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Paytm block deal: China's Alibaba group firm Antfin is a likely seller in a 4.1 per cent block trade that took place in the counter in the pre-opening deal in multiple trades.

Paytm Block Deal: 4.1% equity changes hands; Antfin likely seller

The post, made in an internal company forum, comes one year after Alibaba announced its decision to split into six units - the biggest shake-up in its 25-year history.

Alibaba founder Jack Ma steps out from shadows with long internal post

Alibaba currently holds a stake of 64 per cent&nbsp;in the logistics unit, and the buyout offer will allow minority shareholders to sell their shares to Alibaba.

Alibaba scraps planned IPO of Cainiao logistics unit as it doubles down on e-commerce

Alibaba did not immediately respond to a request for comment on Zhang's appointment at Firstred and the technology fund.&nbsp;

Alibaba's former CEO Daniel Zhang to join Firstred Capital as managing partner

Daraz declined to comment on the percentage or absolute number of employees impacted across its operations in Pakistan, Bangladesh, Nepal, Sri Lanka and Myanmar.

Alibaba's South Asian e-commerce giant Daraz announces layoffs in memo

Alibaba posted a 5 per cent increase in sales to 260.3 billion yuan (USD 36.67 billion) in the quarter that ended in December, slightly missing analysts' estimates. Net income sank to 14.4 billion yuan (USD 2 billion), down 77 per cent compared to a year earlier.

Alibaba approves an additional USD 25 billion share buyback as its revenue disappoints

Established in 2004 by Alibaba Group and its founder Jack Ma, Alipay is a third-party mobile and online payment interface that aims to amass US$ 395 million.

Zomato shares gain 4% post-block deal; China's Alipay likely seller

Alibaba's concerns over the U.S. export curbs announced by Washington in October come on the heels of similar worries raised this week by Chinese social media and gaming company Tencent Holdings which said the restrictions would force it to seek domestically produced alternatives.

Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market value

The company currently owns nearly a 70% stake in Cainiao, Alibaba's main delivery arm that handles logistics and parcels for merchants both in China and abroad.

Alibaba will spin off its logistics arm Cainiao in IPO in Hong Kong

In an internal letter to Alibaba staff on Tuesday, Wu said that AI would be at the centre of Alibaba Group's future strategy.

Alibaba opens AI model Tongyi Qianwen to the public

Alibaba share price:&nbsp;Alibaba announced Zhang's decision to depart the unit in an internal letter to staff seen by Reuters, with co-founder Eddie Wu becoming the unit's acting CEO and chairman. Zhang also handed over the role of group CEO to Wu on Sunday as scheduled.

Alibaba shares slide 4% after former CEO quits cloud unit

Alibaba shares rise 5.5% amid hopes Ant regulatory crackdown is ending

Jack Ma, who landed in Kathmandu on a special flight via Dhaka in Bangladesh, has business connections in Nepal.

Chinese billionaire Jack Ma in Nepal, likely to meet Prachanda 

Alibaba Group CEO:&nbsp;Alibaba Group on Tuesday said Eddie Yongming Wu, chairman of its Taobao and Tmall Group, will succeed Daniel Zhang as chief executive officer in the Chinese e-commerce giant's biggest executive reshuffle since its restructuring.&nbsp;

Alibaba Group says Eddie Wu to succeed Daniel Zhang as CEO

Billionaire and former Alibaba founder Jack Ma made a rare public appearance in the Chinese city of Hangzhou, discussing the "understanding of mathematics" with finalists of the 2023 Alibaba Global Mathematics Competition.

Jack Ma appears to discuss 'understanding of mathematics' with students

Alibaba's six units will include Cloud Intelligence Group, Taobao Tmall Commerce Group, Local Services Group, Cainiao Smart Logistics Group, Global Digital Commerce Group, and Digital Media and Entertainment Group 
&nbsp;

Alibaba to split into 6 business units; plans to have separate IPOs

Paytm parent One97 Communications' shares nosedived on Friday, halting a one-sided rally helped the stock grow nearly 36 per cent in value in four back-to-back sessions, after news agency ANI reported China's Alibaba sold its entire stake in Paytm. The Paytm stock finished the day 9.4 per cent lower at Rs 645.4 apiece on BSE&nbsp;— its biggest fall since November 22, 2022.&nbsp;

Worst day for Paytm shares in nearly three months; what triggered the slide

Zomato shares traded in green on November30. Chinese behemoth Alibaba is selling its shares worth $200 million in Zomato via a block deal.

Zomato Bulk Deal: Alibaba offloads stocks worth $200 million--Should You Buy? 

On Tuesday, the Financial Times, which is owned by the Japanese media company Nikkei, revealed Ma has most recently been living in Japan.

Jack Ma hiding in Tokyo amid China's crackdown on tech firms?

Zomato stock is in news today as Chinese behemoth Alibaba is selling its shares worth USD 200 million in Zomato via a block deal. Ant Financial and Alipay will bring down their stake in the Deepinder Goyal-run food delivery unicorn to about 10 per cent from the current 13 per cent, reported IANS citing a media report

Zomato Share Price: Alibaba offloads stocks worth $200 million; Should you buy? Check make and break levels

alibaba

Paytm block deal: China's Alibaba group firm Antfin is a likely seller in a 4.1 per cent block trade that took place in the counter in the pre-opening deal in multiple trades.

The post, made in an internal company forum, comes one year after Alibaba announced its decision to split into six units - the biggest shake-up in its 25-year history.

Alibaba currently holds a stake of 64 per cent in the logistics unit, and the buyout offer will allow minority shareholders to sell their shares to Alibaba.

Alibaba did not immediately respond to a request for comment on Zhang's appointment at Firstred and the technology fund. 

Daraz declined to comment on the percentage or absolute number of employees impacted across its operations in Pakistan, Bangladesh, Nepal, Sri Lanka and Myanmar.

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Alibaba

Paytm Block Deal: 4.1% equity changes hands; Antfin likely seller

Alibaba founder Jack Ma steps out from shadows with long internal post

Alibaba scraps planned IPO of Cainiao logistics unit as it doubles down on e-commerce

Alibaba's former CEO Daniel Zhang to join Firstred Capital as managing partner

Alibaba's South Asian e-commerce giant Daraz announces layoffs in memo

Alibaba approves an additional USD 25 billion share buyback as its revenue disappoints

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Dankuni–Surat Dedicated Freight Corridor: Indian Railways fast-tracks 2,100 km east-west link—Here's what to know

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