Alibaba

Alibaba boosts share buy back as revenues miss estimates

Alibaba's net income was 10.7 billion yuan ($1.51 billion), a decrease of 77 percent

Alibaba unveils Tongyi Qianwen, an AI model similar to GPT

It will first be integrated into DingTalk, Alibaba's workplace messaging app and can be used to summarise meeting notes, write emails and draft business proposals. It will also be added to Tmall Genie, Alibaba's voice assistant

Alibaba joins global chatbot race

The announcement comes days after Chinese search giant Baidu said it would complete testing of its AI chatbot in March.

Daraz Group to reduce 11% of workforce

Daraz Bangladesh will also lay off dozens of employees as part of the plan of its mother organisation, Daraz Group

Alibaba keeps Singles Day sales tally under wraps for first time

Chinese e-commerce giant Alibaba has not released full sales figures for its annual Singles Day event for the first time ever, as a cooling economy dampened demand.

BYTES / It's official: Alibaba's Daraz finally enters the food delivery market of Bangladesh

Alibaba, the global e-commerce giant, officially enters the Bangladeshi food delivery scene through the acquisition of Hungry Naki in its locally invested venture, Daraz. The confirmation comes after both the parties entered negotiation in early December last year.

New era at Alibaba as Jack Ma rides into the sunset

Jack Ma steps aside as leader of the Alibaba Group, ending a spectacularly successful 20-year run during which the charismatic former English teacher's e-commerce company left a profound impact on China's economy.

Alibaba slams US treatment of Huawei

A senior Alibaba executive slams the United States’ treatment of China’s Huawei Technologies as “extremely unfair”, saying measures by the country to curb the firm’s access to their markets was “very politically motivated”.

Jack Ma, the ‘accidental entrepreneur’, to retire at 54

Alibaba's charismatic co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told the New York Times in an interview.

January 15, 2018
January 15, 2018

Alibaba's AI outguns humans in reading test

Alibaba develops an artificial intelligence model that scores better than humans in a Stanford University reading and comprehension test.

June 6, 2016
June 6, 2016

China moves up ‘power woman’ list

Chinese women have made their strongest showing on Forbes magazine's list of the world's most powerful women.

November 11, 2015
November 11, 2015

China's Alibaba breaks Singles Day record as sales surge

E-commerce giant Alibaba has broken its own record for sales on China's Singles Day, the world's biggest online shopping event.

March 19, 2015
March 19, 2015

Yahoo to shutter China office and cut "around 350" jobs

Internet giant Yahoo is closing its China office as part of a worldwide consolidation aimed at cutting costs

March 12, 2015
March 12, 2015

Alibaba ploughs $200 m into Snapchat in latest startup deal: source

Alibaba Group Holding Ltd (BABA.N) is investing $200 million in photo-messaging app Snapchat, a source familiar with the deal said, striking its latest Silicon Valley deal as the Chinese e-commerce company builds up mobile services.

March 12, 2015
March 12, 2015

Cheap ‘Apple Watch’ copies on sale

Smartwatches that mirror the look of the Apple Watch's hardware and software are being advertised on China's most popular online shopping service as AW08 and iWatch

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