Alibaba Group posts net loss of $2.88 billion in Q3
Multinational conglomerate Alibaba Group Holding on Thursday reported a net loss of 2.88 billion dollars (20.6 ...
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Tag: Alibaba
Misra steps down as a corporate officer for Softbank, takes a different role in the company
Softbank’s executive Vice president and corporate officer Rajeev Misra is reportedly stepping down from his current ...
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SoftBank to gain $34 billion from cutting Alibaba stake
SoftBank to gain $34 billion from cutting Alibaba stake to 14.6% from 23.7%.Source: Yahoo News Singapore ...
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Chinese IT Giant Alibaba Fires Nearly 10,000 Staff Members Due to Weak Sales
In an effort to reduce costs in the face of slowing sales and the nation's economy, ...
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Alibaba reports slowest growth yet amid COVID-19 outbreaks
Alibaba Group Holding Ltd. revealed a single-digit increase in fourth-quarter revenue, its slowest quarter yet, as ...
Read moreAlibaba shares soar after earnings report
Chinese tech giant Alibaba reported Thursday's fiscal fourth-quarter earnings that were above analyst expectations.Source: The Economic ...
Read moreAlibaba fires 40% of AliExpress staff in Russia amid war in Ukraine
Alibaba lays off 40% AliExpress Russia staff amid war in Ukraine.Source: The Economic Times On Friday, ...
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China’s e-commerce giant JD.com is reportedly laying off at least 400 workers, adding to massive layoffs seen at other major Chinese tech firms like Alibaba and Tencent
JD.com, a Chinese e-commerce powerhouse, is apparently cutting off at least 400 employees, despite claims that ...
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Alibaba falls 8% after it reports slowest ever revenue growth
Source:BBN Times Alibaba on Thursday detailed its slowest quarterly income development since opening up to the ...
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US adds China’s Tencent, Alibaba sites to ‘notorious market list”
Sites operated by Tencent and Alibaba added to 'notorious market list'Source: CNBC News The US Trade ...
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