alibaba

Alibaba Group Holding Limited, also known as Alibaba Group and as Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.
Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
November 10, 2023  |  Legal

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...

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Chinese AI Unicorn 01.AI Claims to Rival Meta’s Llama 2
Chinese AI Unicorn 01.AI Claims to Rival Meta’s Llama 2
November 06, 2023  |  artificial intelligence

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,...

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Report: Alibaba Plans to Invest $2 Billion in Turkey
Report: Alibaba Plans to Invest $2 Billion in Turkey
September 18, 2023  |  Investments

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...

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Alibaba CEO Says AI and User Experience Are Top Priorities
Alibaba CEO Says AI and User Experience Are Top Priorities
September 12, 2023  |  Artificial Intelligence

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...

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PYMNTS Provider Ranking Rates Top Shopping Apps Defining Retail
PYMNTS Provider Ranking Rates Top Shopping Apps Defining Retail
September 12, 2023  |  Shopping

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...

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Alibaba Cloud CEO Daniel Zhang Steps Down
Alibaba Cloud CEO Daniel Zhang Steps Down
September 10, 2023  |  eCommerce

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...

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Report: Alibaba Delays Freshippo IPO Due to Weak Demand
Report: Alibaba Delays Freshippo IPO Due to Weak Demand
September 08, 2023  |  IPO

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...

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Alibaba Cloud Unveils AI Models That Understand Visual Content
Alibaba Cloud Unveils AI Models That Understand Visual Content
August 25, 2023  |  artificial intelligence

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...

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As Summer Wanes, Shein Shines Atop Shopping App Rankings 
As Summer Wanes, Shein Shines Atop Shopping App Rankings 
August 14, 2023  |  Mobile Applications

Back to school looms, and shopping — for now, at least — revolves around backpacks, Chromebooks, fall fashion, sneakers and, possibly, stocking up on dorm...

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