financial Times 

Analysts have raised earnings guidance for Alibaba Group (BABA) with the easing of China’s tech crackdown. The company’s EPS is expected to increase over the next twelve months. However, the stock currently trades at a stretched valuation, and the company faces intense competition from its rivals. So, will it be…

Alibaba Group Holding Limited (NYSE: BABA) and other U.S.-listed Chinese stocks could convert their secondary listings in Hong Kong to primary, Bloomberg 

Alibaba Group Holding Limited (NYSE:BABA) created a new subsidiary, Lingyang Intelligent Service Co, to help companies in their digital transformation, the SCMP reports. It reflects Alibaba's effort to engage new market segments and industries as domestic online retail competition amplified amid weak consumer spending and economic slowdown. The move shortly follows Chair and…

The Cyberspace Administration of China (CAC) sought public feedback on draft rules governing the transfer of personal data overseas, Reuters reports. Under the draft rules, companies collecting personal data would be responsible for the legality, legitimacy, the need for the data, scope, and security of overseas transfers. The draft also covers methods…

Alibaba Group Holding Limited's (NYSE: BABA) cloud business unit launched Energy Expert, a digital platform to help its global customers manage their carbon emissions, 

Alibaba Group Holding Limited (NYSE: BABA) Chair and CEO Daniel Zhang Yong penned an article in China cyberspace administration's official magazine, 

Tencent Holding Ltd (OTC:TCEHY) acknowledged setting up a unit focused on exploring the space to tap multiple opportunities in extended reality (XR) technologies in the next 4-5 years, Reuters reports. Gaming chief Steven Ma disclosed that Tencent had set up an XR business line to combine hardware and software, betting on most…