The Latest Breaking News from Alibaba

Shenzhen Component Index closed down 2.18%

Energy stocks were some of Tuesday's biggest decliners, while Alibaba slid on a C-suite shake-up.

China’s Alibaba Group has announced a major management reshuffle as the e-commerce giant restructures into six different business divisions to adapt to fast-changing technologies

The Alibaba cofounder has largely disappeared from public view since criticizing Chinese regulators in 2020.

Chinese consumers have been snapping up billions worth of items in China’s first major online shopping festival after emerging from the pandemic as merchants slash prices, but analysts say that consumer confidence still remains weak as China re-emerges from the pandemic

China's ByteDance has already ordered around 100,000 Nvidia datacenter accelerators in 2023 — more than the entire Chinese market ordered last year.

The faltering recovery in China has spurred investors to raise their bearish wagers on Chinese e-commerce stocks. For example, short interest in PDD Holdings (PDD ) has risen to about 8% of total shares outstanding, according to IHS Markit data. That’s higher than e-commerce peers JD.com (JD ) and Alibaba...

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…

Local governments’ invisible debt could be as high as almost $10 trillion, double Japan’s GDP, posing a risk of destabilizing the banking and financial sector

‘Anti-spying’ raids on consulting firms and attacks on tech companies are being driven by party ideology, says academic Chris Marquis

Chinese ecommerce giant Alibaba set to split into six units and selling off some of its businesses.