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Tag: alibaba
Mars enters into strategic business partnership with Alibaba in China
2016-06-30 01:00:00| Food Processing Technology
Food manufacturer Mars has entered into a global strategic partnership with Alibaba Group, an online and mobile commerce company.
Tags: business
china
partnership
mars
Softbank to sell USD 7.9 bln in Alibaba shares
2016-06-01 09:24:00| Telecompaper Headlines
(Telecompaper) Japan's SoftBank said it will be selling USD 7.9 billion worth of shares in Alibaba in order to up its own liquidity and pay back debt. The transactions will include the sale of USD 2.0 billion worth of shares to Alibaba, USD 400 million worth of shares to members of the Alibaba Partnership acting collectively and USD 500 of shares to a private equity group, plus another USD 5.0 billion worth, to be offered by a newly formed trust in the form of American depositary shares (ADSs) in a private placement to institutional buyers. There will, in addition, probably be a greenshoe of USD 1.0 billon more worth of shares.
Softbank aims to raise $7.9bn via Alibaba stake sale
2016-06-01 02:00:00| Total Telecom industry news
Japanese operator to reduce stake to 28% in order to improve liquidity, cut debt.
Alibaba investigated by US regulators
2016-05-25 17:37:27| BBC News | Business | UK Edition
Chinese e-commerce giant Alibaba is being investigated by US regulators over its accounting practices.
Tags: investigated
alibaba
regulators
Softbank, Alibaba launch cloud jv for Japan
2016-05-13 09:01:00| Telecompaper Headlines
(Telecompaper) Alibaba and SoftBank have started a joint venture that will bring Alibaba Cloud cloud computing services to Japan. The new SB Cloud will open a new data centre in Japan and provide cloud computing services aimed at the Japanese market, for clients ranging from startups to multinational companies.
Tags: japan
launch
cloud
alibaba
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