Joe Tsai News
26.03 / 15:53
markets
IPO
Pinduoduo
Alibaba scraps planned IPO of Cainiao logistics unit as it doubles down on e-commerce
Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in Hong Kong, as it looks to prioritize growing its e-commerce business while facing challenging IPO market conditions
20.06 / 22:17
UPS
BBC
film
Actor
reports
The Night Manager Season 2: See cast, plot, production, creative team and where to watch
Olivia Colman returns as Angela Burr in The Night Manager's second season, joined by Noah Jupe as Danny Roper, Alistair Petrie as Alexander “Sandy” Langbourne, Douglas Hodge as Rex Mayhew, and Michael Nardone as Frisky, a Variety report said. Cast
26.02 / 03:29
markets
UPS
IPO
TikTok
track
exclusive
Interviews
After doubts about Alibaba's future, co-founder Joe Tsai says: 'We're back'
Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told CNBC's Emily Tan in an exclusive interview Friday.
24.01 / 05:43
markets
UPS
Trade
show
performer
track
reports
Alibaba’s Hong Kong shares surge 5% on report of Ma buying stock
Investing.com-- Hong Kong shares of Alibaba Group (NYSE:BABA) surged on Wednesday, tracking a bounce in their U.S. counterparts after reports showed co-founders Jack Ma and Joe Tsai were acquiring shares in the e-commerce giant.
24.01 / 03:17
markets
UPS
MSCI
Nikkei
performer
blues
reports
Asian stocks
Asian stocks gain as potential China rescue package lifts mood
Chinese authorities will offer support for its stock markets, which have plummeted to multi-year lows, while a hawkish tilt from the Bank of Japan lifted the yen.
23.01 / 20:01
20.12 / 08:39
CEO
Platform
Pinduoduo
China's Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters
China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo
20.12 / 04:43
Provident
CEO
Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business in latest reshuffle
BEIJING — Alibaba Group CEO Eddie Wu is taking over the top role at the company's Taobao and Tmall e-commerce business, replacing Trudy Dai in the Chinese internet tech giant's latest management shakeup this year.
16.11 / 19:35
IPO
Maxim
CEO
Platform
economy
2020
Alibaba shares plunge as much as 10% after canceling plans to spin off cloud unit
Shares of Chinese e-commerce firm Alibaba Group Holding plunged as much as 10% in New York after it said Thursday it scrapped plans to spin off its cloud business because of uncertainties related to U.S. chip restrictions
01.11 / 09:21
Twitter
Google
Mobile
Enterprise
Instagram
performer
information
China’s Alibaba takes on tech giants Google, Microsoft with new, improved AI model
Chinese tech giant Alibaba has launched a new AI model called Tongyi Qianwen 2.0. The company claims it to be more powerful and versatile than the similar AI models created by US tech giants like Meta, Amazon and Microsoft. The Tongyi Qianwen 2.0 along with new industry-specific models was announced by Alibaba at its annual flagship tech event Apsara Conference.
12.09 / 11:29
11.09 / 15:13
UPS
IPO
Progressive
CEO
ByteDance
Huawei
The Alibaba Spinoff Trade Loses More Steam
An unexpected twist to Alibaba’s changing of the guard—and a drip feed of other bad news—has undermined the bullish sentiment surrounding the Chinese e-commerce giant earlier this year. And given how China-adverse investors have become, it may be tough to reverse that without an all-clear for the economy more broadly—especially since Alibaba executives may be tempted to slow-walk restructuring plans as long as China’s stock markets remain in the doldrums. Alibaba’s Hong Kong-listed shares fell 3% Monday in the wake of two potentially significant developments: a report from Bloomberg, citing sources, that the firm would put on hold a potential IPO of its Freshippo grocery chain, and a surprise personnel change.
20.06 / 22:03
business
Technology
Adoption
Tech giant Alibaba announces crypto-friendly chair following Daniel Zhang stepping down
Joe Tsai, the soon-to-be former executive vice chair of China-based technology giant Alibaba, will replace Daniel Zhang as company chair.
24.02 / 16:37
Art
NFT
Gaming
Nifty News: Collector spends $488K minting Tubby Cats, NFT vending machine
An anonymous nonfungible token (NFT) collector spent 204 Ether (ETH) worth roughly $488,800 (at the time of writing, considerably more when it occurred) on gas fees to mint 1,000 Tubby Cats NFTs.
details regarding Joe Tsai
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