China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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1,796 articles matching the search query.
China’s government to take ‘golden shares’ in Alibaba, Tencent to ensure sway
Purchases of 1 per cent stakes by government entities suggest Beijing is acting to ensure greater control over key players in the world’s largest internet arena.
China Buys Stake in Alibaba Unit, Signaling New Normal of State Oversight
China’s internet watchdog takes nominal stake in the company, even as a government investigation into another Alibaba affiliate ends.
Alibaba drives deeper into autonomous driving market with Geely partnership in smart car systems
Alibaba Group Holding has signed a strategic cooperation agreement with major Chinese carmaker Geely Holding to develop smart car systems, marking the e-commerce giant's fresh efforts to gain a foothold in the autonomous driving market. While self-driving technology has yet to be widely adopted and remains unprofitable, its vast potential has attracted investments from technology firms and carmakers. Last year, the cloud service subsidiary of Alibaba, owner of the South China Morning Post, also
China acquires 'golden shares' in two Alibaba units
China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group Holding Ltd , business registration records showed, as Beijing extends a campaign to strengthen control over online content.
China to take ‘golden shares’ in tech firms Alibaba and Tencent
Move marks shift in focus by Beijing as it tries to extend influence and keep sector in check
China takes 'golden shares' in Alibaba, Tencent units - FT
The Chinese government is moving to take "golden shares" in the local units of Alibaba Group Holding Ltd and Tencent Holdings Ltd, as it formalises a greater role in overseeing China's most powerful tech companies, the Financial Times reported on Friday.
Alibaba Pares Stake In Indian Payments Firm Paytm
On Jan 12, Alibaba Group Holding Limited (NYSE: BABA) sold a 3.1% stake in Indian digital payments firm Paytm for $125 million through a block deal. Alibaba, which held a 6.26% stake in Paytm as of end-September, sold the stake at ₹536.95 a piece, Reuters reports. Morgan Stanley (NYSE: MS) reportedly advised Alibaba on the deal. Paytm reported strong preliminary figures for the third quarter. Formally known as One97 Communications, Paytm was listed in 2021 after a $2.5 billion initial public off
China's Government to Take 'Golden Shares' in Alibaba, Tencent Units
China's government entities are set to take so-called “golden shares” in units of Alibaba Group Holding Ltd. and Tencent Holdings Ltd., the country's two biggest internet firms. This suggests Beijing is moving to exert greater control over the sector. Jill Disis reports on Bloomberg Television. (Source: Bloomberg)
China Said To Be Eyeing Stake In Alibaba, Tencent Local Units - Alibaba Group Holding (NYSE:BABA), Tencent Holdings (OTC:TCEHY)
China is reportedly acting to take “golden shares” in local units of Alibaba Group Holding Ltd (NYSE: BABA) and Tencent Holdings Ltd (OTC: TCEHY) as part of the government’s
Alibaba, Tencent Fall After Report China Taking 'Golden Shares' in More Control
Chinese government entities are set to take so-called “golden shares” in units of Alibaba Group Holding Ltd. and Tencent Holdings Ltd., suggesting Beijing is moving to ensure greater control over key players in the world’s largest internet arena.
China Gets Hold Of Alibaba And Other Tops Execs Of Chinese Companies To Trumpet Confidence In Domestic Economy On State TV
Executives from 21 private-sector Chinese companies, including Alibaba Group Holding Limited (NYSE: BABA), lauded their confidence in the nation’s economy in an unparalleled program aired by China’s state broadcaster. Alibaba Chair and CEO Daniel Zhang Yong represented the company, considered the tech barometer of the country. The other companies included JD.Com, Inc (NASDAQ: JD), manufacturers like Fuyao Glass Ind Group Co (OTC: FYGGY), conglomerate Fosun International, Ltd (OTC: FOSUF), consum
Alibaba (BABA) Gains But Lags Market: What You Should Know
In the latest trading session, Alibaba (BABA) closed at $115.02, marking a +0.12% move from the previous day.
Alibaba Gets 24% Price Target Boost On Covid Policy Relaxation and Ant's IPO Prospects - Alibaba Group Holding (NYSE:BABA)
Barclays analyst Jiong Shao maintained Alibaba Group Holding Ltd (NYSE: BABA) with an Overweight and raised the price target from $114 to $141.
China Gets Hold Of Alibaba And Other Tops Execs Of Chinese Companies To Trumpet Confidence In Domestic Economy On State TV - Alibaba Group Holding (NYSE:BABA), Fosun International (OTC:FOSUF), Fuyao Glass Industry Gr (OTC:FYGGY), JD.com (NASDAQ:JD)
Executives from 21 private-sector Chinese companies, including Alibaba Group Holding Limited (NYSE: BABA), lauded their confidence in the nation’s economy in an unparalleled program aired by China’s state broadcaster.
AI-generated content will be widely commercialized in coming years, Alibaba says · TechNode
On Wednesday, Alibaba DAMO Academy released its forecast of leading technology trends for 2023. AI-generated content (or Generative AI) tops the list as
Generative AI, cloud computing and security top tech trends for 2023: Alibaba academy
Alibaba Damo Academy, an in-house research initiative by Chinese technology giant Alibaba, has identified generative artificial intelligence, dual-engine decision intelligence, cloud computing and security as top technology trends for 2023.
Alibaba Signs Cooperation Agreement With Hangzhou Government
Eastern China headquarters city vows support for e-commerce giant, which promises aid in developing a digital metropolis while bolstering the local economy
Jack Ma Kicked Out of Alibaba Parent Company
Alibaba founder Jack Ma wanders through Thailand as Chinese regulators finish chipping away his control over his corporate empire.
