Alibaba raises buyback to USD 25 billion to boost slumping stock

The increase is a “sign of confidence in the company’s continued growth,” Alibaba said.

published on : 22nd March 2022

China's #MeToo victims face abuse, payback for going public

In multiple high-profile cases, particularly during China's brief #MeToo movement in 2018, victims were sued by the men who allegedly harassed them.

published on : 16th December 2021

Paytm raises IPO size to Rs 18,300 cr to allow more investor ‘exits’ 

Earlier, the company had planned to raise Rs 16,600 crore from its IPO, but higher demand from investors made it increase the issue size.

published on : 27th October 2021

China's billionaire Jack Ma takes first trip abroad after crackdown on Alibaba

Jack Ma retired as Alibaba's chairman in 2019 on his 55th birthday, sparking speculation about his sudden decision to step down from the helm.

published on : 20th October 2021

China's Alibaba promises $15.5 billion for development initiatives

Another e-commerce company, Pinduoduo Inc., promised last month to spend $1.5 billion on agriculture and other rural development projects.

published on : 3rd September 2021

Chinese police detain two in Alibaba sexual assault case

There was no evidence to indicate the men committed rape, a different charge under Chinese law, the police statement said.

published on : 15th August 2021

Alibaba fires manager over sexual assault allegations by female employee

The employee said the company didn't take the matter seriously when she reported the assault, and that she was told the suspect would not be fired from the company, according to her post.

published on : 9th August 2021

Alibaba working with police amid sexual assault allegations

The investigation comes after an unidentified female employee wrote an internal post alleging her manager sexually assaulted her in a hotel room during a business trip.

published on : 8th August 2021