WASHINGTON: US President Donald Trump has indicated that he sought to ban other Chinese-owned companies, including e-commerce giant Alibaba in the United States, days after signing an executive order that Target has from TikTok’s parent company, ByteDance, reported an American TV channel. The development came after Trump gave an executive …
Read More »XPib-backed with alibaba is latest China electric car maker for eyes US Listing
Chinese electric car maker XPeng, whose investors include internet heavyweight Alibaba Group and smartphone supplier of Beijing Xiaomi, submitted to go into the United States on Friday. The move comes after the June 30 Nasdaq listing of Li Auto, which raised $ 1.1 billion and whose shares have increased. They …
Read More »Alibaba’s Jack Ma sells shares worth $ 8.2 billion, stakes drop to 4.8%: presentation
FILE PHOTO – Jack Ma, founder and CEO of China’s Alibaba Group, speaks in front of an image of SoftBank’s human robot called ‘pepper’ during a press conference in Chiba, Japan, June 18, 2015. REUTERS / Yuya Shino / Stock Image SHANGHAI (Reuters) – Alibaba Group Holding Ltd co-founder Jack …
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