Sea’s $10 Billion Wipeout Lays Hard Road Back From Tech Crash
Sea Ltd.’s historic 29% tumble erased close to $10 billion from its market value, wiping out a quarter
2023-08-16 12:51
Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the
2023-08-15 04:23
Alibaba’s Revenue Beat Estimates in First Step of Comeback
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
2023-08-10 18:55
Alibaba’s Options Signal Rising Optimism Ahead of Earnings
Alibaba Group Holding Ltd.’s options are flashing positive signs ahead of the Chinese tech company’s June quarter results.
2023-08-10 10:24
Alibaba, Tencent’s $66 Billion Party Starts to Fade
China’s largest tech companies Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have gained $66 billion in market
2023-08-09 08:59
SoftBank Vision Fund Swings to Profit on Global Tech Rebound
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a
2023-08-08 14:56
Carlyle, GIC Skip Ant’s Buyback After Valuation Slumps 70%
A number of global investors including Warburg Pincus and Canada Pension Plan Investment Board are opting out of
2023-08-08 10:45
SoftBank May Turn Profit After $48 Billion in Vision Fund Losses
SoftBank Group Corp.’s Vision Fund is likely to return to profitability after five quarters of losses, thanks to
2023-08-07 12:29
China or India? How to Invest in the Coming Asia Boom
(Bloomberg Markets) -- Money managers are navigating an historic shift: India’s population, at 1.43 billion, edged past China’s this year.
2023-08-07 08:27
Alibaba unveils open-sourced AI model similar to Meta's Llama 2
HONG KONG Chinese tech giant Alibaba Group's cloud computing unit released two open-sourced artificial intelligence (AI) models on
2023-08-03 15:18
China Asks Tech Giants for Case Studies in Sign of Easing
China has asked its largest technology companies to provide case studies of their most successful startup investments in
2023-07-28 11:55
Alibaba to Stay on Sidelines of Ant’s $6 Billion Stock Buyback
Alibaba Group Holding Ltd. has decided not to sell any part of its one-third stake in Ant Group
2023-07-24 09:16