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Tag: Jack Ma

Alibaba Singles Day sales missed expectations

Alibaba founder Jack Ma attends the 5th World Zhejiang Entrepreneurs Convention at Hangzhou International Expo Centre on November 13, 2019 in Hangzhou, Zhejiang Province of China. VCG | Visual China Group | Getty Images Alibaba co-founder Jack Ma said the company’s Singles Day performance missed expectations and blamed the hot weather and the fact the …

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China retail giant Alibaba given OK for huge Hong Kong listing, Retail News, ET Retail

Hong Kong: Chinese online retail titan Alibaba has been given the go-ahead to list shares in Hong Kong, reports said Wednesday, in what could be the city’s biggest IPO in almost a decade. Approval for the sale will also give the city’s financial authorities a huge boost as Hong Kong is battered by months of …

China retail giant Alibaba given OK for huge Hong Kong listing, Retail News, ET RetailRead More

Alibaba Group: Alibaba poised to launch record-breaking $13.4 billion Hong Kong share sale

HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions. While Alibaba executives are preparing for a Thursday launch, sources said the timing could slip depending on …

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Mukesh Ambani gears up for India’s e-commerce giant with $24 billion holding firm, Retail News, ET Retail

NEW DELHI: Billionaire Mukesh Ambani moved a step closer to creating an e-commerce giant for India, unveiling plans to set up a $24 billion digital-services holding company that would become the main vehicle in his ambition to dominate the country’s internet shopping space. The board of Ambani’s Reliance Industries Ltd approved a proposal to plow …

Mukesh Ambani gears up for India’s e-commerce giant with $24 billion holding firm, Retail News, ET RetailRead More

Alibaba Group thwarts 300 million hack attempts per day

Alibaba’s company logo at its office in Hong Kong on February 22, 2012. Aaron Tam/Stringer | Getty Images Chinese technology giant Alibaba Group is the target of some 300 million attempted cyber attacks per day, according to the company’s founder and former executive chairman, Jack Ma. Ma said he was “proud” that despite the tirade …

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Alibaba chairman Daniel Zhang does this one thing each year

CEO of Alibaba Group Daniel Zhang Yong delivers speech at Hangzhou International Expo Centre on May 31, 2018 in Hangzhou, Zhejiang Province of China. Wei Zhiyang/Zhejiang Daily Press Group | Visual China Group | Getty Images Daniel Zhang had his work cut out for him taking over from Jack Ma as chairman of Chinese e-commerce …

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