Alibaba Group Holding Ltd. sold $4.5 billion worth of convertible bonds, a record dollar-denominated sale by an Asian company, securing capital needed to buy back shares and invest in businesses ...
HONG KONG (Reuters) - Alibaba Pictures Group Ltd, the film and entertainment unit of China's largest ecommerce company, said on Thursday it plans to raise $1.6 billion in a share offering to select ...
Alibaba.com, the flagship e-commerce brand under Alibaba Group, will gain access to more than 80 thousand small businesses in the US. This new addition to the company will benefit US companies ...
Seeking to focus more on ecommerce and other digital businesses, Alibaba Group plans to sell its more than 70% stake in Sun Art, operator of RT-Mart and M-Club stores in China, for $1.6 billion, ...
Alibaba Group Holding Ltd. is leading a financing round of at least $600 million for Chinese AI startup MiniMax, spearheading its second major deal in the space this year as it unleashes capital in ...
In today’s Digest, we cover the EU greenlighting Omnicom’s IPG acquisition without conditions, YouTube usage reaching 84% of adults, and Alibaba’s Qwen topping ...