News list for " Baba"
On December 6th, in mid-July, the first news that came out was that Zhou Chang was about to resign and start a business, but at the end of October, he had already joined ByteDance. The reporter learned from multiple sources that ByteDance offered Zhou Chang a contract that was almost impossible to refuse: a 4-2 rank and an 8-digit annual package salary, which is about two consecutive jumps and several times the salary according to Ali's rank system. The original team members who came with him, B...
On November 21st, Alibaba Group CEO Wu Yongming released an internal email announcing the integration of domestic and overseas e-commerce, and the establishment of an e-commerce business group. Jiang Fan will serve as CEO and report to Wu Yongming. It is understood that the new e-commerce business group will fully integrate Taobao Tmall Group, International Digital Commerce Group, 1688, Xianyu and other e-commerce businesses to form a business cluster covering the entire industrial chain at home...
On November 20th, Alibaba (09988.HK) announced that it will price US $2.65 billion USD-denominated senior unsecured notes and RMB-denominated senior unsecured notes of 17 billion yuan. The US dollar bond issuance is expected to end on November 26, 2024; the RMB bond issuance is expected to end on November 28, 2024. Net proceeds raised are used for general corporate purposes, including repayment of overseas debt and share repurchases.
Alibaba (09988.HK) fiscal year 2025 Q2 revenue 2365.03 billion yuan, the same period last year 2247.9 billion yuan.
Alibaba (09988.HK) fiscal year 2025 Q2 net profit 43.874 billion yuan, the same period last year 27.706 billion yuan.
According to the South China Morning Post, dozens of employees in Alibaba's Metaverse division have been laid off as the company restructures and increases efficiency. The company's Metaverse division, which has operations in Shanghai and Hangzhou, was established by Alibaba in 2021 amid a boom in virtual world platforms and related technologies.
On September 9, the Shanghai and Shenzhen Stock Exchanges announced that due to the adjustment of the constituent stocks of the Hang Seng Composite Large Cap Index, Medium Cap Index and Small Cap Index, the list of securities subject to the Hong Kong stock standard has been adjusted and will take effect from September 10, 2024. Transfer to 33 stocks including Alibaba, Zhixing Automotive Technology, and SF Intra City.
Alibaba (09988.HK): Voluntary conversion to dual primary listing on the Hong Kong Stock Exchange.
On August 23rd, Alibaba (09988.HK) HKEx announced that on August 28, 2024, the company's voluntary conversion from the second listing to the main listing of the company on the Hong Kong Stock Exchange will take effect. On the effective date, the company will be listed on the Hong Kong Stock Exchange and the New York Stock Exchange in a dual primary listing, and the stock mark "S" will be removed from the company's stock abbreviations at the Hong Kong dollar and RMB counter of the Hong Kong Stock...
Alibaba (BABA. N) sold more than 1.75 million shares of Zhihu (ZH. N) in the second quarter, according to a 13F filing.
Hong Kong technology stocks generally lower, Alibaba (09988.HK) fell more than 2%, Baidu (09888.HK) fell 3.71%, JD.com (09618.HK) fell nearly 4%.
On June 1st, Sophia Zhou, a former Alibaba technical expert and product director of Bitmain, joined Standard Hash as CTO. It is reported that Sophia Zhou has 14 years of experience in software research and development management. He was formerly the product director of Bitmain, responsible for the whole process management of mining machine design, research and development to production delivery. He has successively delivered S19 Pro, S19 XP air-cooled and water-cooled series, Antspace HK3 water-...
7x24 Newsflash
Hot News
