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Alibaba

Alibaba misses quarterly revenue estimates

SHANGHAI: Alibaba Group Holding missed analysts’ estimates for second-quarter sales on Friday, as persistent...

Published 18 Nov, 2024 02:54am

BR Research

Interview with Ehsan Saya - Managing Director, Daraz Pakistan & Sri Lanka

Personalization is crucial in today’s diverse market, where each customer journey is unique Ehsan Saya is the...

Published 07 Oct, 2024 09:05am

Markets

Alibaba shares jump 4% on its addition to mainland Stock Connect Scheme

SHANGHAI: Shares in Alibaba Group jumped 4.2% on Tuesday as investors cheered its inclusion on China’s mainland...

Published 10 Sep, 2024 04:14pm

Business & Finance

Alibaba.com, TDAP announce series of training programmes

LAHORE: Alibaba.com, a leading platform for global Business-to-Business (B2B) e-commerce, and the Trade Development...

Published 09 May, 2024 03:11am

World

Alibaba’s Jack Ma steps out from the shadows with morale-boosting post

SHANGHAI: Alibaba co-founder Jack Ma has penned a lengthy memo to employees that expresses support for the internet...

Published 10 Apr, 2024 12:13pm

Business & Finance

With Cainiao buyback, Alibaba takes aim at rivals’ overseas advance

SHANGHAI: Alibaba’s plan to buy full control of its logistics subsidiary rather than spinning it off could signal...

Published 30 Mar, 2024 04:58am

Business & Finance

Alibaba misses revenue estimates; boosts buyback by $25bn

SHANGHAI: China’s Alibaba Group Holding on Wednesday missed analysts’ estimates for third-quarter revenue, hurt by...

Published 07 Feb, 2024 04:51pm

Markets

Alibaba drags HK stocks lower; China struggles

SHANGHAI: Hong Kong shares closed down on Friday, dragged by a slump in index heavyweight Alibaba Group after it...

Published 18 Nov, 2023 06:03am

Business & Finance

Alibaba scraps cloud business spin-off citing US chip curbs

SHANGHAI: Alibaba Group on Thursday scrapped plans to spin-off its cloud business, citing uncertainties created by...

Published 17 Nov, 2023 06:06am

Technology

Alibaba upgrades AI model Tongyi Qianwen, releases industry

HONG KONG: Chinese technology giant Alibaba said on Tuesday it has updated its artificial intelligence (AI) model...

Published 31 Oct, 2023 11:16am

Business & Finance

New Alibaba Group CEO lays out strategic priorities for staff

SHANGHAI: New Alibaba Group CEO Eddie Wu has told staff the tech giant’s two main strategic focuses going forward...

Published 12 Sep, 2023 09:56am

Technology

Alibaba shares slide 4% after former CEO quits cloud unit

HONG KONG: The Hong Kong-listed shares of China’s Alibaba Group fell more than 4% on Monday after the surprise...

Published 11 Sep, 2023 10:00am

Business & Finance

China’s Alibaba says Daniel Zhang quits cloud business in surprise move

SHANGHAI: China’s Alibaba Group said on Sunday that Daniel Zhang will step down from its cloud business, in a...

Published 11 Sep, 2023 06:32am

Business & Finance

Alibaba announces unexpected 14pc increase in quarterly revenue

BEIJING: Chinese e-commerce giant Alibaba announced an unexpected 14 percent on-year increase in quarterly sales on...

Published 15 Aug, 2023 06:30am

Business & Finance

Alibaba announces unexpected 14% increase in quarterly revenue

BEIJING: Chinese e-commerce giant Alibaba announced an unexpected 14 percent on-year increase in quarterly sales...

Published 10 Aug, 2023 05:14pm

Markets

Alibaba, Tencent shares rise as investors bet China’s tech crackdown is over

HONG KONG: Alibaba Group and Tencent shares rose in Hong Kong on Monday after China’s $984 million fine against ...

Published 11 Jul, 2023 06:08am

Technology

Chinese tech giant Alibaba names next CEO

BEIJING: Chinese tech giant Alibaba said Tuesday it will replace its top boss in a surprise move at the e-commerce...

Published 20 Jun, 2023 10:59am

Technology

TikTok to invest billions of dollars in Southeast Asia

JAKARTA: Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in...

Published 15 Jun, 2023 09:30am

Markets

UK’s FTSE 100 starts week higher on energy boost; ASOS jumps

UK’s FTSE 100 edged up on Monday boosted by energy firms after top oil exporter Saudi Arabia pledged to cut...

Published 05 Jun, 2023 01:17pm

Business & Finance

Alibaba says to hire this year, refuting layoff rumours

SHANGHAI: Alibaba Group Holding Ltd said on Thursday it planned to hire 15,000 people this year, dismissing rumours...

Published 25 May, 2023 08:04pm

Business & Finance

Alibaba’s cloud unit to cut 7% of staff in overhaul

Alibaba Group Holding Ltd’s cloud unit has started a round of downsizing that will impact 7% of the staff as it...

Published 23 May, 2023 05:23pm

Business & Finance

Alibaba misses revenue estimate, approves cloud unit spinoff

SHANGHAI: China’s Alibaba Group Holding Ltd posted a 2% rise in quarterly revenue that missed expectations on...

Published 22 May, 2023 06:23am

Opinion

M-commerce can help country arrest economic slide

Pakistan’s economy has faced numerous challenges, including inflation, unemployment, and low growth rates. ...

Published 21 May, 2023 04:00am

Business & Finance

Alibaba misses revenue estimates, approves cloud unit spinoff

China’s Alibaba Group Holding Ltd posted a 2% rise in quarterly revenue that missed expectations and said its board...

Published 18 May, 2023 05:26pm

Business & Finance

SoftBank books narrower loss after Alibaba stake sell-down

TOKYO: Japan’s SoftBank Group Corp on Thursday posted a sharply narrower annual loss after a capital raise using...

Published 15 May, 2023 06:41am

Markets

Alibaba logistics arm eyes up to $2 billion Hong Kong IPO

SYDNEY/HONG KONG: Alibaba’s logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early...

Published 08 May, 2023 10:12am

Business & Finance

Restructuring of Alibaba to enhance decision-making: CEO

SHANGHAI/HONG KONG: Alibaba Group’s restructuring will allow all its business units to become more agile and...

Published 03 Apr, 2023 06:36am

Markets

Alibaba split-up plan boosts HK stock market

SHANGHAI: Hong Kong stocks surged on Wednesday, boosted by a jump in Alibaba’s shares following the internet...

Published 30 Mar, 2023 06:35am

Technology

Alibaba’s breakup lifts hopes China’s regulatory winter is thawing

Investors cheered a major revamp of Alibaba Group as a sign Beijing’s crackdown on the corporate sector was nearing...

Published 29 Mar, 2023 11:51am

Markets

Japan's Nikkei ends at near 3-wk high on boost from ex-dividend stocks, SoftBank

TOKYO: Japan's Nikkei share average ended at a near three-week high on Wednesday as investors snapped up stocks set...

Updated 29 Mar, 2023 12:25pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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