alibaba group

May 17, 2024

Alibaba, Tencent beat forecasts with strong results

Both Chinese tech giants continue to record robust growth. Meanwhile, Tencent's market capitalisation is already more than double that of Alibaba’s.

Sep 11, 2023

Daniel Zhang suddenly exits Alibaba Group as new chairman and CEO takes over

In a surprise move, Zhang has resigned as head of Alibaba's Cloud Intelligence Group, after stepping aside from his position as chairman and CEO earlier this year.

Jun 20, 2023

Alibaba Group names new chairman and CEO

In a surprise succession plan, Alibaba has announced a new chairman and chief executive to replace Daniel Zhang. The e-commerce major has been struggling to bounce back post-Covid.

Mar 29, 2023

Alibaba to split into six units, each to pursue independent IPOs

The shake-up comes a day after founder Jack Ma made a rare public appearance in China.

Jul 26, 2022

Alibaba to shut down Tmall in Hong Kong

Sources tell Campaign the reasons for the retreat have nothing to do with performance or competition from HKTVMall, but is instead part of the company's consolidating business strategy.

Jul 7, 2022

Asia-Pacific Power List 2022: Chris Tung, Alibaba

In the past year, Tung used the Alibaba brand as a beacon of strength and hope despite uncertainty around many events such as the Olympics and the 11.11 shopping festival.