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
1970-01-01 08:00
Alibaba’s Sales Beat Estimates in First Step of Comeback Effort
Alibaba Group Holding Ltd.’s revenue beat expectations after its core e-commerce arm returned to growth, a big step
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
Paytm Founder Sharma to Buy 10.3% Stake From Ant Affiliate
Paytm founder Vijay Shekhar Sharma will buy a 10.3% stake from an affiliate of China’s Ant Group Co.,
1970-01-01 08:00
NFT Rout Crushes $1.5 Billion Windfall for Artists as Markets Slash Royalties
Tension between traders and creators of digital collectibles is deepening amid a painful slump in the market for
1970-01-01 08:00
California Teachers’ Pension Keeps Shrinking Its Exposure to China
China fell out of the top 12 ranking of the California State Teachers’ Retirement System based on country
1970-01-01 08:00
China Asks Tech Giants to Showcase Investments in Sign of Easing
China has asked its largest technology companies to provide case studies of their most successful startup investments in
1970-01-01 08:00
Saudis Make First Big Global Mining Bet With Vale Metals Stake
Saudi Arabia has made the first big deal in a push to deploy its vast wealth into the
1970-01-01 08:00
Jack Ma-Backed Ant Plans Restructuring, Paving Way for HK IPO
Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of
1970-01-01 08:00
Elon Musk Pursues Banking in Wake of Rivals’ Failed Attempts
Billionaire Elon Musk’s grand vision is to turn Twitter into a one-stop shop for financial services. It’s hardly
1970-01-01 08:00
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
1970-01-01 08:00