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Alibaba

Alibaba’s Decision Sinks Hong Kong Stocks, Clouding Global Markets

Hong Kong faced losses in Asian markets today, with Alibaba’s announcement of canceling its cloud computing arm, spinoff, catalyzing a widespread sell-off. The repercussions rippled across trading floors, amplifying uncertainties amid the ongoing US-China tensions and global economic outlook. In a turn,

November 17, 2023

Business·News·World News

Alibaba Announces CEO’s Surprise Exit Amid Major Changes

In an unexpected twist, Chinese e-commerce titan Alibaba has announced the departure of its former CEO, Daniel Zhang, just as the company was gearing up for a significant restructuring. Zhang, who was set to lead the firm’s new cloud computing subsidiary as

September 11, 2023

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Alibaba

Alibaba’s Decision Sinks Hong Kong Stocks, Clouding Global Markets

Alibaba Announces CEO’s Surprise Exit Amid Major Changes

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