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Alibaba warns of slowest revenue growth since debut

China's Alibaba Group Holding has forecast that its annual revenue will grow at its slowest pace since its 2014 debut.
Business • 18 Nov 21

China's Alibaba beats quarterly profit estimates

China's Alibaba Group Holding have beaten quarterly revenue and profit estimates as its core commerce and cloud computing businesses benefited from a shift to online shopping and working from home due to the coronavirus crisis.
Business • 20 Aug 20

Alibaba's Jack Ma to step down in a year

Jack Ma, the charismatic co-founder of China's largest e-commerce firm Alibaba Group Holding, will step down as chairman in one year to concentrate on philanthropy and education.
Business • 10 Sep 18

Ant Financial raises $14 billion in biggest fundraising

Ant Financial Services Group, operator of China's biggest online payment platform, said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company.
Business • 08 Jun 18

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