Borje Ekholm

Chinese e-commerce giant Alibaba Group Holding Limited (NYSE: BABA) has raised its share buyback program to $25 billion from $15 billion. What Happened: Alibaba said on Monday that its board approved the share repurchase program, which will run for two years through March 2024. The...

Shares of Alibaba Group Holding Ltd (NYSE: BABA) spiked higher by 10 percent Thursday after the company reported its fourth quarter and full year results while also announcing that Daniel Zhang, currently Chief Operating Officer of Alibaba will take over as Chief Executive Officer as of May 10...