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Renewed optimism over Alibaba Group Holding’s potential in artificial intelligence has turned the stock into Chinese investors’ favourite investment. They bought a combined HK$13.5 billion…
ESE ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from record highs. Alibaba rocketed 15 per…
Alibaba Group Holding’s stock leapt more than 18 per cent after reporting a surge in revenue from artificial intelligence (AI), underscoring the steady progress it’s making against rivals…
China’s Alibaba has developed a new chip that is more versatile than its older chips and is meant to serve a broader range of AI inference tasks, the Wall Street Journal reported on…
It reported total revenue of 247.65 billion yuan in the first quarter ended June, compared with an estimate of 252.92 billion yuan China’s Alibaba missed market estimates for…
Home-grown biotech firm Mirxes will join the Hang Seng Composite Index on Sep 8, the startup announced on Saturday (Aug 23). The Hang Seng Composite Index is a benchmark which covers about…
China’s biggest tech companies are bouncing back after years on the ropes with outsized ambitions to dominate in everything from robots and smart glasses to cheap meals. But investors want…
FOR years, a job at one of China’s technology behemoths was a golden ticket for the country’s ambitious youth. Now, a wave of downsizing is tarnishing that dream, pushing out seasoned…
The move marks a strategic retreat from a model that failed to gain traction against Walmart’s Sam’s Club and Costco Wholesale Alibaba Group Holding plans to gradually wind down…
OpenAI’s ChatGPT started a revolution in artificial intelligence (AI) development and investment. Yet nine-tenths of the technology and services that have sprung up since could be gone in…
The launch comes amid intensifying competition among Chinese technology companies in the global artificial intelligence development race Alibaba Group announced on Wednesday (Jul…
During the height of the pandemic, a unique kind of online shopping became one of the hottest trends in China’s tech industry. Called “community group buying,” it allowed consumers to save…
Asian sales of bonds that can be turned into shares have soared in 2025, heading towards multi-year highs, as interest rates remain elevated and rallying stocks create the right conditions…
A protracted battle in China’s food-delivery market has chopped US$100 billion in market value from Alibaba Group Holding, with no end in sight for damage to profits and investor…
Alibaba’s cloud computing arm on Wednesday (Jul 2) launched a global artificial intelligence (AI) innovation hub in Singapore, which will support over 5,000 businesses and 100,000…
The world’s second-largest economy’s e-commerce leader is facing growing challenges from up-and-comers such as PDD Holdings Alibaba Group Holding is offering 50 billion yuan (S$8.9…
The company will accelerate the buildout of its global cloud network in China, Japan, South Korea, South-east Asia, the Middle East, Europe and Americas over the next three years, the CEO…
SHANGHAI —This year’s 618, China‘s largest midyear online shopping festival, had a noticeably subdued tone as shoppers continued to sober up from splurging and stockpiling due to an…
The company operates 87 availability zones across 29 global regions and is China’s largest cloud provider Alibaba Group Holding will open a second data centre in South Korea by…
DAMAI Entertainment Holdings, formerly Alibaba Pictures Group, is shifting its focus from movies production to faster-growing entertainment segments targeting younger consumers – and…
China’s most popular artificial intelligence (AI) chatbots such as Alibaba’s Qwen have temporarily disabled functions including picture recognition, to prevent students from cheating…
Alibaba Group Holding chairman Joe Tsai said Asian companies can look to inter-Asia opportunities and the European market for growth as tensions between Washington and Beijing persist.…
Chinese e-commerce giant Alibaba is partnering with popular content platform Xiaohongshu to allow users on Xiaohongshu to directly click on product links to shop on Alibaba’s Taobao…
CHINESE e-commerce leader Alibaba said on Wednesday (Feb 26) that its video- and image-generating artificial intelligence (AI) model Wan 2.1 is now publicly available – or open source – in…
