- January 18, 2024
As the Lunar New Year approaches, major online retailers in China are offering significant discounts on iPhone models.
Alibaba’s Tmall and JD.com are among them. Apple, facing tough competition from domestic brands like Huawei, is also joining ...
- January 17, 2024
Valentine’s Day is less than a month away, and if you’re on the lookout for something special for your sweetie, PYMNTS is here to help.
Every month, we determine the most ...
- January 9, 2024
Alibaba.com will soon add an Instant Help feature to its artificial intelligence (AI) global sourcing tool called Smart Assistant.
The new Instant Help feature will leverage an AI-powered chatbot to answer ...
- December 12, 2023
The holidays are right around the corner, and holiday shopping is in full swing.
This edition of PYMNTS’ Provider Ranking of Shopping Apps is here to help you pick the right ...
- November 17, 2023
What could you do by your first birthday?
Chances are — not much, beyond maybe walking and gurgling a word or two.
For generative artificial intelligence (AI), the level of development after ...
- November 16, 2023
Chinese tech giant Alibaba says it will not spin off its cloud intelligence business.
The decision, announced Thursday (Nov. 16) along with the company’s quarterly earnings, is apparently the result of the U.S. government’s ...
- November 10, 2023
A man was sentenced to nearly 16 years in prison for orchestrating a fraud related to Alibaba’s 2014 initial public offering (IPO).
Frank Harold Rosenthal claimed to have a connection at ...
- November 6, 2023
Chinese artificial intelligence (AI) startup 01.AI has reportedly reached unicorn status less than eight months after launching.
The company, founded by computer scientist and Google/Microsoft veteran Kai-Fu Lee, was valued at more than $1 ...
- September 18, 2023
Alibaba reportedly told Turkey’s president it plans to invest $2 billion in the country.
Alibaba President Michael Evans made the remarks in a meeting with Turkish Head of State Tayyip Erdogan, ...
- September 12, 2023
Alibaba Group’s new CEO, Eddie Wu, has reportedly elevated artificial intelligence (AI) and user experience to be the company’s top priorities moving forward.
As Alibaba faces competition in the eCommerce industry, ...
- September 12, 2023
The PYMNTS Provider Ranking of Shopping Apps showcases the top-performing apps transforming the shopping experience.
This month, there are four ties, and Shein finds itself back in first place.
The Top 5
Shein ...
- September 10, 2023
China’s Alibaba Group says the head of its cloud unit — and ex-CEO — will resign.
A report Sunday (Sept. 10) by Reuters notes that the departure of Daniel Zhang is ...
- September 8, 2023
Alibaba Group Holding has reportedly decided to delay the potential initial public offering (IPO) of its grocery chain, Freshippo, in Hong Kong due to weak sentiment for consumer stocks.
The company had initially ...
- August 25, 2023
Alibaba Cloud has unveiled two open-source artificial intelligence (AI) models that have the ability to understand both images and text.
These models — Qwen-VL and Qwen-VL-Chat — were trained on Alibaba Cloud’s ...
- August 14, 2023
Back to school looms, and shopping — for now, at least — revolves around backpacks, Chromebooks, fall fashion, sneakers and, possibly, stocking up on dorm room snacks.
And for the key ...
- August 10, 2023
Chinese eCommerce giant Alibaba on Thursday (Aug. 10) posted a quarterly sales growth of 14% from the previous year, as its online shopping app Taobao and Tmall Group showed strength.
Speaking ...
- August 10, 2023
Since the dawn of software, there have been two types of development: open source and closed source.
A simple binary with complex ramifications, it is from these two varietals that the ...
- June 15, 2023
Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group.
Speaking at the Viva Tech conference in Paris, ...
- May 31, 2023
You may have clicked this link looking for radical changes of position in PYMNTS’ Provider Ranking of Shopping Apps. Sorry to disappoint, but this is not the month for rank changes.
In ...
- May 8, 2023
Been shopping lately? It’s pricey out there. The wise shopper is prepared, and the PYMNTS Provider Ranking of Shopping Apps indicates how those wise shoppers save.
Putting our money where our ...
- May 4, 2023
Alibaba is reportedly mulling a U.S. initial public offering (IPO) for its eCommerce unit.
The Chinese tech giant is in the early stages of weighing the listing, Bloomberg reported Thursday (May ...
- April 10, 2023
Alibaba may formally launch an artificial intelligence (AI) chatbot Tuesday (April 11).
The tech giant is holding an Alibaba Cloud Summit event on that day and may take the opportunity to ...
- March 29, 2023
In an ambitious and far reaching move, China is signaling a new approach to Big Tech.
And by extension, entrepreneurship and innovation will blossom.
Split six ways, you might say — crystallized ...
- March 28, 2023
Alibaba Group is splitting into six pieces with plans to take these new businesses public.
The Chinese eCommerce company said Tuesday (March 28) it was undergoing the biggest revamp in its ...
- March 20, 2023
What’s better than a shopping app? Air. Maybe. See if you don’t agree after perusing this month’s latest listings to see who’s got the mobile shopping mojo.
The Top 5
Still at ...
- March 10, 2023
China’s consumer spending hasn’t seen the surge many expected after the lifting of COVID-19 restrictions.
In recent comments, the CEOs of eCommerce firms JD.com and Alibaba said the country’s consumer spending ...
- February 23, 2023
China’s Ant Group’s quarterly profits plummeted following a long-term crackdown on the country’s tech sector.
The FinTech contributed $145 million to its affiliate Alibaba’s earnings, according to a Thursday (Feb. 23) ...
- February 23, 2023
Chinese eCommerce giant Alibaba is still suffering the effects of COVID-19.
The company released earnings results Thursday (Feb. 23) showing growth of 2%, a slower pace than its last quarter, as ...
- January 16, 2023
Investor Ryan Cohen has reportedly built a stake in Alibaba worth hundreds of millions of dollars.
He has also pushed the Chinese eCommerce firm to expand its stock buyback program, The ...
- January 2, 2023
The 10 top tech stocks lost a combined $4.6 trillion in market cap in 2022.
Amazon led the way by losing about $856 billion in market cap — nearly half its ...
- November 11, 2022
Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown ...
- September 14, 2022
B2B eCommerce market Alibaba.com has rolled out its second annual small business grants program, a press release said Wednesday (Sept. 14).
Called the Alibaba.com Manifest Grants Program, the $750,000 fund will ...
- September 1, 2022
Lazada Group, the eCommerce company owned by Chinese tech giant Alibaba, is preparing to head to Europe to compete with the likes of Amazon and Zalando.
How this all plays out ...
- August 3, 2022
Chinese FinTech Ant Group‘s Alipay is in the midst of another change in corporate leadership, with Eric Jing Xiandong stepping down as legal representative and chairman of Alipay.com.
That’s according to ...
- July 29, 2022
China’s Alibaba is getting closer to being removed from American stock exchanges in response to Beijing’s refusal to let U.S. inspectors examine the company’s audits.
As Bloomberg reported Friday (July 29), ...
- July 26, 2022
Ant Group executives are stepping down as partners of affiliate company Alibaba as the two biggest tech firms in China seek distance from one another against a backdrop of increased regulatory oversight.
CEO and ...
- July 26, 2022
Chinese tech giant Alibaba’s global expansion plans — and efforts to rival Amazon by adding more U.S. businesses to its eCommerce platform — are on hold as the company has ...
- June 3, 2022
China’s Alibaba Group has replaced the CEO of its Lazada Group eCommerce platform amid an intensifying battle for control of the Southeast Asian internet economy.
As Bloomberg News reported Friday (June ...
- May 4, 2022
Today in retail, CVS relies on tech and robotics as its store count declines and it focuses on post-COVID efficiencies, while the fashion industry is preparing for the holiday shopping ...
- April 29, 2022
In a world where most of the major economies are passing new legislation and rules to tame Big Tech companies, China may be considering pausing its regulatory spree to boost ...
