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Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link
China's Ant Group Slapped With Nearly $1 Billion Fine
Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its
Hopes for Hong Kong's IPO Market Rest on Alibaba, JD.com Carve-Outs
Investors see the tech giants’ plans to sell shares in subsidiaries as another sign that China’s regulatory crackdown has eased. Source link
Disney, First Citizens, Alibaba: Stocks That Defined the Week
Markets Stocks Here are seven major companies whose stocks moved on the week’s news Source link
Jack Ma Engineered Alibaba's Breakup From Overseas
The Chinese billionaire used his influence within Alibaba Group, the e-commerce empire he built, to orchestrate its breakup plans, people familiar with the matter said.
For Alibaba, Six Is Bigger Than One—And a Smaller Target
There are good reasons to think that a split-up Alibaba would be more valuable. In this case, politics and profits are pointing in the same
Alibaba to Split Into Six Groups and Explore IPOs
The biggest structural overhaul in the Chinese tech company’s history comes a day after co-founder Jack Ma returned to mainland China. Source link
China's Ant Gives Trapped Investors an Opportunity to Cash Out
China's Ant Gives Trapped Investors an Opportunity to Cash Out Source link