Alibaba Group Holding Ltd (BABA.N)
12 Nov 2018
* Oil prices surge on Saudi production cut plans (Updates throughout, changes byline, dateline)
SHANGHAI, Nov 12 Asian shares drifted lower on Monday as signs of softening demand in China rekindled anxiety about the outlook for world growth, but Saudi Arabia's plans to cut production helped to halt a slide in oil prices.
SHANGHAI Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.7 billion) in sales on Sunday during its 24-hour online retail frenzy Singles' Day, but the event's annual growth dropped to its slowest rate. | Video
* Annual growth rate 27 pct vs 39 pct in 2017 (Adds JD.com sales figure, graphic, details)
SHANGHAI, Nov 11 Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan ($9.92 billion) in the first hour of its annual Singles' Day on Sunday, up roughly 21 percent from last year's early haul of 57 billion yuan.
HONG KONG, Nov 8 SoftBank Group Corp is looking to invest in Chinese bike-sharing start-up Hellobike, people with knowledge of the matter said, as the Japanese conglomerate bets on a market that has struggled with oversupply and tightening regulations.
HONG KONG Alibaba Group's newly formed on-demand online services unit has rocketed in value to as much as $30 billion after raising $4 billion in fresh funds, people with knowledge of the situation told Reuters.
* SoftBank, Alibaba invest more than $3 bln altogether - sources
WUZHEN, China China should have a more prominent role in shaping the future of the global internet, President Xi Jinping said on Wednesday in remarks that underscored how battle lines for control of the web have hardened amid a biting trade war with the United States.
WUZHEN, China China's President Xi Jinping called on Wednesday for greater global cooperation in developing the internet and make it more "fair and equitable", as Beijing seeks to bolster its global role in shaping the web.