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  Yahoo to change name to Altaba and becomes Alibaba's father


Yahoo, one of the most successful Internet giants in later 1990s, is now becoming a company living with selling assets(offices, domain names) and holding the stocks from Alibaba. Its core business which it was proud of has been sold to Verison with $4.8 billion as disclosed in some document submitted to SEC. Now it's starting the process of changing its name to Altaba. After the acquisition, the current Yahoo CEO Marissa Mayer will resign from the board. But the company will still keep some val...

   YAHOO,FATHER,ALIBABA,ALTABA,CHINA,NEWS     2017-01-15 04:07:24


  Alibaba subreddit has been banned from Reddit


The subreddit of Alibaba, the biggest e-commerce giant in China, has been banned from Reddit.The reason given is that this community has violated the Reddit rules. But no details about what rules are violated given by Reddit. If we now try to access https://www.reddit.com/r/alibaba, we will see below page. From the page, it says this subrredit has been banned 6 months ago. It's unknown whether this subreddit was created by Alibaba Group or by some other people. And it's unclear w...

   CHINA,ALIBABA,REDDIT     2015-09-28 03:20:12


  Alibaba IPO Live


Alibaba is going to launch its IPO at NYSE on 19th September. This will be the largest IPO in the history of US stock exchange. The opening price of Alibaba share will be $68 and its trade code is "BABA", in Chinese it means father. Alibaba is expected to get around $22 billion investment in its IPO. Want to witness this historic moment? Please join us for the live video from NYSE. Note this live stream is broadcasted with Chinese. We don't find the English source yet. We believe something is ...

   Alibaba,IPO,NYSE,Live     2014-09-19 06:51:25


  Alibaba starts IPO procedure


According to Hong Kong East Daily, Alibaba has submitted its IPO application to Hong Kong Stock Exchange. This marks the beginning of Alibaba's IPO procedure. It's expected to be listed in October at the earliest. It's valued as between $80 billion and $100 billion. It may raise $20 billion this round. If Alibaba is listed successfully, this will be the highest fund raising company in HSE's history. There is news that Alibaba will spend $7 billion to buy back the shares owned by Yahoo. Yahoo re...

   Yun Ma,Alibaba,IPO,HSE     2013-07-23 08:17:47


  Why 102 years for Alibaba


In many occasions, Alibaba Group Founder Jack Ma expresses the idea that he wanted Alibaba to be live for 102 years(a strange number). But why 102 years, but not 100 years or some other years?  In an interview conducted by Stanford University, the interviewer, Yahoo Founder Jerry Yang, asked this question why Jack Ma wanted Alibaba to live 102 years. Jack Ma gave his answer to this question. "In China, everybody wanted to make a company last over 100 years. This becomes a slogan, nobody ta...

   JACK MA,ALIBABA,STANFORD UNIVERSITY,JERRY YANG     2016-02-24 09:46:47


  3 reasons why Alibaba invests on Sina Weibo


Last night, Alibaba announced acquisition of 18% shares of Sina Weibo with $586 million, according to sources close to the deal, after the completion of this deal, Alibaba will become the second largest shareholder of Sina Weibo and may become the largest shareholder in the future.This deal was supposed to be completed before Chinese Spring Festival, but because Alibaba and Sina had a heated argument about the share holding of Sina Weibo which resulted in substantial delay in the time to complet...

   Alibaba,Sina Weibo     2013-04-29 20:30:05


  Alibaba launches NASA program


On March 9, the China E-Commerce giant Alibaba held its first internal tech conference in its headquarter Hangzhou. During this conference, Jack Ma, Alibaba founder, announced a new program code named "NASA" which aims to build up technologies serving 2 billion people in next 20 years by forming independent and powerful R&D department. On March 13, Alibaba formerly announced this program to the public. The research area of this program would include machine learning, chi...

   ALIBABA,NASA,CHINA,NEWS     2017-03-13 11:32:22


  Jack Ma's interviews during Alibaba's IPO at NYSE


Alibaba has been listed on NYSE on 19 September. It becomes the largest IPO ever in the history of US stock exchange, larger than Facebook then the largest one. And after the trading closed on Friday, its share price closed at $93.89 per share, this makes it the second largest Internet company in the world following Google. Jack Ma, the founder of Alibaba, also becomes the richest person in China with a total wealth of $18.1 billion. He accepted interviews from different media during the IPO. Le...

   Alibaba,Interview,Jack Ma,IPO,Video     2014-09-20 20:09:27


  Alibaba pays all cash to acquire Youku Tudou


Alibaba announced that it had signed the agreement to acquire "China's YouTube" YouKu Tudou on November 6 Beijing Time. This deal will make Alibaba the leading entertainment and media company in China. The highlight of this deal is that Alibaba will pay all cash. When this acquisition is completed, shareholders from Youku Tudou can get cash with $27.60 per ADS. The board has approved this acquisition and they are asking the shareholders to vote to approve this deal. This deal is expected to be ...

   CHINA,ALIBABA,YOUKU,NEWS     2015-11-06 20:26:31


  10 advice from Jack Ma on success


Jack Ma, the founder and executive chairman of the biggest e-commerce website Alibaba.com in China, started his business with $20,000 that his wife and friends helped him raise. He is the first mainland Chinese entrepreneur to appear on the cover of Forbes. He is the richest man in mainland China with net worth of $22.5 billion.  During these years of running Alibaba Group, Jack Ma summarized 10 advice for success, these advice are coming from his experience and mistakes he made. ...

   Jack Ma, Alibaba, Advice, China     2015-08-30 03:53:53