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Top related persons:
Alibaba's - 1 Alibaba - 1 It's - 1 Aly - 1 Group's - 1 DingTalk - 1 Casey Hall - 1 Himani Sarkar - 1
Top related locs:
Hangzhou China China — Beijing Shanghai Zhejiang province
Top related orgs:
Morning - 1 Taotian - 1 China Morning Post - 1 Alibaba Holdings - 1 Big Tech - 1 Alibaba - 1 Holding - 1 REUTERS - 1

Search resuls for: "Alibaba Holding"


3 mentions found


☆ Alibaba is so confident Beijing's tech crackdown has ended that it has just listed over 2,000 jobs for fresh graduates
  + stars: | 2023-08-21 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
Alibaba's Taotian Group — which includes Taobao and Tmall — is hiring 2,000 fresh graduates this year. It comes at an opportune time for China's fresh graduates as youth unemployment hit a record high in June. Alibaba's hiring over 2,000 fresh graduates this year – signaling that it views an end to China's tech crackdown. China's unemployment rate for those in the 16 to 24-year-old bracket hit a record high of 21.3% in June — meaning one in five youths were unemployed. The development is a reversal after waves of job cuts in China's tech sector following a regulatory crackdown that started in 2020 and wiped $1.1 trillion off the market value of its Big Tech firms.
Persons: Alibaba's, Alibaba, It's Organizations: Morning, Taotian, China Morning Post, Alibaba Holdings, Big Tech Locations: China —, Beijing, Shanghai, Hangzhou, China
☆ Alibaba’s DingTalk to split from Cloud business group - sources
  + stars: | 2023-08-16 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com   time to read: +1 min
REUTERS/Aly Song Acquire Licensing RightsSHANGHAI, Aug 16 (Reuters) - Alibaba Group's (9988.HK) work communication and collaboration platform DingTalk will split from the company's cloud division, according to two sources close to the company. Alibaba's Cloud Intelligence Business Group did not immediately reply to a request for comment on the matter. Though the Slack-like DingTalk will split structurally from Alibaba's Cloud Business Intelligence unit, the sources said it would continue to work closely with the cloud division technology-wise. The tech giant announced the split of its business in March and has said the cloud division was likely to IPO by May next year. Alibaba Group last week reported better than expected results for its first quarter, but sales for its Cloud Intelligence Business Group, a major growth driver outside of e-commerce, reported the smallest revenue growth among the group's business units of 4%.
Persons: Aly, Group's, DingTalk, Casey Hall, Himani Sarkar, Conor Humphries Organizations: Alibaba, Holding, REUTERS, Rights, HK, Alibaba Holding, Cloud Intelligence Business Group, Cloud Business Intelligence, Thomson Locations: Hangzhou, Zhejiang province, China
☆ Bill Miller keeps betting big on this energy stock, which is up 60% this year
  + stars: | 2022-11-17 | by ( Yun Li | ) www.cnbc.com   time to read: +1 min
Value investor Bill Miller kept his top holding unchanged last quarter, betting on an energy name that has jumped nearly 60% this year. Miller first bought the stock in the fourth quarter of 2021. Goldman Sachs recently published a bullish note on Ovintiv, saying the stock could surge 40% in the next 12 months. Another energy name among Miller's biggest holdings is Energy Transfer , which he kept unchanged at $65 million. The stock has fallen about 30% in volatile trading this year amid heightened geopolitical tensions.
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