Alibaba Group Holding Ltd is a leading multinational conglomerate specializing in e-commerce, retail, and technology. The company operates various online marketplaces that connect consumers and businesses, facilitating the sale of goods and services. Beyond e-commerce, Alibaba has diversified its offerings to include cloud computing, digital media, and entertainment, striving to empower businesses with innovative technology solutions. With a strong focus on integrating online and offline experiences, Alibaba continuously evolves its platform to meet consumer demands and optimize supply chain efficiency. The organization's mission is to make it easy to do business anywhere, leveraging its expansive reach to foster global commerce. Read More
Two senior U.S. lawmakers on Friday called on the Securities and Exchange Commission to delist 25 Chinese companies from U.S. stock exchanges, citing national security concerns over alleged military ties.
China's DeepSeek AI hype may be overblown, says Anthropic co-founder Jack Clark. Clark believes US still leads in AI research, but others believe China's push to build infrastructure could pose a threat.
Trump to sign Take It Down Act targeting deepfake media, while easing tariffs on foreign parts for US vehicles. Apple reports strong earnings and considers shift to India amid China tariff pressures.
The week was abuzz with news from the tech world, with artificial intelligence (AI) taking center stage. From potential policy changes affecting AI chip exports to the impact of AI on workloads and coding, the stories were as diverse as they were intriguing. Here's a quick recap of the top stories.
Nvidia is developing new AI chips for Alibaba, ByteDance, and Tencent in response to U.S. export restrictions on its H20 chip, which could cost the company $5.5 billion.
In a strategic move, Alibaba Group Holding (NYSE: BABA) has advanced the rollout of its rapid-delivery service, Taobao Instant Commerce. This accelerates the rivalry with JD.com (NASDAQ: JD)and Meituan.
The world of e-commerce is evolving faster than ever, and fulfillment, the backbone of every successful online transaction, is undergoing a transformation of its own. As customer expectations rise and technology continues to advance, businesses must adapt or risk falling behind. Here are five key trends that are not just reshaping how orders are processed and delivered but are redefining the entire e-commerce experience.
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Alibaba launched a new rapid-delivery feature on its Taobao shopping platform on Wednesday to compete in China's fast-growing on-demand delivery market against rivals like JD.com and Meituan.
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) today announced that it will report its unaudited financial results for the quarter and fiscal year ended March 31, 2025 before the U.S. market opens on Thursday, May 15, 2025, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day.
Alibaba launched its most advanced AI model, Qwen 3, aiming to compete with DeepSeek's disruptive technology and Baidu's Ernie Turbo models amid rising competition in China's AI sector.
Ant Group's Wealthiness and Prosperity Holding will purchase 857.98 million shares of Bright Smart Securities, representing approximately 50.55% of the total issued shares, for HK$3.28 per share.
