Tuesday 7 July 2015
 
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Alibaba

Alibaba sees $1 trillion in transactions in five years

Chinese e-commerce company Alibaba Group Holding is aiming to more than double its transaction volumes to more than $1 trillion in five years, the executive chairman Jack Ma told a conference in Chicago on Wednesday. Ma said the g

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China’a Alibaba to set up Dubai base

The cloud computing unit of Chinese e-commerce giant Alibaba Group Holding said it would establish a base in Dubai to seek business from companies and governments in the Mena region. The deal may bolster Dubai's efforts to dev

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China’a Alibaba to set up Dubai base

The cloud computing unit of Chinese e-commerce giant Alibaba Group Holding said it would establish a base in Dubai to seek business from companies and governments in the Mena region. The deal may bolster Dubai's efforts to dev

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Alibaba to invest $590m for minority stake in Meizu

Alibaba Group Holding is set to invest $590 million for a minority stake in Meizu Technology Corporation, a leading smartphone manufacturer in China. This investment will be subject to customary closing conditions, said a sta

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Morgan Stanley Q3 earning soars 87pc; markets upbeat

Morgan Stanley reported an 87 per cent rise in third-quarter earnings as the Wall Street bank's trading, investment banking and wealth management businesses benefited from increased client activity and a hot equity market. Rec

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$9.5bn windfall for Yahoo! from Alibaba 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 multi-billion-dollar boon. The latest windfall will be delivered with Alibaba's recor

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Yahoo's Q4 revenue slides as ad prices dip

Yahoo Inc's online ad prices slid again in the fourth quarter and Alibaba, the Chinese e-commerce giant in which it owns a big stake, saw revenue growth decelerate from its recent rip-roaring pace. Yahoo's overall revenue

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Yahoo in talks for Alibaba stake sale

Yahoo could be weeks away from selling 15 to 25 per cent of Alibaba Group's stock back to China's largest e-commerce company, in a deal designed to eliminate complexities that had scuttled the parties' previous negotiations, said a sou

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Alibaba hires US lobbying firm; eyes Yahoo

Alibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo in the event that talks to unwind their Asian partnership fail.     Japan

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Yahoo to weigh deals for Asian assets

Yahoo is considering a plan to unload most of its prized Asian assets in a complex deal valued at roughly $17 billion, sources familiar with the matter said Wednesday, winning nods of approval from Wall Street and driving its shares higher.  

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