Alibaba to Sell Up to $5 Billion Convertible Bond to Fund Buyback
Alibaba bought back $4.8 billion worth of shares in the quarter ended March, staging the second largest ever repurchase after its board in February approved a $25 billion increase to its repurchase pr...
Alibaba Vows to Continue Investing in AI, the "Most Powerful" Driver for Business
If we don't keep up with the constant and marvelous improvements that AI is showing us on a daily basis, we will be displaced, Alibaba Chairman Joe Tsai and CEO Eddie Wu said in their letter to shareh...