Alibaba

Advertising revenues set to hit $1tn in market dominated by technology companies

Omnicom and Interpublic in talks to merge in $30bn-plus deal to create the world’s largest advertising agency

Mon Dec 09 2024 - 08:26

Temu and Shein retail sites could be hit with EU import charges

Move would apply to any online retailer shipping to EU customers directly from outside the bloc

Wed Jul 03 2024 - 15:30

Hotter-than-expected inflation data sends US stocks lower

Iseq index outperforms its European peers, adding 0.75 per cent

Wed Apr 10 2024 - 17:58

Rocket Internet’s Oliver Samwer to earn €260m dividend payout

German billionaire in line for massive payday after consolidating control over European tech investment group

Thu Jun 22 2023 - 10:55

Alibaba names new chairman and CEO in surprise shake-up

Chinese ecommerce giant faces challenges from upstart rivals

Tue Jun 20 2023 - 07:29

Global shares rally as US inflation slows ahead of rate decision

Among the heavy hitters in Dublin, Paddy Power Betfair parent Flutter Entertainment finished the day up 2.9%

Tue Jun 13 2023 - 18:07

Denis Staunton: China maintains an uneasy relationship with its wealthy business class

Many business figures have had their wings clipped under Xi Jinping, as the policy of ‘common prosperity’ takes hold

Sat May 06 2023 - 05:00

Alibaba chief hails ‘tech watershed’ as group unveils ChatGPT challenger

Launch follows those of SenseTime and Baidu as Chinese companies race to catch up with US on artificial intelligence

Tue Apr 11 2023 - 09:47

Alibaba enters ChatGPT fray with AI smart speaker, office chat software

Large language model, dubbed Tongyi Qianwen, will be incorporated across all of Alibaba’s products and services in the ‘near future’

Tue Apr 11 2023 - 07:10

EU to unveil landmark legislation to tackle market power of Big Tech

Digital Markets Act now expected to target platforms with market cap of at least €75bn

Wed Mar 23 2022 - 11:01

The Irish Times view on the Beijing Olympics: managing the message

China has invested heavily in the winter games as a means of showcasing the supposed superiority of its political system

Fri Feb 04 2022 - 19:45

Jack Ma’s Ant Group implicated in corruption scandal by Chinese state media

Documentary on state broadcaster CCTV adds to pressure on billionaire’s internet empire

Fri Jan 21 2022 - 12:09

Alibaba fires employee who alleged colleague sexually assaulted her

Company accuses woman of spreading false information about its handling of case

Mon Dec 13 2021 - 16:55

SoftBank shares fall as value of portfolio companies plummet

As of Monday, firm trading at more than a 50% discount to its October 1st net asset value

Mon Dec 06 2021 - 07:57

European shares hit new high but Dublin and London lag

Luxury goods groups Richemont and LVMH among standout performers

Fri Nov 12 2021 - 18:23

European stocks down more than 1% this week

Apple, IAG and Rubis among the fallers as Chinese tech stocks make gains

Fri Sept 10 2021 - 18:34

Ocean ‘lover’ Barbie, a tulip bulb update and the Olympics in, er, 2036

Planet Business: A superstar stock-picker cools on Chinese tech

Fri Jul 30 2021 - 05:17

Rising Covid cases dampen hopes of recovery and leave investors wary

Dealers note a ‘lot of red on the screen’ as travel-related stocks in particular take a hit

Mon Jul 19 2021 - 18:49

European stocks drop after souring of global economic mood

Risk-averse day for investors sees miners, automakers and banks decline

Thu Jul 08 2021 - 18:37

Smurfit Kappa opens ecommerce packaging lab in UK

New lab will help customers develop innovative packaging solutions

Tue Jun 29 2021 - 17:15

ByteDance founder to step down as chief executive

Zhang Yiming will hand over to college roommate

Thu May 20 2021 - 08:13

Irish tech veteran Annrai O’Toole raises further $21m for his start-up

Utmost, a company with a HR-focused software solution, had already raised $11.2m

Wed May 05 2021 - 14:50

Stocktake: Josh Hawley’s investments are much ado about nothing

Investing in diversified index funds is different to owning individual stocks

Tue May 04 2021 - 00:00

Post-pandemic firms face stark choice: digitise or die

Digital leaders can envisage a marketplace that doesn’t yet exist, says expert

Thu Apr 29 2021 - 05:25

China orders Jack Ma’s Ant to revamp business

Ant will now be supervised more like a bank, a move with far-reaching implications for growth

Tue Apr 13 2021 - 10:24

Alibaba shrugs off $2.75bn antitrust fine as shares rally

The Chinese e-commerce giant sees no material impact from changes to ‘merchant exclusivity’

Mon Apr 12 2021 - 15:32

Stocktake: Doing business in China is getting tougher

Nike, H&M and Adidas among those whose shares fell after voicing forced labour concerns

Tue Apr 06 2021 - 05:00

Facebook to build submarine cables linking US and Indonesia

Construction of cables has become a flashpoint amid US-China tensions

Mon Mar 29 2021 - 13:38

Michael Healy-Rae is Dáil’s biggest landlord and declares NYT shares

One-quarter of TDs are property investors or landowners

Sat Feb 27 2021 - 10:01

Jack Ma vs Xi Jinping: the future of private business in China

Expectation is that Ant and Alibaba will survive but face tighter regulation

Wed Jan 13 2021 - 11:14

London shares rally as US stimulus and Brexit pact brighten sentiment

Other global markets also rise as investors grow more confident about 2021 outlook

Tue Dec 29 2020 - 13:09

Singles Day remains an unloved ploy for retailers in the West

Outside of China, few people pay any attention to the world’s biggest shopping event

Tue Nov 10 2020 - 10:55

SoftBank posts $1.3bn loss on ‘Nasdaq whale’ bets

Signs of recovery for $100bn Vision Fund help Japanese group turn a $6bn quarterly net profit

Mon Nov 09 2020 - 16:06

Ikea seeks to build a new version of itself

Swedish retailer faces increasing competition from online retailers such as Amazon

Thu Oct 22 2020 - 10:18