Alibaba Group

Alibaba Says AI Drives Growth in Retail and Cloud Businesses
Alibaba Says AI Drives Growth in Retail and Cloud Businesses
November 15, 2024  |  Earnings

Alibaba Group saw its offerings in artificial intelligence (AI) drive growth in both its retail and its cloud businesses during the quarter ended Sept. 30....

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China’s AI Patent Boom: 38,000 Filings Dwarf Global Rivals
China’s AI Patent Boom: 38,000 Filings Dwarf Global Rivals
July 05, 2024  |  artificial intelligence

China has emerged as the dominant force in generative artificial intelligence (AI) patents, outpacing global competitors by a significant margin, according to a new report...

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EC Deepens Investigation of AliExpress Compliance With Digital Services Act
EC Deepens Investigation of AliExpress Compliance With Digital Services Act
March 14, 2024  |  Regulation

The European Commission (EC) has opened formal proceedings to determine whether AliExpress breached requirements of the Digital Services Act. The probe will look at the...

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Alibaba Jettisons Cloud Spin-Off Amid Focus on AI
Alibaba Jettisons Cloud Spin-Off Amid Focus on AI
November 16, 2023  |  Earnings

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...

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Report: Alibaba Preparing IPO for $20 Billion Logistics Unit
Report: Alibaba Preparing IPO for $20 Billion Logistics Unit
March 30, 2023  |  IPO

China’s Alibaba Group is reportedly planning to take its logistics business public. The tech giant is in discussions with banks for an initial public offering...

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Alibaba Sells Half Its Stake in India’s Paytm
Alibaba Sells Half Its Stake in India’s Paytm
January 12, 2023  |  Mobile Payments

China’s Alibaba Group has reportedly sold half its take in Indian payments firm Paytm. The company sold its 3.1% stake in Paytm for $125 million...

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Sluggish Sales Prompt Alibaba to Go After Thrifty Shoppers
Sluggish Sales Prompt Alibaba to Go After Thrifty Shoppers
May 04, 2022  |  eCommerce

Chinese technology firm Alibaba Group is trying to regroup and regain its financial footing by focusing its eCommerce efforts on its Taobao Deals app, which...

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Alibaba Group Active Consumers up 62M in Q3
Alibaba Group Active Consumers up 62M in Q3
November 18, 2021  |  Retail

On the heels of an estimated $139 billion in Singles Day sales for Alibaba and JD.com, Alibaba Group Holding Limited’s active consumers hit 1.24 billion,...

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Alibaba Eyes $3B Investment In Ride-Hailing Giant Grab
Alibaba Eyes $3B Investment In Ride-Hailing Giant Grab
September 14, 2020  |  International

Alibaba Group, the Chinese eCommerce behemoth, is reportedly in talks to invest $3 billion in Singapore-based Grab Holdings, which is best known for its ride-hailing...

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