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Alibaba may cede control of new businesses if they list after break-up

Chief executive Daniel Zhang said that while the split mirrored the lines of its existing business groups, the relationship between Alibaba and its units would change. ....

Hong Kong , Chelsey Tam , Ant Group , Morning Star , Hong Kong Main Board ,

Once High-Flying Chinese Tech Giants Are Now Looking to Scale Back Costs

Alibaba and Tencent have felt the effects of a Covid-induced economic slowdown in China which is hitting areas from consumer spending to advertising budgets. ....

New York , United States , New York University , Chelsey Tam , Martin Lau , Winston Ma , Ivan Su , James Mitchell , Toby Xu , Ma Huateng , York University , President Martin Lau ,

How the tight bond between Alibaba and Ant has weakened under regulatory pressure from Beijing

Alibaba said in its annual report that the two companies agreed to terminate their data sharing agreement on July 25, and will instead negotiate on a case-by-case basis. The move away from Ant comes after Alibaba experienced a difficult year, with stagnant revenue growth, capital market risks, as well as national security issues. ....

Jiang Fan , Hong Kong , Wang Pengbo , Eric Jing Xiandong , Botong Analysys , Albert Ma , Eric Jing , Jack Ma , Daniel Zhang Yong , Chelsey Tam , Angel Zhao Ying , Exchange Commission , Ant Group , South China Morning Post , International Digital Commerce , Alibaba Group Holding , Hangzhou Based Alibaba , Wall Street Journal , Lucy Peng Lei , Wall Street , Last December , Southeast Asian , South China Morning , E Commerce ,

Stock of the Week: Alibaba

Morningstar is an investment research company offering mutual fund, ETF, and stock analysis, ratings, and data, and portfolio tools. Discover actionable insights today. ....

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