Alibaba to split into six units, explore IPOs

[ad_1] File photo of the Alibaba Group. The company on March 28 announced it will split its business into six main units covering e-commerce, media and the cloud. | Photo Credit: Reuters Alibaba Group Holding Ltd is planning to split its business into six main units covering e-commerce, media and the cloud, the company said […]

Continue Reading

China regulator fines Alibaba, Tencent for disclosure violations

[ad_1] The State Admnistration for Market Regulation released a list of 28 deals that violated the rules The State Admnistration for Market Regulation released a list of 28 deals that violated the rules China has imposed fines on technology giants Alibaba and Tencent, as well as a range of other firms for failing to comply […]

Continue Reading

Beijing gives initial nod to revive Ant IPO after crackdown cools

[ad_1] Ant, an affiliate of Chinese e-commerce behemoth Alibaba Group Holding Ltd, aims to file a preliminary prospectus for the share offering in Shanghai and Hong Kong as early as next month. Ant, an affiliate of Chinese e-commerce behemoth Alibaba Group Holding Ltd, aims to file a preliminary prospectus for the share offering in Shanghai […]

Continue Reading