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Alibaba Co-Founder Says Asian Americans Get 'Scapegoated' In Times Of Crises
Wednesday, June 16, 2021 - 3:52am | 445Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) co-founder Joe Tsai believes that Asian Americans get “scapegoated” whenever there is a crisis in the U.S. What Happened: In an interview with CNBC, Tsai noted that when the U.S. economy is doing well, Asian Americans...
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Alibaba Co-Founder Tsai Investing In Esports Franchise G2
Wednesday, December 11, 2019 - 8:26am | 262Alibaba Group Holding Ltd. (NYSE: BABA) co-founder Joe Tsai is buying a minority stake in German-based esports franchise G2 Esports. Tsai, who also owns the NBA’s Brooklyn Nets and the Barclays Center, will invest $10 million in the team, according to a Tuesday report by Bloomberg. G2...
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Alibaba Wants More Hollywood Hits After Oscar Win
Thursday, February 28, 2019 - 4:52pm | 402Chinese internet giant Alibaba Group Holding Ltd (NYSE: BABA) made history last week after its "Green Book" film won the Oscar for Best Picture. Now the company is looking to capitalize on recent momentum by producing more Hollywood movies, according to co-founder and executive vice...
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Alibaba's Chairman And Vice Chairman To Buy Back $500 Million In Company Stock
Monday, February 29, 2016 - 10:05am | 130According to a report from Reuters, Alibaba Group Holding Ltd (NYSE: BABA)'s Chairman Jack Ma and Vice Chairman Joe Tsai have committed to buying $500 million worth of Alibaba's stock. Reuters, citing China-based Sina News, noted that Ma and Tsai will use their own private funds to...
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Superstar Analyst Bob Peck Went To China; Here's What We Learned
Monday, September 21, 2015 - 2:29pm | 682Bob Peck of SunTrust Robinson Humphrey spent two weeks travelling through China; he also visited India while abroad. Peck met with management teams from Alibaba Group Holding Ltd (NYSE: BABA) and JD.Com Inc(ADR) (NASDAQ: JD). Peck noted national brands continue to "dominate" in China; Alibaba and...
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UPDATE: Alibaba Files For $1 Billion IPO
Tuesday, May 6, 2014 - 5:17pm | 252Tuesday afternoon, Alibaba.com filed a Form F-1 with the SEC that contains details regarding its upcoming IPO. According to the F-1 filing, Alibaba.com is the world's largest online and mobile commerce place, with over 11.8 billion orders annually, with 2013 sales reaching the $5.5 billion...