Alibaba Group News - June 10, 2026
Chinese Firms Cut Staff With AI, Bypassing Strict Labor Laws
Chinese companies use artificial intelligence to reduce workforces through gradual automation and hiring freezes. This strategy allows firms to bypass labor...
🔴 Alibaba Group Holding Ltd is trading 3% down today amid a broader tech selloff and cautious sentiment toward Chinese equities
Alibaba Group Holding Ltd is trading 3% down at $116.07 as investors pull back from large-cap tech and China-exposed names in a risk-off session. • The stock...
🔴 Alibaba Group Holding Ltd is trading 3.1% down today as Ant unit seeks funding amid broader market pressure
Alibaba Group Holding Ltd is trading 3.1% down at $115.95 in pre-market, extending recent weakness as investors weigh reports that Ant International is seeking...
Ant International seeks $1B funding, eyeing potential Hong Kong IPO
Ant International is considering a $1 billion fundraising round. This capital injection could value the division at $10 billion or more. The company has...