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
Tinseltown Troubles Torment Studios: Earnings Week Ahead
This week’s entertainment industry earnings are all about the labor disputes gripping Hollywood, as twin strikes by the
1970-01-01 08:00
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
1970-01-01 08:00
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.
1970-01-01 08:00
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
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
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
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
China's Alibaba says it will not join Ant Group share buyback
BEIJING China's Alibaba Group said on Sunday it had decided not to participate in a proposed repurchase of
1970-01-01 08:00
Alibaba to Reorganize Employee Ranking System, SCMP Reports
Alibaba Group Holding Ltd. plans to reorganize its internal employee ranking system, prolonging the promotion period of mid-level
1970-01-01 08:00
TikTok Signs Payments Pact With Advance Intelligence in Malaysia
TikTok’s e-commerce arm struck a partnership with Advance Intelligence Group, a financial technology startup, to expand its online
1970-01-01 08:00
Xi’s Private-Sector Propaganda Push Runs Into Wall of Skepticism
China’s latest pledges to rebuild a shattered private sector fell flat with investors, underscoring the damage two years
1970-01-01 08:00