Trends - Alibaba Group - Business Recorder

Alibaba Group

Pakistan’s Big Bird Foods enters into strategic partnership with Alibaba Group

Announces the development in its notice to the Pakistan Stock Exchange today

Updated 04 Jun, 2025 05:28pm

Business & Finance

Alibaba announces launch of trade assurance in country

ISLAMABAD: Alibaba. com, a leading global business-to-business (B2B) e-commerce platform, Tuesday announced the...

Published 25 Dec, 2024 08:10am

Technology

Alibaba to sell department store chain Intime for $1bn

Alibaba Group said on Tuesday that it will sell its department store unit Intime to a consortium comprising of...

Published 17 Dec, 2024 10:22am

Technology

Alibaba delivers initial price guidance on $5 billion dual-currency bond, term sheet shows

SYDNEY: Alibaba Group has delivered investors initial price guidance on its $5 billion dual currency bond, according...

Published 19 Nov, 2024 10:28am

Technology

Alibaba Group CEO consolidates control of core businesses with new e-commerce role

SHANGHAI: Alibaba Group said on Wednesday its chief executive would directly oversee its domestic e-commerce arm,...

Published 20 Dec, 2023 01:56pm

Business & Finance

Ant Group quarterly profit falls 66% on year to 2.59bn yuan

China’s Ant Group made net profit of 2.59 billion yuan ($357.34 million) in the three months to June 30, down 64.67%...

Updated 16 Nov, 2023 08:42pm

Technology

Alibaba promises major discounts ahead of China’s ‘Singles Day’ shopping event

SHANGHAI: E-commerce giant Alibaba Group said it will be offering huge discounts as it gears up for its annual...

Published 23 Oct, 2023 10:58am

Technology

Alibaba plans to list logistics arm in Hong Kong IPO

BEIJING: Chinese e-commerce giant Alibaba said Tuesday it intends to spin off its logistics arm Cainiao through an...

Published 26 Sep, 2023 05:11pm

Technology

Alibaba tells Erdogan it plans to invest $2 billion in Turkiye

ISTANBUL: Chinese e-commerce giant Alibaba Group Holding Ltd has told Turkiye President Tayyip Erdogan it plans to...

Published 18 Sep, 2023 12:28pm

Business & Finance

Former Starbucks CEO Schultz steps down from board

NEW YORK: Starbucks said Wednesday its former chief executive Howard Schultz will step down from the coffee chain’s...

Published 14 Sep, 2023 11:44am

Technology

Alibaba’s cloud division eyes state firms for up to $3bn fundraising

Alibaba Group Holding Ltd’s cloud division is weighing a private round to raise funds from Chinese state-owned...

Published 04 Sep, 2023 03:00pm

Technology

Ant Group plans restructuring, paving way for Hong Kong IPO

Jack Ma-backed Ant Group is planning a restructuring that will break off some non-core operations of its China...

Published 26 Jul, 2023 10:30am

Markets

Alibaba, Tencent shares rise as investors bet China’s tech crackdown is over

HONG KONG: Alibaba Group and Tencent shares rose in Hong Kong on Monday after China’s $984 million fine against ...

Published 11 Jul, 2023 06:08am

Business & Finance

Alibaba CEO and chairman Zhang to resign to focus on cloud business

SHANGHAI: Alibaba Group on Tuesday said its CEO and chairman Daniel Zhang will step down from the roles to focus on...

Published 26 Jun, 2023 06:38am

Markets

Alibaba shares plunge on SoftBank’s stake sale report

TOKYO: Japanese technology investor SoftBank Group Corp has moved to sell almost all of its remaining shares in...

Published 13 Apr, 2023 10:52am

Business & Finance

Restructuring of Alibaba to enhance decision-making: CEO

SHANGHAI/HONG KONG: Alibaba Group’s restructuring will allow all its business units to become more agile and...

Published 03 Apr, 2023 06:36am

Markets

Alibaba considers yielding control of some businesses in overhaul

SHANGHAI/HONG KONG: Alibaba Group said on Thursday it will look to monetise non-core assets and consider giving up...

Published 30 Mar, 2023 10:48am

Business & Finance

‘Gold Sponsor’ Alibaba concludes its participation in Textile Asia fair

KARACHI: Alibaba, an ecommerce giant, has concluded its participation as Gold Sponsor in the 24th edition of South...

Published 16 Mar, 2023 06:01am

Markets

China stocks fall as SVB contagion fears persist

SHANGHAI: China and Hong Kong stocks fell to their lowest in more than two months on Tuesday, as fears about...

Published 15 Mar, 2023 06:01am

Business & Finance

Alibaba beats quarterly revenue estimates as Covid curbs ease

BEIJING: Alibaba Group Holding Ltd reported better-than-expected quarterly revenue on Thursday, helped by its ...

Published 27 Feb, 2023 07:46am

World

US regulators to vet Alibaba, JD.com, other Chinese firms’ audits

HONG KONG: US regulators have selected e-commerce majors Alibaba Group Holding Ltd and JD.com Inc among other...

Published 31 Aug, 2022 05:58pm

Markets

Chinese internet stocks rise on signs of easing regulation

SHANGHAI: US-listed shares of Chinese technology companies rose, driven by signs of China easing its regulatory...

Published 18 May, 2022 05:54am

Markets

Hong Kong shares rise as tech giants Alibaba, Tencent bounced back

HONG KONG: Hong Kong shares edged up on Thursday as tech giants Alibaba and Tencent bounced back after continuous...

Published 26 Nov, 2021 05:15am

Markets

Hong Kong shares close down

HONG KONG: Hong Kong shares finished down on Thursday, pressured by tech groups ahead of earnings amid regulatory...

Published 19 Nov, 2021 04:35am

Business & Finance

Alibaba says profit falls 81% as China tech crackdown bites

SHANGHAI: Chinese e-commerce leader Alibaba Group said on Thursday that its profit for the most recent quarter...

Updated 18 Nov, 2021 06:00pm

Business & Finance

Alibaba Group expected to post earnings of CNY12.43/share

Biejing: Alibaba Group Holding Ltd is expected to show a rise in quarterly revenue when it reports results on...

Published 02 Nov, 2021 05:20am

Technology

Alibaba apps start offering WeChat Pay option after government orders

SHANGHAI: China's Alibaba Group Holding Ltd has begun offering payment services from Tencent Holdings Ltd's WeChat ...

Published 28 Sep, 2021 12:17pm

Business & Finance

China's Alibaba to invest $15.5bn for ‘common prosperity’

SHANGHAI: China's Alibaba Group will invest 100 billion yuan ($15.5 billion) by 2025 in support of "common...

Published 02 Sep, 2021 03:25pm

Technology

Alibaba earnings down as China tech giants face turmoil

The Hangzhou-based company was the first of China's tech champions to feel the wrath of a government that has become concerned over their rapid growth and data security

Updated 04 Aug, 2021 02:01pm

Business & Finance

Alibaba earnings down as China tech giants face turmoil

SHANGHAI: Chinese e-commerce leader Alibaba Group said Tuesday that it posted lower profit but maintained steady...

Published 04 Aug, 2021 04:14am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 14	144.07
USD to Swiss Franc / Jun 14	0.81
Pound Sterling to USD / Jun 14	1.36
Euro to USD / Jun 14	1.15
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
India Sensex / Jun 14	81,118.60
Tokyo Nikkei / Jun 14	37,834.25
Nasdaq / Jun 14	19,406.83
Hang Seng / Jun 14	23,892.56
FTSE 100 / Jun 14	8,850.63
Dow Jones / Jun 14	42,197.79
Germany DAX 30 / Jun 14	23,516.23
France CAC40 / Jun 14	7,784.68

Item	Value
Petrol/Litre / Jun 14	253.63
Crude Oil USD/Barrel / Jun 14	72.98
Karachi Cotton PKR/37.32 KG / Jun 14	16,485
Gold 10 Grams PKR / Jun 14	310,007
Gold Spot USD/Ounce / Jun 14	3,432.34
Diesel/Litre / Jun 14	254.64
Cotton US¢/pound / Jun 14	67.84

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.93 ▲ 1 (51.81%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	3.06 ▲ 0.94 (44.34%)
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	3.39 ▲ 1 (41.84%)
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	2.71 ▲ 0.58 (27.23%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Unicap Modaraba / Jun 13 Unicap Modaraba(UCAPM)	3.65 ▲ 0.48 (15.14%)
First Dawood Prop. / Jun 13 First Dawood Properties Limited(FDPL)	3.56 ▲ 0.36 (11.25%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)

Stock	Price
Shaheen Ins. / Jun 13 Shaheen Insurance Company Limited(SHNI)	4.75 ▼ -0.65 (-12.04%)
Trust Sec.& Brok. / Jun 13 Trust Securities & Brokerage Limited(TSBL)	12.20 ▼ -1.36 (-10.03%)
First Elite Cap.Mod / Jun 13 First Elite Capital Modaraba(FECM)	37.98 ▼ -4.22 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
F.Credit & Inv / Jun 13 First Credit and Investment Bank Limited(FCIBL)	11.23 ▼ -1.24 (-9.94%)
Arctic Textile / Jun 13 Arctic Textile Mills Limited(ARCTM)	39.72 ▼ -4.26 (-9.69%)
Crescent Cotton / Jun 13 Crescent Cotton Mills Limited(CCM)	50.41 ▼ -5.4 (-9.68%)
Shahtaj Textile / Jun 13 Shahtaj Textile Limited(STJT)	78.62 ▼ -8.32 (-9.57%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.69 ▼ -3.23 (-9.52%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	116,655,242 ▲ 1
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	100,891,108 ▲ 0.08
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	85,324,384 ▲ 0.94
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	30,960,243 ▲ 0.62
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	27,555,139 ▼ -0.26
Kohinoor Spining / Jun 13 Kohinoor Spinning Mills Limited(KOSM)	27,294,482 ▲ 0.17
Media Times Ltd / Jun 13 Media Times Limited(MDTL)	27,189,737 ▲ 0.58
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	26,834,469 ▼ -0.35
First Prudential Mod. / Jun 13 First Prudential Modaraba(PMI)	23,063,464 ▲ 1
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	21,700,047 ▼ -0.4

Markets →

Alibaba Group

Most Popular