Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba
Meituan posted its first loss in almost three years, reflecting the toll of a three-way battle with Alibaba Group Holding Ltd …
Sources: Alibaba is planning to raise $5B to $8B in a USD-denominated bond sale this month, as China increases scrutiny of Jack Ma's empire
HONG KONG (Reuters) - China's Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a U.S. dollar-denominated bond this month …
Sources: Alibaba has delayed its up to $15B listing in Hong Kong, initially set to launch in late August, amid growing political unrest
HONG KONG/NEW YORK (Reuters) - China's biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing …
Alibaba beats with June quarter revenue of $16.3B, up 42% YoY, cloud computing revenue of $1.1B, up 66% YoY, and core commerce revenue of $14.14B, up 44% YoY
SHANGHAI (Reuters) - China's Alibaba Group Holding Ltd (BABA.N) reported better-than-expected quarterly revenue and profit on Thursday …