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Trip.Com Stock Is Trading Lower Tuesday: What's Going On?
June 04, 2024
Trip.com Group Limited (NASDAQ: TCOM) to offer $1.3 billion in convertible senior notes to repay debt and expand operations, while repurchasing shares.
Via
Benzinga
Alibaba's 618 Shopping Festival Boosts Sales with Big Brands Like Apple, Xiaomi Leading the Way
June 03, 2024
Alibaba's 618 shopping festival saw strong momentum with over 185 brands achieving high sales and support for their goal of double-digit revenue growth.
Via
Benzinga
What's Going On With Alibaba Stock On Thursday?
May 23, 2024
Alibaba Group (NYSE: BABA) is considering a $5 billion convertible bond sale, following rival JD's move. This could fund share repurchases and growth. BABA's ADRs have dropped 6.6% this week. Reports...
Via
Benzinga
Topics
Bonds
Exposures
Debt Markets
Why Is MINISO Stock Diving Tuesday?
May 14, 2024
MINISO Group Holding shares down after reporting Q3 results, with revenue and earnings missing expectations.
Via
Benzinga
Alibaba Backs China's AI Startups with Cloud Credits, Eyeing Leadership in Global AI Race
May 13, 2024
Alibaba invests in China's AI start-ups through cloud computing resources, following a similar strategy to Microsoft's OpenAI. Stock price at $80.04.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Alibaba's To Overhaul Taobao In Strategic Move to Reclaim E-commerce Dominance
May 07, 2024
Alibaba revamps Taobao webpage ahead of China's 618 shopping festival to improve user experience. This is part of a larger effort to attract new users and regain a leading position in the competitive...
Via
Benzinga
Jack Ma Backed Ant Group's Alipay+ Broadens Payment Reach Across Continents: How It's Shaping Global Commerce?
May 06, 2024
Ant Group's Alipay+ aims to unify global mobile payments by connecting users to apps from their home countries through partnerships with local services.
Via
Benzinga
After Nvidia and Apple, Alibaba Chases Vietnam: New Data Center to Boost Control and Meet Local Laws
May 01, 2024
Alibaba to build data center in Vietnam to comply with local storage law and meet demand. Other tech firms also diversifying to Vietnam.
Via
Benzinga
Alibaba's Taobao Launches 3D Shopping App for Apple's Vision Pro - A New Era for Online Retail in China
April 19, 2024
Alibaba introduces shopping app for Apple's VR headset, gaining positive feedback from early Chinese adopters. Stock down 26% in past 12 months.
Via
Benzinga
What's Going On With Alibaba Stock Thursday?
April 11, 2024
Alibaba ($BABA) stock rose as Jack Ma expressed support for company restructuring and urged employees to embrace AI. Stock down 25% in 12 months.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
What's Going On With Alibaba Stock Wednesday?
April 10, 2024
Jack Ma leads restructuring of Alibaba to rejuvenate the company. In a rare public gesture, he praises rejuvenation efforts and encourages employees to remain steadfast. Stock price rises.
Via
Benzinga
Alibaba's Bold Actions - $4.8B Stock Repurchase and Revolutionary One-Hour Global Delivery Plan
April 03, 2024
Alibaba Group boosts its share buy-back program to $4.8 billion, marking its boldest move since 2021 to counter stock downturns. The e-commerce giant surpasses its 3% target, repurchasing 524 million...
Via
Benzinga
Alibaba Cloud's Livestream Event Draws Millions, Sparks Cloud Computing Price War
April 01, 2024
Alibaba Cloud, the cloud computing branch of Alibaba Group, captured the attention of over 2.3 million viewers.
Via
Benzinga
Alibaba's Strategic Shift - New CEO for Grocery Arm and Bold Move to Enhance HarmonyOS with Huawei
March 18, 2024
Alibaba Group's grocery division, Freshippo, undergoes leadership change with CFO taking over as CEO. Alibaba also partners with Huawei for HarmonyOS app development.
Via
Benzinga
Alibaba Invests $1.1B in South Korea to Boost Logistics
March 14, 2024
Alibaba plans to invest $1.1 billion in South Korea for logistics center and business expansion. Data protection investigation adds scrutiny. BABA shares rise.
Via
Benzinga
Alibaba's Gaming Division Ushers in Youthful Leadership for a Fresh Era
March 08, 2024
Alibaba's gaming division undergoes leadership change to infuse younger management, aligning with company's strategy and broader restructuring.
Via
Benzinga
Alibaba and JD.com Engage in Aggressive Price Cutting, Intensifying Cloud Services Competition
March 04, 2024
Alibaba initiates price reduction strategy in cloud computing, prompting response from competitors. Move signals intense rivalry in China's tech industry.
Via
Benzinga
Alibaba Revamps Management Team, Aiming for Innovation and Growth Amid Challenges
March 01, 2024
Alibaba undergoes management restructuring, appoints new executives. Focus on AI and investments. BABA shares up 0.76% premarket.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
What's Going On With Alibaba Stock Wednesday?
February 28, 2024
Alibaba's subsidiary Daraz, a leading e-commerce entity in South Asia, announces another round of layoffs amidst market challenges.
Via
Benzinga
Topics
Workforce
Exposures
Layoff
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