2024-03-22
Bloomberg
4 related
Meituan reports Q4 revenue up 23% YoY to ~$10.2B and a net income of ~$308.4M, both above estimates, as the food delivery giant plans an international expansion
Jane Zhang / Bloomberg :
2024-03-06
Bloomberg
8 related
JD reports Q4 revenue up 3.6% YoY to ~$42.6B, beating ~$41.7B est., after offering discounts and launches a $3B three-year stock buyback program; JD jumps 8%
Jane Zhang / Bloomberg :
2024-01-09
Bloomberg
3 related
Filing: JD-backed Dada Nexus is investigating “suspicious practices”, including a ~$140M overstatement of revenue and costs in 2023, triggering a 46% stock dive
Jane Zhang / Bloomberg :
2023-11-27
Bloomberg
5 related
Alibaba shutters its quantum computing research lab, donating the equipment to Zhejiang University, a sign of broader cutbacks, after revamping its cloud unit
Jane Zhang / Bloomberg :
2023-11-08
Bloomberg
3 related
Source: ByteDance offers to buy back staff stock at $160 per share, up from $155 in April 2023; ByteDance says the goal is to give liquidity and motivate staff
Jane Zhang / Bloomberg :
2023-10-20
Bloomberg
8 related
Beijing-based generative AI startup Beijing Zhipu Huazhang has raised ~$342M from Alibaba, Tencent, Ant Group, Xiaomi, HongShan, Meituan, and others in 2023
Jane Zhang / Bloomberg :
2023-10-17
Bloomberg
3 related
Chinese generative AI startup Baichuan, one of the first to win approval to release its LLMs, raised $300M from Alibaba, Tencent, Xiaomi, and others
Jane Zhang / Bloomberg :
2023-07-13
Bloomberg
5 related
JD.com unveils its ChatRhino LLM for enterprise, planning to use the tool internally for e-commerce, logistics, and more, before expanding to clients in H1 2024
Jane Zhang / Bloomberg :
2023-05-18
Bloomberg
12 related
Alibaba reports Q4 revenue up 2% YoY to ~$30.3B, a ~$3.2B net income, up from a ~$2.9B net loss in Q4 2022, and plans to spin off its cloud unit and IPO others
Jane Zhang / Bloomberg :
2022-11-26
Bloomberg
5 related
Meituan reports Q3 revenue up 28.2% YoY to ~$8.7B and ~$170M in profit, as its “core local commerce” segment, including food delivery and hotels, rose 24.6% YoY
Jane Zhang / Bloomberg :
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