Nasdaq BABA Alibaba

Alibaba Group Holding Ltd co-founder Jack Ma has cut his stake in the company over the past year to 4.8% from 6.4%, cashing out around $9.6 billion at its current share price, the firm's annual filing released on Friday showed.

India's government has petitioned a state court to stop any of the Chinese companies whose 59 apps it recently banned from obtaining an injunction to block the order, according to two sources and the legal filing.

What happened Shares of Chinese holographic technology company WiMi Hologram Cloud (NASDAQ: WIMI) absolutely soared on Friday, after hologram technology was showcased by prominent businessman Jack Ma. As of 2:30 p.m. EDT, the stock was up an eye-popping 147%.

What happened Shares of Chinese holographic technology company WiMi Hologram Cloud (NASDAQ: WIMI) absolutely soared on Friday, after hologram technology was showcased by prominent businessman Jack Ma. As of 2:30 p.m. EDT, the stock was up an eye-popping 147%.

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Skin-whitening creams identified as containing potentially dangerous levels of mercury continue to be sold online more than seven months after a watchdog group raised the alarm, including on platforms run by eBay, Amazon.com and Alibaba, a Reuters review of the sites shows.

Skin-whitening creams identified as containing potentially dangerous levels of mercury continue to be sold online more than seven months after a watchdog group raised the alarm, including on platforms run by eBay, Amazon.com and Alibaba, a Reuters review of the sites shows.

AliExpress Russia, an e-commerce venture between Chinese online shopping giant Alibaba and Russian partners, said it was aiming for annual turnover of $10 billion by 2022-2023, up from what analysts estimate is about $6 billion now.

AliExpress Russia, an e-commerce venture between Chinese online shopping giant Alibaba and Russian partners, said it was aiming for annual turnover of $10 billion by 2022-2023, up from what analysts estimate is about $6 billion now.

In recent trading, shares of Alibaba Group Holding Ltd (Symbol: BABA) have crossed above the average analyst 12-month target price of $257.87, changing hands for $261.58/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: dow

In recent trading, shares of Alibaba Group Holding Ltd (Symbol: BABA) have crossed above the average analyst 12-month target price of $257.87, changing hands for $261.58/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: dow

Indonesian startup Bukalapak, backed by Chinese fintech Ant Group, aims to turn the mom-and-pop stores that use its B2B e-commerce platform into banking agents through a partnership with one of the country's largest lenders, its CEO told Reuters.

Indonesian startup Bukalapak, backed by Chinese fintech Ant Group, aims to turn the mom-and-pop stores that use its B2B e-commerce platform into banking agents through a partnership with one of the country's largest lenders, its CEO told Reuters.

An official with the U.S. Securities and Exchange Commission's (SEC) accounting oversight arm on Thursday said it sees "no prospects" of being able to properly do its job overseeing disclosures and preventing accounting fraud in China, amid ongoing consideration by the Trump administration of how to stave off the possible investor risk.

An official with the U.S. Securities and Exchange Commission's (SEC) accounting oversight arm on Thursday said it sees "no prospects" of being able to properly do its job overseeing disclosures and preventing accounting fraud in China, amid ongoing consideration by the Trump administration of how to stave off the possible investor risk.

An official with the U.S. Securities and Exchange Commission's (SEC) accounting oversight arm on Thursday said it sees "no prospects" of being able to properly do its job overseeing disclosures and preventing accounting fraud in China, amid ongoing consideration by the Trump administration of how to stave off the possible investor risk.

An official with the U.S. Securities and Exchange Commission's (SEC) accounting oversight arm on Thursday said it sees "no prospects" of being able to properly do its job overseeing disclosures and preventing accounting fraud in China, amid ongoing consideration by the Trump administration of how to stave off the possible investor risk.

Consumer stocks were climbing pre-bell Thursday as shares of staples companies in the S&P 500 (XLP) were 0.20% higher and consumer discretionary firms (XLY) were gaining 0.08% in recent trading.

Consumer stocks were climbing pre-bell Thursday as shares of staples companies in the S&P 500 (XLP) were 0.20% higher and consumer discretionary firms (XLY) were gaining 0.08% in recent trading.

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