Alibaba Reportedly Lays Off Around 10,000 Employees in Three Months
Chinese e-commerce giant Alibaba Group Holding has fired around 10,000 employees, in three months, various media reported.These layoffs come after Alibaba…
Browsing Tag
Jack Ma
Jack Ma’s Ant Group Revamps Its Board
Ant Group Co., the Chinese financial-technology giant controlled by billionaire
Jack Ma,
disclosed that…
Didi and Lenovo Founder Clear Weibo Accounts, Raise Questions on Possible Danger in Public Speaking
Prominent Chinese billionaires, including Lenovo group founder Liu Chuanzhi, and the President of Didi Chuxing, Liu Qing have cleared their Weibo accounts…
Didi, Lenovo Founder Erase Their Weibo Account Histories
Prominent Chinese billionaires, including Lenovo group founder Liu Chuanzhi, and the President of Didi Chuxing, Liu Qing have cleared their Weibo accounts…
Alibaba’s Russia Venture Puts Chinese E-Commerce Giant in Awkward Spot
On a business trip to Russia in 2016,
Alibaba
BABA -2.52%
founder
Jack Ma…
Alibaba increases share buyback size to record $25 billion
Alibaba raised its share buyback programme to $25 billion on Tuesday, the largest ever repurchase plan by the e-commerce giant, to prop up its battered…
Why Paytm ‘bombed’, Zomato and Nyka didn’t
Everybody loves Vijay Shekhar Sharma.He had everything going for him when he started his fintech company PayTM a little over a decade back: A modest…
Paytm IPO Subscribed 48 Percent as Firm Heads Into Last Issue Day, Garners Bids for 23.5 Million…
Indian fintech firm Paytm's initial public offering (IPO) of up to Rs. 18,300 crore was subscribed 48 percent on the second day of the issue period,…
Paytm IPO Subscribed 48 Percent as Firm Heads Into Last Issue Day
Indian fintech firm Paytm's initial public offering (IPO) of up to Rs. 18,300 crore was subscribed 48 percent on the second day of the issue period,…
How Chinese billionaire flew close to the sun
This was supposed to be Jack Ma's finest hour: a year ago to the day, his Ant Group was meant to go public in a $37 billion blaze of glory. Instead Beijing…