Business


Posts filtered by tags: Alibaba[x]


 

Alibaba's Digital Media and Entertainment Unit Is Still a Money Pit

Latest earnings report hints that the tech giant should spin off its fragmented and unprofitable digital-media platforms.
Tags: Finance, Article, Digital Media, Alibaba, FBN, Motley Fool, Fbn/markets, Fox-business/markets, 1ff9d0c6-c8df-5aaf-bd31-8a728d28c298


Alibaba Thinks the Market Is Overreacting to the Trade War

Executive vice chairman Joseph Tsai shared some of his thoughts on trade tensions between the U.S. and China.
Tags: Finance, Article, Alibaba, FBN, Motley Fool, Joseph Tsai, Fbn/markets, Fox-business/markets, 9ce4a0c1-c222-5ab5-93b5-d4745370d5e4


Alibaba beats as its user base sees big growth (BABA)

Alibaba's fourth-quarter results beat on both the top and bottom lines. The e-commerce giant sees full-year revenue of over 500 billion Chinese yuan. Analysts surveyed by Bloomberg were expecting full-year revenue of 509 billion yuan. Shares were up about 1% ahead of Wednesday's opening bell. Watch Alibaba trade live. Alibaba on Wednesday morning posted fourth-quarter results that topped Wall Street estimates, but gave disappointing full-year revenue guidance. Shares were up about 1% ahead o...
Tags: China, Trends, Tesla, Bloomberg, Alibaba, Taobao, Baba, Daniel Zhang


Alibaba returns to growth with revenue up 51% to $13.9 billion

It’s business as usual for Alibaba after the Chinese e-commerce giant bounced back from a lackluster Q3 — which saw its slowest growth for three years. For Q4, the company saw revenue surge 51 percent year-on-year to reach 93.5 billion RMB, or $13.9 billion. That revenue beat analyst expectations of 91.5 billion RMB, according to Barons, and net income came in at 23.38 billion RMB, or $3.48 billion. Alibaba positions itself as the gateway to Chinese consumers, and it continues to grow. The compa...
Tags: Startups, Asia, China, Southeast Asia, Digital, E-commerce, Ceo, Economy, Alibaba, Tencent, Alipay, Alibaba Group, AliExpress, Idc, Online Marketplaces, Taobao


Alibaba Posts Strong Revenue Growth, Unfazed by Trade War

In its latest earnings report, the Chinese tech giant showed off top-line growth in revenue and active consumers.
Tags: Finance, Article, Alibaba, FBN, Motley Fool, Fbn/markets, Fox-business/markets, 4ef3d301-6956-5949-b1ec-e7581f29b7c1


Alibaba beats revenue expectations on cloud boost

Chinese e-commerce giant Alibaba Group Holding Ltd beat fourth-quarter revenue forecasts on Wednesday, thanks to growth in its core business and its diversification into cloud computing and other services.
Tags: Money, businessNews, Alibaba, Alibaba Group Holding Ltd


Alibaba revenue beats estimates on cloud boost; shares rise

China's Alibaba Group Holding Ltd beat analysts' estimates for fourth-quarter revenue on Wednesday, boosted by growth in its core e-commerce and cloud computing businesses.
Tags: Money, China, businessNews, Alibaba, Alibaba Group Holding Ltd


Alibaba quarterly revenue beats estimates

China's Alibaba Group Holding Ltd beat analysts' estimates for fourth-quarter revenue on Wednesday, boosted by growth in its core e-commerce and cloud computing businesses.
Tags: Money, China, businessNews, Alibaba, Alibaba Group Holding Ltd


Online grocery startup Grofers lands $200M led by SoftBank’s Vision Fund

Hot on the heels of Indian delivery startup BigBasket raising $150 million — at a unicorn valuation, no less — so its close rival Grofers has also pulled in capital after it announced a $200 million raise to battle its local competition and international giants Amazon and Walmart. The round is the largest in India’s online grocery sector to date, and it was led by SoftBank’s Vision Fund, which continues to make major bets on the nation’s growing internet economy. KTB, and existing investors T...
Tags: Amazon, Food, Startups, TC, Asia, India, Softbank, Funding, Tech, Walmart, Alibaba, Alibaba Group, Logistics, Delhi, Sequoia Capital, Tiger Global


Alibaba founder Jack Ma tells staff to have sex 'six times in six days'

One of China's wealthiest men, Jack Ma, founder of tech giant Alibaba, is urging his employees to have more sex in pursuit of a better work-life balance.Ma gave a light-hearted speech at an event at which dozens of Alibaba couples... [Author: [email protected]]
Tags: Business, China, Alibaba, Jack Ma, Ma


Alibaba founder Jack Ma's tells staff to have sex 'six times in six days'

One of China's wealthiest men, Jack Ma, founder of tech giant Alibaba, is urging his employees to have more sex in pursuit of a better work-life balance.Ma gave a light-hearted speech at an event at which dozens of Alibaba couples... [Author: [email protected]]
Tags: Business, China, Alibaba, Jack Ma, Ma


India’s largest mobile wallet company Paytm now offers a credit card

Paytm, India’s largest mobile wallet app, has branched out to several businesses in recent years as threat from Google and Facebook grows. On Tuesday, it added another category to the list: credit cards. The firm, operated by One97 Communications, today unveiled Paytm First Credit Card with lofty benefits as it races to bulk up its financial offerings. The cards, issued by Citi Bank, will be the first in the country to offer unlimited, one percent cashback on purchases, Paytm claimed in a sta...
Tags: Google, Google Play Store, Mobile, Facebook, Uber, Asia, Finance, India, Softbank, Tech, Alibaba, Berkshire Hathaway, Warren Buffett, Payments, Zomato, Citibank


JD.com to foster connected vehicle fleets with $55M investment

JD.com, the Chinese answer to Amazon and Alibaba’s long-time rival, is looking to further automate its logistics network after agreeing to pour 376 million yuan (around $55 million) into Jiangsu Xinning Modern Logistics in exchange for up to 10 percent stake. That’s according to a filing released on Monday by Xinning, a China-listed logistics firm with supply chain services tailored to consumer electronics. The ally appears as a good fit since much of JD’s revenue is driven by big-ticket elec...
Tags: Amazon, Fundings & Exits, Ecommerce, Asia, Minnesota, Electronics, China, Tech, Ceo, Alibaba, JD.com, Alibaba Group, Logistics, Fedex, Consumer Electronics, Huang


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Tuesday. Facebook rushed to patch a security flaw in WhatsApp that allows attackers to inject spyware onto phones. The Financial Times reported that hackers had already hijacked WhatsApp calls to run the malware, which can eavesdrop on calls and access photos and the camera. The US Supreme Court ruled against Apple in a case centred on the App Store. Justices voted to allow a class-action lawsuit from consumers who accused Apple of mono...
Tags: Apple, Google, Facebook, Mark Zuckerberg, US, Trends, Canada, United States, Washington Dc, Alibaba, Reddit, Silicon Valley, Wikileaks, Seattle, Huawei, Jack Ma


Microsoft's cloud grew 73% last year. Leaders and employees from 10 tech companies weigh in on whether it can topple Amazon's cloud reign (MSFT, AMZN)

Right now, Amazon Web Services has the biggest share in the cloud market, but Microsoft's cloud is catching up as well. Microsoft has been promoting its hybrid cloud strategy, artificial intelligence abilities, and relationships with enterprise customers. Business Insider spoke with leaders and developers at 10 tech companies on the state of the cloud wars and whether Microsoft can beat AWS. Visit Business Insider's homepage for more stories. When Microsoft reported its earnings last quarter,...
Tags: Google, Amazon, Microsoft, Azure, Trends, Alibaba, Ibm, Pentagon, Seattle, Amazon Web Services, Cto, Paychex, Joe Duffy, Security Solutions, Logz, Bill Richter


Android pioneer HTC stages retreat from China

The phone-maker is closing its online stores on Alibaba and JD.com's platforms in the country.
Tags: Business, China, Alibaba, Htc


Jack Ma told Alibaba staff to have lots of sex at a mass wedding celebration for his employees

Alibaba CEO Jack Ma attended a mass wedding for his employees on Friday. At the wedding, Ma made a pun on China's infamously gruelling "996" work week which he advocates. Ma told the employees that while in work they should adhere to 996, in life they should follow "669," which he described as: "Six days, six times, with duration being the key." Visit Business Insider's homepage for more stories. Chinese billionaire and Alibaba owner, Jack Ma, attended a company mass "wedding" on Friday, tell...
Tags: China, US, Trends, Alibaba, Jack Ma, Weibo, Ma, South China Morning Post, KPI, Disney Plus, Technode Ma


Jack Ma told Alibaba staff to have lots of sex at a mass wedding for his employees

Alibaba CEO Jack Ma attended a mass wedding for his employees on Friday. At the wedding, Ma made a pun on China's infamously gruelling "996" work week which he advocates. Ma told the employees that while in work they should adhere to 996, in life they should follow "669," which he described as: "Six days, six times, with duration being the key." Visit Business Insider's homepage for more stories. Chinese billionaire and Alibaba owner, Jack Ma, attended a company mass wedding on Friday, tellin...
Tags: China, US, Trends, Alibaba, Jack Ma, Weibo, Ma, South China Morning Post, KPI, Technode Ma


Uber sinks 6.7% in its trading debut (UBER)

Uber opened for trading as a public company Friday at $42 a share, a drop of 6.7% from its initial-public-offering price of $45. Thursday night's pricing gave the ride-hailing company a valuation of $75.5 billion. Uber's IPO was the US's third-largest on record. Visit Markets Insider's homepage for more stories. Uber fell 6.7% in its stock-market debut. Shares opened for trading Friday on the New York Stock Exchange at $42 apiece, down from the $45 on Thursday evening. At $45 a share, Ube...
Tags: Google, Facebook, Lyft, Uber, China, US, San Francisco, Trends, New York Times, Alibaba, Travis Kalanick, New York Stock Exchange, Kalanick, Garrett Camp, Mike Isaac, Morgan Stanley Goldman Sachs


Uber opens at a disappointing $42 per share

At long last, it’s lift-off for Uber. After its initial public offering at $45 per share, at the bottom end of the range it set previously, to raise $8.1 billion, transportation startup began trading today on the New York Stock Exchange, and the shares opened at $42, down from the IPO price. Ahead of Uber finally making its debut, the company had an indication price that went as low as $42 ahead of live trading. With the overall market in a slump this week over trade woes with China, it’s a ch...
Tags: Fundings & Exits, TC, Transportation, Facebook, Lyft, Uber, China, Ipo, Tech, Paypal, Alibaba, Venture Capital, Travis Kalanick, New York Stock Exchange, Nyse, Dara Khosrowshahi


Uber goes public in one of the biggest IPOs on record, crowd erupts as ousted founder Travis Kalanick arrives with his dad (UBER)

Uber priced its initial public offering at $45 a share on Thursday evening, giving it a valuation of $75.5 billion. Shares are indicated to open for trading between $42 and $43 apiece.  The IPO will be one of the largest on record in the US. Visit Markets Insider's homepage for more stories. Uber is set to begin trading on the New York Stock Exchange on Friday in one of the largest initial public offerings in US history. The event brought together the cofounders Garrett Camp and Travis Kala...
Tags: Google, Facebook, Lyft, Uber, China, US, San Francisco, Trends, Earth, New York Times, Alibaba, Travis Kalanick, New York Stock Exchange, Thanos, Garrett Camp, Mike Isaac


LIVE: Uber is set to begin trading in one of the largest US IPOs on record (UBER)

Uber's highly anticipated initial public offering is imminent.  Shares are set to begin trading on the New York Stock Exchange on Friday in one of the largest US-listed IPOs on record. Uber priced at $45 a share on Thursday evening, giving it a valuation of $75.5 billion. Banks were seeking a valuation of $120 billion at the start of the IPO process.   Visit Markets Insider's homepage for more stories. Uber is set to begin trading on the New York Stock Exchange on Friday in one of the larges...
Tags: Google, Facebook, Lyft, Uber, China, US, San Francisco, Trends, Paypal, Fbi, Alibaba, New York Stock Exchange, Trump, Morgan Stanley Goldman Sachs, Waymo Uber, Sarah Sanders


Liberty owner Joe Tsai wants to help grow US-China relations

NEW YORK (AP) — The New York Liberty’s new owner Joe Tsai saw the team’s exhibition game against the Chinese national team Thursday night as a chance to grow relations between the two countries. The co-founder of Chinese multinatioinal conglomerate AliBaba said he travels a lot for work and at each conference he’s asked about […]
Tags: Business, New York, News, US, Sports, Ap, Alibaba, Nba, Joe Tsai


The Alibaba executive posted to head the New Zealand market, drive local growth

Chinese e-commerce giant Alibaba has appointed Pier Smulders as the country manager for New Zealand - signalling its intention for the market.Smulders, a New Zealander, will be the face of Alibaba in New Zealand and lead the internet... [Author: [email protected]]
Tags: Business, Alibaba, New Zealand, Pier Smulders


Chinese AI start-up Megvii raises $750 million ahead of planned HK IPO: Reuters

Chinese artificial intelligence (AI) provider Megvii Inc, commonly known as Face++, said on Wednesday it raised $750 million in its latest funding round. The funding raises start-up Megvii’s valuation to slightly over $4 billion as it prepares for an initial public offering (IPO) in Hong Kong planned for later this year, said two sources with knowledge of the matter. Bank of China Group Investment (BOCGI) Ltd, the state bank’s private equity arm, led the fundraising with $200 million, they said....
Tags: Hong Kong, China, Ipo, Softbank, Trends, Beijing, Alibaba, Cctv, Ai, Alibaba Group, Reuters, Jpmorgan, Tsinghua University, Citigroup Goldman Sachs, Huawei Technologies, VC Deals


Embracing Your Company’s ‘Digital Destiny’

Every single industry has a “digital destiny” – an inevitable and unavoidable future that will be shaped by the forces of digital technology. There are no exceptions here. There’s no chance of escaping and somehow clinging on to the past. Just like previous waves of disruptive technological change throughout human history, nothing can possibly impede ...
Tags: Digital, Innovation, Alibaba, Caterpillar, Feature Of The Week


Brankas wants to bring Southeast Asia’s banks and e-commerce into the digital era

Fintech continues to be among the biggest topics driving startups and investment in Southeast Asia. The region’s ‘internet economy’ is forecast to grow massively as its 600 million people increasingly come online — already Southeast Asia more internet users (350 million) than the U.S. has people but developing a robust payment landscape underpins those heady growth forecasts. Beyond the most prevalent consumer brands — such as ride-hailing giants Grab and Go-Jek — and the outsiders pouring money...
Tags: Asia, Europe, Money, Indonesia, California, Finance, Southeast Asia, Singapore, Tech, Banking, E-commerce, Thailand, United States, Philippines, Malaysia, Bud


India’s Bigbasket valued at over $1 billion in fresh funding round: Reuters

A group of investors, including South Korea-based Mirae-Naver and China’s Alibaba Group, led a $150 million funding round in online grocery company Bigbasket, valuing the startup at over $1 billion, the Indian company said on Monday. Bigbasket, which sells everything from groceries and fresh produce to pet food, competes with Amazon.com Inc and Walmart Inc’s e-commerce unit Flipkart in many categories. Supermarket Grocery Supplies Private Ltd, which owns Bigbasket, will use the proceeds for expa...
Tags: South Korea, UK, China, India, Trends, Alibaba, Alibaba Group, BigBasket, Reuters, Amazon com Inc, VC Deals, Hari Menon, Amazon BigBasket, Walmart Inc, CDC Group, Mirae Asset Naver Asia Growth Fund


Grocery startup BigBasket becomes India’s newest unicorn with new $150M investment

India has a new unicorn after BigBasket, a startup that delivers groceries and perishables across the country, raised $150 million for its fight against rivals Walmart’s Flipkart, Amazon and hyperlocal startups Swiggy and Dunzo. The new financing round — a Series F — was led by Mirae Asset-Naver Asia Growth Fund, the U.K.’s CDC Group and Alibaba, BigBasket said on Monday. The closing of the round has officially helped the seven-year-old startup surpass $1 billion valuation, co-founde...
Tags: Google, Amazon, Food, Startups, Asia, India, Funding, Tech, Walmart, United Kingdom, Alibaba, Logistics, Flipkart, BigBasket, Unicorn, Amazon Pantry


Microsoft, Google and others 'are making little or no impact' on Amazon's cloud dominance, according to an analysis of their quarterly earnings reports (AMZN, MSFT, GOOG, GOOGL)

Cloud market researcher Synergy is in the process of tallying the market share of the top vendors now that all of their Q1 earnings reports are in. Business Insider got a look at a preview of the report.  The big news is that even though the market is growing incredibly rapidly for cloud vendors like Microsoft and Google, they aren't peeling share away from Amazon. Visit Business Insider's homepage for more stories. Now that all of the major cloud computing vendors have published their first ...
Tags: Google, Amazon, Microsoft, Trends, Alibaba, Tencent, Aws, Ibm, Dell, Sundar Pichai, Amazon Web Services, Microsoft Google, AMZN, Amazon Microsoft, John Dinsdale, Synergy Research Group



Filters
show more filters
March - 2019
MoTuWeThFrSaSu
    123
45678910
11121314151617
18192021222324
25262728293031
April - 2019
MoTuWeThFrSaSu
1234567
891011121314
15161718192021
22232425262728
2930     
May - 2019
MoTuWeThFrSaSu
  12345
6789101112
13141516171819
20212223242526
2728293031