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Toby Xu
The latest news on Toby Xu, chief financial officer of Alibaba, including business news and updates.
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Industry
Business, Technology
Job Title
Chief Financial Officer of Alibaba
China’s private sector
Partnerships, not plants: Chinese companies rethink overseas expansion strategy
Executives are urging a measured approach as Chinese firms turn to global markets amid intensifying competition at home.
28 Jan 2026 - 11:00AM
Alibaba
Alibaba to lead AI capital spending among Chinese firms amid strong demand
26 Nov 2025 - 7:30PM
Alibaba
Alibaba posts 5% rise in quarterly revenue on AI, cloud momentum
26 Nov 2025 - 6:41AM
E-commerce
Meituan, JD.com build central kitchens to ratchet up China’s delivery war
China’s catering industry is transforming, as internet platform operators become more involved in the food supply chain.
1 Aug 2025 - 9:16AM
Alibaba
Alibaba’s finance chief voices confidence in China’s AI boom
Toby Xu Hong says Alibaba’s substantial investments in AI and delivery services are are an endorsement of China’s progress.
30 Jul 2025 - 5:00PM
Alibaba
Alibaba revenue edges up to US$33.5 billion but misses estimates in June quarter
The tech giant’s revenue grew 4 per cent, while profits were down 29 per cent to US$3.3 billion, as it seeks to shore up e-commerce and cloud services.
15 Aug 2024 - 9:44PM
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Alibaba
Alibaba sees most profitable year since 2021 amid a refocus on core businesses
Alibaba net income rose 10 per cent to US$11 billion in the 2023 financial year, the first annual results since co-founder Joe Tsai took over as chairman.
14 May 2024 - 10:00PM
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Alibaba
Alibaba board approves separate listings for Cloud, Cainiao units
Chinese e-commerce giant Alibaba Group Holding reported a 2 per cent increase in revenue for its fourth quarter, while also approving a full spin-off of its cloud, logistics and supermarket businesses.
18 May 2023 - 10:58PM
Alibaba
Alibaba to turn into an ‘asset and capital operator’ after overhaul, CEO says
Daniel Zhang, Alibaba’s chairman and chief executive, said the group will initially retain control over the boards of the six new companies created under its restructuring plan.
30 Mar 2023 - 9:05PM
Alibaba
Alibaba net income halves, revenue flat amid economic headwinds
Alibaba Group Holding reported better-than-expected earnings for the June quarter, even as weakened consumption and economic headwinds in China crimped the profitability of the world’s largest e-commerce retailer.
5 Aug 2022 - 2:37AM
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Alibaba
Alibaba posts slowest ever quarterly revenue growth as economy slows
E-commerce giant Alibaba reported a 9 per cent increase in revenue for the March quarter, the slowest pace on record amid lockdowns but cloud business turns full year profit for first time.
26 May 2022 - 10:39PM
Alibaba
China stock buybacks get seal of approval as Goldman sees winning run
The market is rallying on the back of stock buyback overdrive from Chinese tech juggernauts. Tencent, however, did not announce one in its latest report card on Wednesday.
23 Mar 2022 - 5:38PM
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Alibaba
Alibaba expands share buy-back to a record US$25 billion amid stock slump
Alibaba has boosted its share buy-back programme from US$15 billion to US$25 billion, making it the largest buy-back in the tech giant’s history.
22 Mar 2022 - 4:16PM
Alibaba
Alibaba revenue slump extends to December quarter amid weak consumer spending
The Chinese e-commerce giant posted its slowest quarterly revenue growth since the company went public in 2014.
25 Feb 2022 - 9:21AM
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