Staff memo: Alibaba says it is setting up a new task force to accelerate foundation model development, after the resignation of its Qwen AI head Lin Junyang
Alibaba Group Holding Ltd (9988.HK) said on Thursday it would set up a new task force to accelerate foundation model development …
Meituan reports Q3 revenue up 2% to $13.4B and a $2.3B adjusted net loss, worse than $1.9B est., its first loss since 2022, amid a price war with JD and Alibaba
Meituan posted its first loss in almost three years, reflecting the toll of a three-way battle with Alibaba Group Holding Ltd …
Alibaba appoints a new CFO and will reorganize its e-commerce businesses under two new divisions, one domestic and one international
Alibaba Group Holding Ltd (9988.HK) said Toby Xu, will succeed Maggie Wu as the company's chief financial officer from April, a move it described as part of the company's leadership succession plan.
Sources: Alibaba is planning to raise $5B to $8B in a USD-denominated bond sale this month, as China increases scrutiny of Jack Ma's empire
HONG KONG (Reuters) - China's Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a U.S. dollar-denominated bond this month …
Sources: Alibaba has delayed its up to $15B listing in Hong Kong, initially set to launch in late August, amid growing political unrest
HONG KONG/NEW YORK (Reuters) - China's biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion listing …
Report: Alibaba to buy NetEase's Kaola, one of the biggest Chinese shopping sites for imported goods, for $2B in cash
(Reuters) - Alibaba Group Holding Ltd has agreed to pay $2 billion in cash to buy Chinese e-commerce firm Kaola, local news outlet Caixin reported on Friday. (bit.ly/2HcCI6C)
Alibaba beats with June quarter revenue of $16.3B, up 42% YoY, cloud computing revenue of $1.1B, up 66% YoY, and core commerce revenue of $14.14B, up 44% YoY
SHANGHAI (Reuters) - China's Alibaba Group Holding Ltd (BABA.N) reported better-than-expected quarterly revenue and profit on Thursday …
Alibaba says it will set up a chip subsidiary to make customised AI chips for its cloud and IoT businesses, aims to launch its first AI chip in H2 2019
HANGZHOU, China (Reuters) - Alibaba Group Holding Ltd (BABA.N) will set up a dedicated chip subsidiary and aims to launch …
Alibaba will invest another $2B in Southeast Asian online mall Lazada; Ant Financial's executive chair will replace Lazada's CEO
Ant Executive Chair Lucy Peng to replace Lazada's CEO — Alibaba investment in Lazada reaches $4 billion in total — Alibaba Group Holding Ltd …
Alibaba is investing $486M for 38% stake in Beijing Shiji Retail Information Technology Co., a big data firm focused on hotels and retailers such as Starbucks
SHANGHAI (Reuters) - China's biggest e-commerce company Alibaba Group Holding Ltd will invest $486 million for a stake …