BABA


Alibaba Set To Raise Up To $8B From Debt Sale – Report

Alibaba is planning to raise as much as $8 billion by selling US dollar-denominated bonds as early as next week, according to reports …

Alibaba, Richemont To Invest $1.1B In Farfetch For China Push; Stock Up 323% YTD

Alibaba and Swiss luxury brand group Richemont have teamed up to invest $1.1 billion in fashion retail platform Farfetch to meet the growing …

Alibaba Falls 3% As Revenue Dips Below Street Estimates

Shares in Chinese e-commerce giant Alibaba (BABA) are falling 3% in Thursday’s pre-market trading after BABA reported mixed earning results for the fiscal …

Alibaba-Backed XPeng Records 229% Rally In EV Deliveries; Stock Up 8%

XPeng Motors delivered a total of 3,040 of its smart electrical vehicles (EVs) in October, a whopping 229% increase year-over-year. Shares are up more …

Ant Group Sets Hong Kong List Price For Blockbuster IPO- Report

Ant Group has set the price for the Hong Kong part of its initial public offering at HK$80 a share (US$10.32), implying it …

Alibaba Teams Up With BMW For Digital Shift

Alibaba has signed an agreement for a strategic partnership with BMW in Beijing to help drive digital transformations across businesses in China. According …

Alibaba Strikes $3.6B Deal For China’s Hypermarket Sun Art

Alibaba Group will invest about $3.6 billion to ramp up its stake in hypermarket operator Sun Art Retail to 72% in a bid …

Ant Group Scores Key Approval For Hong Kong Listing- Report

Fintech giant Ant Group Co has scored a key regulatory approval from the China Securities Regulatory Commission for its Hong Kong listing, reports Bloomberg, citing …

Alibaba To Take Dufry Stake, As Part Of Online Travel Venture

Alibaba has snatched a deal to buy a stake of up to 9.99% in Dufry as part of a travel online joint venture …

Alibaba-Backed XPeng Posts Record EV Deliveries; UBS Sees 37% Upside

XPeng Motors delivered a record 3,478 of its smart electric vehicles (EVs) in September 2020, representing a surge of 145% year-on-year. XPeng (XPEV) …

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