Shares of Alibaba Group Holding Limited (NYSE: BABA) plunged -2.29% in the early trading hours Monday following the abrupt resignation of CEO Daniel Zhang as head of the China-based tech giant’s cloud computing division. The move comes as part of …
Shares of Alibaba Group (NYSE: BABA) jumped 4.54% on Monday after the company announced that it would not sell any shares in financial technology company Ant Group’s buyback program. Alibaba, holding a significant one-third share in Ant Group, clarified that …
Alibaba Group Holding Limited (NYSE: BABA) shares experienced a 2% drop in pre-market trading on Tuesday following the announcement of a significant management reshuffle. The Chinese e-commerce giant aims to stimulate its growth amidst a slowing Chinese economy, despite the …
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