Alibaba chairman: Macau has ‘untapped potential market for sports’

- Monday, February 26, 2024 - 10 months ago No Comments 3,019 Views

Joe Tsai, chairman of Alibaba and owner of NBA team the Brooklyn Nets, believes Macau has untapped potential to host sports-related events. As one

Business

Alibaba approves additional $25 billion share buyback as revenue disappoints

- Thursday, February 8, 2024 - 10 months ago No Comments 5,146 Views

Chinese e-commerce firm Alibaba Group Holding yesterday approved an additional $25 billion authorization to its share buyback program, amid lower-than-expected sales revenue for the last quarter of

China Headlines

Alibaba announces new CEO and chairman in major management reshuffle

- Wednesday, June 21, 2023 - 1 year ago No Comments 6,412 Views

Chinas Alibaba Group has announced a major management reshuffle as the e-commerce giant restructures into six different business divisions to adapt to fast-changing technologies.

Headlines Macau

Alibaba to issue RMB5,000 internship subsidy to Macau interns

- Tuesday, April 4, 2023 - 2 years ago No Comments 3,611 Views

The Labour Affairs Bureau (DSAL) is cooperating with Alibaba for a second training and internship project for Macau young people to go to Alibaba in

Breaking News China Headlines

Where is Jack Ma, China’s e-commerce pioneer?

- Tuesday, January 5, 2021 - 4 years ago No Comments 8,062 Views

China's best-known entrepreneur, e-commerce billionaire Jack Ma, made his fortune by taking big risks. The former English teacher founded Alibaba Group in 1999, when China had few internet users. Online payments

Business

Alibaba stock soars in jubilant trading debut

- Monday, September 22, 2014 - 10 years ago No Comments 4,132 Views

Alibaba debuted as a publicly traded company Friday and swiftly climbed nearly 40 percent in a mammoth IPO that offered eager investors seemingly unlimited growth potential and a way to