2025-06-04
Bloomberg
Sources: Thrive and Capital Group visited China to study its AI scene, joining a wave of US investors rekindling interest in China after DeepSeek's advances
Lulu Yilun Chen / Bloomberg : X: @luluyilun X: Lulu Yilun Chen / @luluyilun : Scoop: Capital Group, Kushner's Thrive visited China to study AI scene, as US investors rekindle interest in the country ...
2025-05-15
Bloomberg
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Alibaba reports Q1 revenue up 7% YoY to ~$32.8B, below $33B est., and net income up 279% to ~$1.7B, partly due to its equity investment gains; BABA drops 5%+
Crypto Sentiment Shifts Cissy Zhou / Nikkei Asia : Alibaba's Q1 revenue falls short as international e-commerce falters Bill McColl / Yahoo Finance : Alibaba Misses Forecasts on Chinese Consumer Slowd...
2024-11-15
Bloomberg
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Ant Group's profit grew ~193% YoY in the June quarter to $1.05B, reversing a year-long decline as it regains its footing from the Chinese government crackdown
Lulu Yilun Chen / Bloomberg :
2023-07-09
Bloomberg
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Ant Group is proposing to buy back up to 7.6% of shares at a ~$78.5B valuation, almost 70% lower than the $280B market capitalization of its scrapped 2020 IPO
Lulu Yilun Chen / Bloomberg :
2023-01-04
Bloomberg
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Chinese regulators approve Ant Group's plan to raise ~$1.5B for its consumer unit, signaling progress in the government-ordered overhaul of the fintech firm
Lulu Yilun Chen / Bloomberg :
2022-08-16
Bloomberg
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Analysis: Fidelity cut its estimate for Ant Group's valuation to $70B at the end of May, down from $78B in June 2021 and $235B before Ant's failed IPO in 2020
Lulu Yilun Chen / Bloomberg :
2022-07-26
Bloomberg
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Alibaba's annual report shows the company has removed all Ant Group executives from its partnership and says only its own staff will be able to become partners
Lulu Yilun Chen / Bloomberg :
2021-03-31
Bloomberg
Chinese grocery app Nice Tuan, which focuses on community group buying and claims to have 15M orders per day, raises $750M led by Alibaba and DST Global
Lulu Yilun Chen / Bloomberg :
2020-11-24
Bloomberg
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Full Truck Alliance, a Chinese startup which provides an Uber-like service for the trucking industry, raises $1.7B, source says at a ~$12B valuation
Lulu Yilun Chen / Bloomberg :
2020-05-29
Bloomberg
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Didi Chuxing raises $500M led by SoftBank for its autonomous driving division, the first external investment for the fledgling self-driving subsidiary
Lulu Yilun Chen / Bloomberg :
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