Tag: #Alibaba
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Coronavirus: A natural calamity or a plot?
Lahore, 26th March: Mubasher Lucman on his Official YouTube channel discloses different conspiracy theories presented by the world on the eruption of the coronavirus from Wuhan, a city in China since Dec 2019. According to Baaghi TV, today a very interesting video was posted on Mubasher Lucman Official YouTube Channel, in which the renowned journalist…
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COVID-19: Alibaba Founder pledges to donate medical facilities
China (21st Mar, 2020): Founder of China’s giant online retail service, Jack Ma, reportedly pledges to provide medical facilities to tackles the spread of Coronavirus, COVID-19. According to reports of Baaghi TV, Jack Ma who is the founder of China’s leading online retail service, Alibaba, has reportedly pledged to provide necessary medical facilities to countries…
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Saudi Aramco shares to begin trading after world’s biggest IPO
Riyadh, Dec 11 (AFP/APP): Saudi Aramco’s shares begin trading domestically on Wednesday, after the energy behemoth raised $25.6 billion in the world’s biggest initial public offering. Aramco has priced its IPO at 32 riyals ($8.53) per share, the high end of the target range, surpassing the $25 billion raised by Chinese retail giant Alibaba in…
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Wall Street Edges Higher as Dealers Await Trade Agreement
London, Nov 26 (AFP/APP): Wall Street continued its record run higher on Tuesday as investors tracked developments in the China-US trade talks, while Chinese online retail titan Alibaba surged almost eight percent on its Hong Kong debut. After closing Monday at record highs, Wall Street’s main indices inched higher Tuesday as Chinese and US officials…
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Alibaba eyes $12.9 bn Hong Kong IPO after setting price
Hong Kong, Nov 20 (AFP/APP): Chinese online retail titan Alibaba said Wednesday it could raise almost $13 billion in Hong Kong’s biggest IPO for nearly a decade after announcing the pricing of its shares for the mega sale. Asia’s biggest company has called the listing a multi-billion-dollar vote of confidence in the city’s markets as…
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Chinese consumers spend billions in ‘Singles’ Day’ shopping spree
Shanghai, Nov 11 (AFP/APP): Chinese customers spent billions of dollars during the opening hours of the country’s annual “Singles’ Day” frenzy Monday, the world’s biggest 24-hour shopping event that was kicked off by US megastar Taylor Swift. E-commerce giant Alibaba said the first $1 billion spent on its platforms was reached in just 68 seconds.…