Alibaba To Make Significant Job Cuts Amid IPO Plans
In March, Alibaba Group planned to split into six business groups and launch separate public listings, triggering mass layoff, according to a Nikkei Asia report.
May 24, 2023, 12:02 PM IST
Hong Kong bourse to review listing rule, after Alibaba IPO loss
"We are considering proposing that, generally, "one share, one vote" should prevail but that weighted voting rights structures should be allowed for certain companies in certain circumstances and with certain safeguards," HKEx`s head of listing David Graham said in the statement.
Jun 19, 2015, 18:30 PM IST
Alibaba investors face lock-up battered but largely unbowed
As Alibaba was preparing to sell shares to US investors for the first time, Jerry Verseput tried to persuade his clients not to throw money at the giant China-based e-commerce company because he thinks IPOs are a gamble, especially those with a lot of hype.
Mar 18, 2015, 20:50 PM IST
Alibaba staff denied traditional Chinese New Year gift by CEO
Internet tycoon Jack Ma has said his employees will not receive traditional Chinese New Year gifts because 2014 had not been "exceptional" for the company, despite its world-beating IPO listing on Wall Street.
Feb 14, 2015, 15:41 PM IST
Jack Ma warns of risks for Alibaba after big success in 2014
Buoyed by it success Ma has recently visited India and promised to invest more in Indian markets to expand his business network.
Jan 06, 2015, 13:18 PM IST
Jack Ma warns of risks for Alibaba after big success in 2014
Ma said the company faced more pressures due to the limelight it received following its big show last year by winning the biggest IPO.
Jan 06, 2015, 12:27 PM IST
S.Korea's SM Entertainment denies report of Alibaba stake buy
South Korea`s S.M. Entertainment Co on Tuesday denied a media report saying Alibaba Group Holding is considering an investment in the leading K-Pop agency through a stake buy.
Nov 25, 2014, 09:39 AM IST
Alibaba raises $8 bn in bond deal
Chinese e-commerce giant Alibaba on Thursday raised $8 billion in a bond offering, the Wall Street Journal said.
Nov 21, 2014, 12:06 PM IST
Canada's RBC withdrew from Alibaba IPO after employee's inadvertent comment
Royal Bank of Canada said on Tuesday it pulled out of and forfeited fees in the Alibaba initial public offering, after an employee commented on the deal during the quiet period before the world`s largest IPO.
Oct 29, 2014, 06:54 AM IST
Alibaba approved for private bank in China
China previously had only two private banks, Minsheng and Ping An.
Sep 29, 2014, 14:59 PM IST
Alibaba options set for strong demand on market debut
The newest way to bet on the fortunes of Chinese e-commerce heavyweight Alibaba Group Holding Ltd will debut on Monday when its stock options go live for trading, and investors should look for the initial action to be very busy, but also choppy and potentially pricey.
Sep 26, 2014, 12:36 PM IST
Jack Ma of Alibaba becomes China`s richest person
The largest stock offer in history has made Jack Ma, founder of e-commerce giant Alibaba, China`s richest person with a fortune of $25 billion.
Sep 23, 2014, 12:40 PM IST
Alibaba IPO ranks as world's biggest after additional shares sold
Alibaba`s initial public offering now ranks as the world`s biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares.
Sep 22, 2014, 17:26 PM IST
Alibaba's IPO biggest ever globally after additional shares sold
Alibaba Group Holding Ltd and some of its shareholders have sold an additional 48 million shares, a source with direct knowledge of the deal said on Monday, making its IPO the biggest-ever globally at a value of $25.03 billion.
Sep 22, 2014, 10:12 AM IST
Alibaba makes Wall Street debut
Alibaba made its long-awaited Wall Street debut Friday on the heels of a record stock offering that opens the door to global expansion for the Chinese online retail giant.
Sep 19, 2014, 20:55 PM IST
Yahoo rakes in another jackpot from Alibaba's IPO
Yahoo is making amends for years of blundering with one smart move: an early investment in China's Alibaba Group that has turned into a multibillion-dollar boon.
Sep 19, 2014, 19:35 PM IST
Alibaba sets IPO share price at $68 per share, to raise $25 billion
The amount raised by the initial public offering (IPO) would be USD 25.02 billion if options are exercised for additional demand, breaking the 2010 record of China`s AgBank of USD 22.1 billion.
Sep 19, 2014, 09:13 AM IST
Alibaba set to price IPO shares amid investor frenzy
In a note Thursday, analysts at Morningstar said the shares are more fairly valued at $90 each.
Sep 18, 2014, 23:22 PM IST
Alibaba set for record IPO debut; may raise $25 bn
Chinese online giant Alibaba Group is set for a record IPO debut on Friday at the New York Stock Exchange (NYSE) where is it expected to raise about USD 25 billion through the sale of shares.
Sep 18, 2014, 20:06 PM IST
Alibaba in talks with Snapdeal to enter India: Report
Chinese e-commerce giant Alibaba is in talks with online retailer Snapdeal to enter India, a daily business newspaper reported on Thursday, citing two people aware of the development.
Sep 18, 2014, 09:52 AM IST
