Alibaba files to list in Hong Kong as soon as third quarter: source

Thu, 13 Jun 2019 - 10:11 GMT

The listing could raise as much as $20 billion, sources said last month, smaller than its record $25 billion float in New York five years ago.

SoftBank's blockbuster IPO reaches $23.5B after extra share sale

Mon, 10 Dec 2018 - 09:50 GMT

That makes the share sale one of the largest of all time globally, just shy of the record $25 billion that Chinese e-commerce firm Alibaba Group Holding Ltd (BABA.N) raised in 2014.

Alibaba takes control of film group in $160M share purchase

Mon, 10 Dec 2018 - 09:46 GMT

Currently, Alibaba owns a 49 percent stake in the firm.

Alibaba suffers rare 'down round' investment as Babytree's HK IPO prices low

Wed, 21 Nov 2018 - 09:19 GMT

Babytree will sell shares in the initial public offering (IPO) at HK$6.80 each - the low end of a range that reached HK$8.80 - to raise $217 million, instead of up to the $1 billion initially targeted.

Indonesia to work with Alibaba's Jack Ma to increase exports: Min.

Sun, 02 Sep 2018 - 03:29 GMT

The Alibaba founder and CEO, who was in Jakarta for the 2018 Asian Games, was named an e-commerce adviser to the Indonesian government in 2017.

Delivered hot: Starbucks bets on Alibaba tie-up to revive China sales

Thu, 02 Aug 2018 - 09:10 GMT

Starbucks flagged in June that it was pursuing such a tie-up after reporting a sudden slowdown in China sales growth.

Alibaba to buy minority stake in Focus Media to tap digital marketing

Thu, 19 Jul 2018 - 08:54 GMT

Alibaba will acquire about 6.62 percent in Focus Media for 9.63 billion yuan ($1.43 billion) and possibly another 5.0 percent stake in the next 12 months, it said in a statement.

Warburg Pincus in talks to invest in Ant's $8 billion funding round

Thu, 12 Apr 2018 - 08:04 GMT

Warburg Pincus is looking to become a key investor in the round, one of the people said.

Alibaba to buy remaining shares in food delivery app

Mon, 02 Apr 2018 - 07:56 GMT will continue to operate under its own brand following the acquisition, said Alibaba, but will combine some functionalities with Koubei.

Alibaba signs deal to offer Disney shows on video platforms

Mon, 12 Feb 2018 - 07:32 GMT

Alibaba Group Holding Ltd’s entertainment arm has signed a licensing agreement with Walt Disney Co .

Alibaba leads $1.24 billion investment in film unit of China's Wanda

Mon, 05 Feb 2018 - 02:14 GMT

Dalian Wanda Group is selling a $1.24 billion stake in its listed film business to a pair of investors led by Alibaba Group Holding Ltd (BABA.N).

Alibaba-backed online lender MYbank owes cost-savings to home-made tech

Thu, 01 Feb 2018 - 07:24 GMT

It has no physical branches or expensive foreign software, and uses cloud technology to cut back on the hardware it needs to serve borrowers.

China shopping festival smashes record with $25 billion haul

Sun, 12 Nov 2017 - 08:30 GMT

Alibaba (BABA.N), the Chinese e-commerce giant, said on Saturday its Singles’ Day sales extravaganza hit $25.4 billion.

Alibaba launches $15 billion overseas R&D drive

Wed, 11 Oct 2017 - 11:26 GMT

Alibaba Group is launching a $15 billion drive to build overseas research hubs as the deep-pocketed firm looks to compete with global leaders in e-commerce