Alibaba Group Holding Ltd (NYSE: BABA) And Other Investors Lead $400 Million Funding For Masan Group’s Retail Division

Alibaba Group Holding Ltd (NYSE: BABA) is leading a $400 million investment funding round in Masan Group Corp’s retail arm, Crownx. The investment in the Vietnamese conglomerate’s retail unit marks Alibaba’s first investment in Vietnam, which is among the fastest-growing Asian economies.  Alibaba acquires a stake in Masan’s retail division, The CrownX. The Chinese e-commerce […]

Alibaba Group Holding Ltd (NYSE:BABA) Holds Top Slot In The Cloud Services Market In China With A Share of 40.1%

The demand for cloud services in China is second to the US in the world. Alibaba Group Holding Ltd (NYSE:BABA) holds a market share of 40.1% in the cloud services market in China and occupies the top slot. Given the government stimulus measures and growing demand for cloud services amid the ongoing coronavirus crises, the […]

After TikTok, Alibaba Group Holding Ltd (NYSE:BABA) May Be The Next Target In U.S-China Trade War

Trump’s crackdown on Chinese tech companies does not seem to slow down any time soon after the US president gave the latest indication of extending the crackdown to Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA). In the latest escalation of conflicts between the world’s two superpowers, the US has been aiming at Chinese tech […]