Alibaba

Finance & Economics

Alibaba Reports Quarterly Earnings

The Chinese company Alibaba on Tuesday, May 14, released data on the financial results of its activities in the fourth fiscal quarter.

News

Chinese E-Commerce Giants Face Unstable Balance Between Discounts and Profit

Alibaba’s quarterly reports will be published this week and JD.com, Chinese e-commerce giants whose performance is a kind of indicator of the condition of the world’s second-largest economy, especially in the context of reflecting the sentiment prevailing in the local consumer environment.

Science & Technology

Alibaba Launches New Version of Its Large Language Model

Last Thursday, May 9, China’s Alibaba Cloud announced the launch of a new version of its large language model.

Science & Technology

Lenovo and Alibaba Cooperate to Build AI Computers

Lenovo Group, one of the world’s largest manufacturers of personal computers, has partnered with Alibaba Group Holding, a giant in the sphere of Internet business, to create a series of products based on artificial intelligence.

Fintech & Ecommerce

Alibaba Reportedly Plans to Invest $1.1 Billion in South Korea

The media reports that Alibaba Group intends to invest $1.1 billion in South Korea.

News

Alibaba Seeks Middle East Partners

Chinese e-commerce giant Alibaba Group Holding Ltd. is currently seeking to establish partnerships with companies from the United Arab Emirates and Saudi Arabia.

News

Alibaba Promotes Millennials to E-Commerce Leadership Roles

Alibaba Group Holding is pushing millennials, who are representatives of the generation born in the early 1980s – mid-1990s, to take leading roles in the Chinese online market, since currently this e-commerce giant, based in Huangzhou, is going through a kind of transformation period to resist the pressure of competitors such as PDD Holdings.

Finance & Economics

Alibaba Loses $20 Billion in Market Value

Chinese e-commerce giant Alibaba has lost $20 billion in market capitalization after it became known that this company will no longer spin-off and list its cloud computing business as a separate functional unit.

News

Alibaba Group to Embrace AI

The new CEO of Alibaba Group, Eddie Wu, said that this alliance of companies will actively introduce artificial intelligence technologies into the structure of their activities and promote young people to senior management positions.

News

Alibaba Cloud Eyes Private Round to Raise Funds from Chinese State-Owned Enterprises

The media, citing knowledgeable persons, reported that the cloud unit of Alibaba Group Holding is currently exploring the possibility of conducting a private round of financing to raise funds from Chinese state-owned enterprises.

News

Alibaba Cloud Launches New AI Models

Alibaba Cloud has developed two open-source artificial intelligence models that are able to recognize information contained not only in text materials but also in images.

News

Standard Chartered Partners Ant Group to Promote Sustainability Goals

Standard Chartered and Ant Group agreed to enhance their partnership in driving green and inclusive finance, global fund management and sustainable development

Fintech & Ecommerce

Alibaba to Bring Tmall eCommerce Site to Europe

Michael Evans, president of Alibaba Group, announced the intention of the Chinese e-commerce giant to launch its Tmall website in Europe.

Fintech & Ecommerce

Ant Group Achieves 2022 Carbon Neutrality, Doubles R&D Expenditure

With the help of green computing technologies, Chinese fintech giant Ant Group reduced carbon emissions by over 62,100 tonnes of carbon dioxide equivalents (CO2e) in 2022

Fintech & Ecommerce

Alibaba Vows Historic Investment in Taobao App

The e-commerce division of Alibaba Group Holding Ltd. intends to direct huge investments to the development of its Taobao trading application.

Fintech & Ecommerce

How Can Ecommerce Sites Implement Live Streaming in New Ways to Get Ahead?

The ecommerce industry has boomed over the last few decades, but the crazy thing is it is only just getting started. Indeed, online consumerism will be ubiquitous in the future, and it’s expected to grow significantly and reach $7.3 trillion by 2025. There’s still a lot of opportunity out there for businesses in the industry and people […]

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