Tag: alibaba

The Alibaba Group logo is lit up at its office building in Beijing, China (Reuters)
Posted in Business

Alibaba wins Beijing’s approval in end to years-long scrutiny

Alibaba Group Holding Ltd. has secured the endorsement of China’s antitrust watchdog more than three years after a landmark probe into its online behavior, suggesting…

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China's Tencent reports 41% on-year rise in Q2 net income
Posted in South Asia News

China’s Tencent reports 41% on-year rise in Q2 net income

BEIJING: Chinese internet giant Tencent announced on Wednesday a 41 percent year-on-year jump in second-quarter net income to 26.17 billion yuan ($3.6 billion). Following years…

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With investment in fishery and agriculture, Jack Ma turns to farming: Report
Posted in China News

With investment in fishery and agriculture, Jack Ma turns to farming: Report

Jack Ma, the founder and former chairman of Alibaba Group Holding, is venturing into the fishery and agriculture sectors in China through a newly-established start-up….

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China: Jack Ma's Ant Group slapped with nearly $1 billion fine
Posted in China News

China: Jack Ma’s Ant Group slapped with nearly $1 billion fine

BEIJING: Chinese authorities imposed a fine of nearly $1 billion for the financial technology giant Ant Group on Friday, nearly three years after regulators blocked…

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Chinese billionaire Jack Ma creates stir among observers with unexpected visit to Pakistan: Report
Posted in China News

Chinese billionaire Jack Ma creates stir among observers with unexpected visit to Pakistan: Report

ISLAMABAD (PAKISTAN): Chinese billionaire and co-founder of Alibaba Group, Jack Ma, has created a stir among observers with his unexpected visit to Pakistan, according to…

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Chinese billionaire Jack Ma creates stir among observers with unexpected visit to Pakistan: Report
Posted in Pakistan News

Jack Ma Pakistan Visit: Chinese billionaire Jack Ma creates stir among observers with unexpected visit to Pakistan: Report | World News

ISLAMABAD (PAKISTAN): Chinese billionaire and co-founder of Alibaba Group, Jack Ma, has created a stir among observers with his unexpected visit to Pakistan, according to…

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A Weibo account belonging to Alibaba's hugely popular game said it would appeal the court decision, and that the game will continue to operate.(REUTERS)
Posted in Business

Alibaba’s ‘Three Kingdom Tactics’ ordered to pay NetEase over copyright

Alibaba’s “Three Kingdoms Tactics” mobile game has been ordered by a Chinese court to pay NetEase Inc 50 million yuan ($7.23 million) in compensation over…

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Jack Ma takes up visiting professor post in Japan
Posted in Rest of World News

Jack Ma takes up visiting professor post in Japan

TOKYO: Chinese billionaire Jack Ma on Monday took up a visiting professor position at a Japanese university, another new academic role for the founder of…

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Softbank: Alibaba's Hong Kong shares slump on SoftBank's stake sale report
Posted in Rest of World News

Softbank: Alibaba’s Hong Kong shares slump on SoftBank’s stake sale report

TOKYO: Japanese technology investor SoftBank Group Corp has moved to sell almost all of its remaining shares in Alibaba Group Holding Ltd, the Financial Times…

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zoho: Zoho India FY22 profit rises 43% to Rs 2,748.83 crore
Posted in Startups

paytm share buyback: Paytm completes share buyback worth Rs 850 crore

Digital financial services firm One97 Communications, which operates under the Paytm brand, on Tuesday said it has completed buyback of shares worth Rs 849.83 crore…

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