Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public
HONG KONGHONG KONG — Alibaba plans to spin-off of its cloud computing business and said Thursday that its logistics and grocery units will explore initial public offerings as the Chinese e-commerce ...
Hosted on MSN
Alibaba shares surge 19% on cloud computing success
Alibaba Group’s shares listed on the Hong Kong Stock Exchange surged 19% following the release of impressive financial results, with the company’s cloud computing division showing powerful performance ...
Alibaba ($BABA) stock gained more than 72% in 2025. While margin pressure persists in its core retail business, analysts see ...
Alibaba and Tencent race to support 'Palworld,' a hit game dubbed 'Pokémon with guns,' with cloud services. Palworld' craze in China boosts cloud computing rivalry between Alibaba and Tencent, despite ...
Alibaba's (NYSE: BABA) stock has been under significant pressure of late amid its lack of growth over the past two years and the scrutiny it has received from the Chinese government. In response, the ...
Alibaba's U.S.-listed shares jumped 12% Friday morning following the Chinese company's first-quarter earnings report. Alibaba Group Holding Ltd.'s quarterly earnings report showed that the Chinese ...
Chinese tech giant Alibaba Group Holding Ltd. has opened a new campus for its cloud computing unit, Alibaba Cloud, in its home city of Hangzhou. Per the South China Morning Post, which Alibaba owns, ...
Enterprise customers can expect to hear more from e-commerce giant Alibaba Group. The Chinese company is accelerating the global expansion of its cloud computing business, with a US$1 billion ...
BEIJING, CHINA - 2021/04/10: The Alibaba headquarters building in Beijing. The State Administration for Market Regulation of China slapped Alibaba with a hefty fine of nearly $2.8 billion for ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results