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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 / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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