Business
Alibaba to spend three billion yuan for Chinese New Year AI push as chatbot war heats up
The public holiday period this year begins on Feb 15 and is nine days long, longer than in most previous years Alibaba said on Monday (Feb…
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Alibaba
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Alibaba plans IPO for AI chipmaking unit T-Head: sources
As a first step, Alibaba plans to restructure the unit as a business partly owned by employees Alibaba Group Holding is preparing to list…
Business
Alibaba takes major step to link Taobao shopping to main AI app
Alibaba Group Holding plans to link its flagship online shopping and travel services to its AI app, taking its biggest step yet to build…
Business
Alibaba and JPMorgan are said to invest in chip designer Montage’s HK listing
Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in…
Business
Alibaba, Abu Dhabi set to invest in AI startup MiniMax’s US$600 million IPO
CHINESE artificial intelligence (AI) startup MiniMax has secured Alibaba and the Abu Dhabi Investment Authority as key backers in its…
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ByteDance, Alibaba keen to order Nvidia H200 chips after Trump green light: sources
The chip’s ability to train AI models is currently unmatched by domestic equivalents [BEIJING/SINGAPORE] ByteDance and Alibaba have asked…
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Anta Sports, Chow Tai Fook, Alibaba Donate for Hong Kong Fire Relief
HONG KONG – Companies are pleding funds and material support in the aftermath of a devasting fire in Hong Kong, which has left at least 80…
Business
Alibaba starts selling Quark AI glasses in China, enters global wearables race
Alibaba released on Thursday (Nov 27) its new Quark artificial intelligence (AI) glasses in China, heralding the Chinese tech company’s…
Business
Alibaba, BYD, Popmart: The best and worst performing SDRs on the SGX
Singapore Depository Receipts (SDRs) have recorded varying levels of trading activity since they first appeared on the local bourse two…
Business
Alibaba beats quarterly revenue estimates
The company reported revenue of 247.80 billion yuan (S$45.5 billion) in the second quarter, compared with the estimates of 242.65 billion…
Business
Alibaba revenue tops estimates with strong instant retail, AI push
The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector Chinese e-commerce giant Alibaba…
Business
Alibaba prepares major revamp of flagship AI app to rival ChatGPT
Alibaba Group Holding is preparing an overhaul of its main mobile AI app in coming months to help it more closely resemble OpenAI’s…
Business
Alibaba launches Qwen3-Max AI model with more than one trillion parameters
The company has announced plans to invest 380 billion yuan in artificial intelligence-related infrastructure over the next three years…
Business
Alibaba to open new data centres; unveils most powerful AI model
The expansion comes as the company positions AI, which includes cloud, as a core business priority alongside its traditional e-commerce…
Business
Cathie Wood buys Alibaba after four years in China comeback
Cathie Wood’s funds reopened positions in Alibaba Group Holding for the first time in four years, just as the stock rallied to a multiyear…
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Jack Ma returns with a vengeance to ‘Make Alibaba Great Again’
During China’s years-long crackdown on the tech sector, Alibaba Group Holding’s internal messaging boards lit up with dreams to “MAGA” –…
Business
Alibaba seeks US$3.17 billion in 2025’s biggest convertible issue
The company is raising the funds for purposes including scaling up its data centres, upgrading technology and expanding international…
Business
Alibaba leads Chinese tech funding spree with US$3.2 billion deal
The proceeds will be spent on various purposes, including scaling up its data centres, upgrading technology and expanding international…
Business
Alibaba mapping app steps into local business rankings, intensifying competition
Alibaba’s mapping app Amap is moving away from its traditional focus on navigation and encroaching into rival Meituan’s local-lifestyle…
Business
China’s AI chip boom fuels rallies in Cambricon, Alibaba shares
The mainland’s chip-focused gauge, better known as Star50, now trades at 57 times forward earnings, above its five-year average of 41 Chip…
Business
Alibaba dumps 151.3 million SingPost shares, slashing its stake to below 5%
This means the Chinese e-commerce giant is no longer a substantial shareholder of the national postal service provider Alibaba Investment,…
Business
Alibaba is No 1 for China traders ploughing HK$13.5 billion in stock
Renewed optimism over Alibaba Group Holding’s potential in artificial intelligence has turned the stock into Chinese investors’ favourite…
Business
Asia: Alibaba soars but markets dip
ESE ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from…
Business
Alibaba shares soar most since 2022 after making headway in AI
Alibaba Group Holding’s stock leapt more than 18 per cent after reporting a surge in revenue from artificial intelligence (AI),…