Alibaba Group Holding Ltd (NYSE: BABA) Recently Removed Its Nonfungible Token a Mere Day After It Was Announced

Alibaba Group Holding Ltd (NYSE: BABA) recently released the NFT fixing by introducing services such as web participation and hosting, and virtual marketing, among others. However, the solutions were removed from the company’s website but are still present on Google search history. The company released a  nonfungible token solution and then, without notice, removed all […]

Predictions on Alibaba Group Holding Ltd (NYSE: BABA) amid the China-US Trade Wars and the Recent Lockdowns

Several companies, including XPeng and Alibaba Group Holding Ltd (NYSE: BABA), have a lot at stake as they prepare to deliver their earnings for the quarter. However, with the recent  COVID-19 lockdowns in China, the majority of the Hong Kong stocks declined following a two-week elevation in the institution’s earnings. The capital also raised concerns […]

Alibaba Group Holding Ltd (NYSE: BABA) Records Poor Performance

Alibaba Group Holding Ltd (NYSE: BABA) is among the tech companies in China that have recorded poor performance. Another one is JD.com Inc (NASDAQ: JD). However, the country’s organisations recorded at least a decline of 2%, as indicated in the recent stock publication. The stock’s reduction trails a worldwide sell-off that strengthened the Federal Reserve […]

Alibaba Group Holding Ltd (NYSE: BABA) Says Olympic Winter Games Will Be More Efficient Due to Cloud Technology

Alibaba Group Holding Ltd (NYSE: BABA) stated that because of cloud technology, the Olympic Winter Games Beijing 2023 has become more sustainable and efficient. Moreover, cloud technology has helped the city reduce the cost of hosting the event. For the Olympics, the Beijing Organizing Committee for the 2022 Olympic and Paralympic Winter Games (BOCOG) is […]

Hang Seng Tech’s Stock Market Decline While Alibaba Group Holding Ltd (NYSE: BABA) Rises Amidst New Regulation Scrutiny From Beijing

Alibaba Group Holding Ltd (NYSE: BABA) and other companies in China are the subjects of regulations from Beijing. As a result, Hang Seng Tech’s stock recently dropped by 1.9% since its establishment in 2020. Another company that performed poorly was Alibaba. Analysts and investors are now even more reluctant to invest in Chinese companies because […]

Alibaba Group Holding Ltd (NYSE: BABA) Shares Gain By 6.4% After Jack Ma is Seen in Mallorca

Alibaba Group Holding Ltd (NYSE: BABA) shares gained 6.4% after news that its founder Jack Ma was touring the island of Mallorca near the Spanish Coast. This increase added over $27 billion to its value despite the report being unverified and unrelated to company affairs. Ma gave a controversial speech in 2020 that resulted in […]

Alibaba Group Holding Is Experiencing a Steady Rise After it Lost $344 Billion in October

Alibaba Group Holding Ltd (NYSE: BABA) is seeing a steady rise in shareholder value. This increase comes after the company bottomed out in October 2020 following a speech made by its founder Jack Ma. Jack Ma’s speech caused a government crackdown on major Chinese companies The speech, which condemned regulations that stifled innovation and called […]

Alibaba Group Holding Ltd – ADR (NYSE: BABA) Participates In A $300 Million Funding Round To Boost Deeproute.ai

Alibaba Group Holding Ltd – ADR (NYSE: BABA) has channeled funds into a  $300 million funding round to support DeepRoute.ai., an autonomous driving start-up in China. The Shenzhen-based start-up has over the years focused on the development of self-driving systems, and it wishes to take its game a notch higher. It has also been operating a  fleet […]

Alibaba Group Holdings Ltd (NYSE: BABA) Pledges to Invest in Common Prosperity Incentive

Alibaba Group Holdings Ltd (NYSE: BABA) in China is planning to invest 100 billion yuan by 2025 to support ‘common prosperity’. It is the latest corporate giant to support the initiative, which President Xi Jinping has promoted. Alibaba has announced ten programs to provide care to vulnerable groups, job creation and technological innovation. Other companies […]

The Valuation of Trendyol Projected to Reach $16.5 Billion

Harvard Business School dropout Demet Mutlu happens to be the big name behind the formation of Trendyol. Reports indicate that he founded the company back in 2010, but it is unbelievable that he could have projected the massive growth it continues to achieve currently. Reports show it is performing quite a while, considering that it has […]

Chinese e-commerce Alibaba Group Holding Ltd – ADR (NYSE: BABA) Challenges Amazon.com, Inc. (NASDAQ: AMZN) With a Fast Global Shipping Promise

Alibaba Group Holding Ltd – ADR (NYSE: BABA), a Chinese e-commerce firm, is challenging Amazon.com, Inc. (NASDAQ: AMZN) by swearing fast deliveries anywhere on the planet from China. Moreover, WSJ visits Alibaba’s warehouse to witness how automated robots and logistics networks are assisting it is expanding globally. Why Alibaba Challenges Amazon? China’s e-commerce giant is […]