Alibaba
Alibaba's Jack Ma wants AI to serve, not replace or rule over humans
The Chinese billionaire, who once likened AI to love, argued that the technology should be tailored to serve people and make their lives better
Princeling under scanner: Why is China probing a former vice-premier's son?
Liu Tainran, son of former vice-premier Liu He, is being investigated by Chinese authorities over alleged financial misconduct linked to the Ant Group IPO collapse
Alibaba unveils new AI model in Qwen series for multimodal processing
Alibaba said in a statement that its new Qwen2.5-Omni-7B system demonstrated particularly high performance in speech understanding and generation
Alibaba unveils AI-powered Quark app with advanced chatbot & planning tools
New Quark will be available to all users gradually, starting with a pilot launched on Thursday
Alibaba to release open-source version of video, image generating AI model
The release of the model comes as competition intensifies in China's AI market, following DeepSeek's launch of its latest open-source models last month
Alibaba joins global AI race, commits to $53 billion investment over 3 yrs
Chinese e-commerce giant Alibaba Group will focus on expanding data centres and computing capabilities to support the next generation of AI applications
Alibaba plans major AI investment as revenues rebound in third quarter
The company's revenue was 280.15 billion yuan ($38.58 billion) for the three months ended December 31, compared with 279.34 billion yuan expected by 17 analysts polled by LSEG
Alibaba unveils Qwen 2.5 AI model, claims it outperforms DeepSeek-V3
Qwen 2.5-Max outperforms almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B," Alibaba's cloud unit said
TikTok, five other Chinese companies hit by EU privacy complaints
Noyb is known for filing complaints against American companies such as Apple, Alphabet and Meta , leading to several investigations and billions of dollars in fines
Companies that spent billions on M&A now selling at knockdown prices
Alibaba Group Holding Ltd. announced Tuesday it's going to sell Chinese department-store chain Intime to a local apparel group for $1 billion. The price is around 30% of the company's valuation
Alibaba to sell intime department stores for $1 billion amid restructuring
The deal comes as Alibaba looks to shift focus from its dominance in China's retail sector to its core e-commerce and cloud operations
Alibaba Group combines e-commerce arms to tackle growing competition
Alibaba split into six business units in 2023, in the biggest revamp of its 24-year history
China's Alibaba Group raises $5 billion in dual currency bond deal
The deal is the first time the company has tapped the dollar bond market since 2021, according to data compiled by LSEG, and also the largest corporate bond in Asia Pacific this year
Alibaba plans to raise $5 billion through dual currency bond issuance
The current dollar tranche would consist of a 5.5-year, 10.5-year and 30-year dollar bond, a term sheet seen by Reuters showed. Alibaba is also working on a 3.5-year, 5-year, 10-year and 20-year
Alibaba misses quarterly revenue estimates, cloud revenue rises 7%
Its U.S.-listed shares were up 3.3% in pre-market trading, however, as it reported an adjusted profit of 15.06 yuan per American Depository Share, beating estimates of 14.88 yuan
China's market regulator says Alibaba completed 3-yr 'rectification' period
In 2021, the regulator slapped a record $2.75 billion fine on the e-commerce giant for abusing its market position by forcing merchants on its platforms not to work with rival platforms
China to impose six-month business ban on PwC over its Evergrande audit
PwC's China unit has already lost at least two-thirds of its accounting revenues from mainland-listed clients this year since its Evergrande audit failure
Will be tough for Alibaba, Tencent, JD.com to grow without Beijing's help
Chinese tech firms may look to invest heavily in artificial intelligence, despite unique challenges
China's e-commerce giant Alibaba group misses Q1 revenue estimates
Alibaba is also grappling with stiff competition from rivals including JD.com and discount-focused retail platforms such as PDD Holdings' Pinduoduo and ByteDance-owned Douyin
Chinese billionaire criminal secretly profited off Jack Ma's deals
Xiao Jianhua was languishing in detention on bribery and corruption charges - a larger-than-life target of a government crackdown on graft
