Alibaba Group Holding

Alibaba Revenue, Profit Beat Estimates As Online Sales Surge During Lockdown

China's Alibaba Group Holding Ltd reported better-than-expected quarterly revenue and profit, as the COVID-19 lockdowns drove more people to shop online fo...

Alibaba Poised To Launch Record-Breaking $13.4bn Hong Kong Share Sale: Sources

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, acco...

Boon For Hong Kong As Alibaba's Eyes $15bn Late Nov Listing: Sources

Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise $10 billion to $15 billion in the final week of November, in a deal that coul...

Alibaba To Buy Kaola Unit From NetEase For $2bn: Caixin

Alibaba Group Holding Ltd has agreed to pay $2 billion (€1.8 billion) in cash to buy Chinese e-commerce firm Kaola, local news outlet Caixin reported...

Metro To Expect At Least 8 Second-Round Bids For China Unit: Sources

At least eight suitors are preparing second-round bids to buy a majority stake in German wholesaler Metro AG's Chinese operations, Reuters learned from peo...

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