Alibaba Group Announces Succession Plans Ahead of Cloud Unit Listing
E-commerce giant Alibaba Group on Tuesday announced that the current Chairman and CEO, Daniel Zhang, will step down from his position, and Eddie Yongming Wu...
Tag : Alibaba
Alibaba Shares Plunge After Revenue Miss
On Thursday, shares in Alibaba (NYSE:BABA) were modestly lower in pre-open trading after the company reported revenue for its Q2 that missed the average analyst...
Asian Shares Rise as Hopes for Audit Deal Boost Chinese Tech
Asian shares rose on Friday, uplifted by news that China and the US may progress in finalising an audit agreement. At the same time, traders...
Paytm Mall Announces Focus On ONDC; Explores Export Opportunities
Paytm E-commerce Private Limited (PEPL), the parent company of Paytm Mall, has announced that it will shift its focus to the Open Network for Digital...
Government Issues Order to Ban 54 Chinese Apps
The Central Government has issued the order to ban over 54 Chinese Apps due to the threat to the privacy and security of Indians. A...
DeepRoute.ai Raises $300 Mn From Alibaba
DeepRoute.ai raised $300 million from investors, including Alibaba, to extend its test fleet and develop technologies like self-driving trucks. Other investors also participated in the...
SoftBank Sells 45 Million Shares in Uber
SoftBank sold 45 million shares in Uber Technologies to cover its losses on its investment in Didi Global and Alibaba, a source familiar with the...
Paytm Money To Add Foreign Stock Investments
Paytm Money is about to venture into international stocks soon, with support for investments in the NYSE FANG+ Index, the company has hinted through an...
Tata Group to Buy 68% in BigBasket for Rs 9.5K Crore
The Tata Group is in the final stages of acquiring a majority stake of 68 per cent in Supermarket Grocery Supplies, which runs and operates online grocery...
UBS Group May Invest $400 Mn in Paytm
UBS Group AG is in talks to invest $400 million in Paytm, the most valuable Indian startup, in a bet on the surging digital payments...