Alibaba’s loss-making sale of its Intime department-store chain reflects its determination to focus on technology-driven internet platforms, AI and global e-commerce in 2025. The $1 billion of ...

Alibaba reported better-than-expected Q2 FY’25 results, with revenue rising 5% year over year to 236.5 billion yuan ...

Alibaba is expected to book a 13-billion yuan (US$1.8 billion) loss attributable to its shareholders when the sale is completed. Alibaba owns the South China Morning Post. This marks Alibaba’s ...

And two kinds of stocks have plenty of momentum these days: mega-cap monsters with market caps of $200 billion or more and ...

This transaction involves the sale of a 78.7% stake in Sun Art (OTCPK:SURRY), which Alibaba (BABA) had acquired for $3.6 billion in 2020, indicating a significant loss on the investment.

Alibaba stock price has remained on edge in the past few days as investors waited for the next actions from the incoming ...

The Chinese retailer’s shares sank as much as 35% in early Hong Kong trading, while Alibaba slid more than 1%. The sale accelerates Alibaba’s retreat from physical retail, a major investment ...

According to Alibaba’s filing with the Hong Kong Stock Exchange, the company expects to record a loss of approximately RMB 13.177 billion ($1.81 billion) from the transaction. The sale comes ...

Alibaba’s statement on the Sun Art sale described it as “a good opportunity” to monetize non-core assets. With Alibaba more closely integrating its e-commerce operations and looking to raise ...

The stake sales are part of Alibaba's reshuffling of its business portfolio to focus on its core e-commerce operations. Dealscategory Permira, Blackstone weigh multi-billion-euro Mobile.de IPO ...