Culture
Billionaire investor Ryan Cohen boosts stake in Alibaba to US$1 billion: WSJ
BILLIONAIRE investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba Group to roughly US$1 billion in…
Tag
Alibaba
Culture
Alibaba revenue beats estimates as signs of a comeback mount
ALIBABA Group Holding posted its fastest pace of revenue growth in more than a year, reflecting a turnaround in its commerce business and…
Culture
Alibaba says to partner with Apple on AI features, sending shares surging
The AI integration comes at a critical time for Apple, which has faced declining iPhone sales in China amid growing competition from…
Culture
Alibaba to partner with Apple on AI features, sending shares to 3-year high
ALIBABA will partner with Apple to support iPhones’ AI services offering in China, its chairman said on Thursday (Feb 13), a move likely…
Culture
Alibaba becomes China’s new AI darling with US$87 billion rally
THE frenzy over Chinese artificial intelligence is turning Alibaba Group Holding into an investor favourite again, injecting new life into…
Fashion
Alibaba touts new AI model superior to DeepSeek and Meta
ALIBABA Group Holding published benchmark scores and touted what it called world-leading performance with its new artificial intelligence…
Culture
TikTok, Alibaba push Indonesia e-commerce pioneer Bukalapak into retreat
INDONESIAN e-commerce pioneer Bukalapak.com will stop selling physical goods, underscoring the cut-throat competition in a market where…
Fashion
Alibaba to sell Sun Art to buyout firm DCP for HK$12.3 billion
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile…
Fashion
Alibaba to sell China’s Sun Art to buyout firm at big discount
ALIBABA Group Holding agreed to sell its shares in Sun Art Retail Group to private equity firm DCP Capital, unloading another high-profile…
Business
Alibaba's supermarket Freshippo records 9 straight months of profit, CEO says
Freshippo, Alibaba Group Holding's grocery chain known as Hema in its home market, was profitable for nine straight months in 2024, the…
Culture
Alibaba, E-Mart to create US$4 billion e-commerce JV in South Korea
Alibaba Group Holding agreed to merge its South Korean operations with E-Mart’s e-commerce platform to better compete in the country’s…
Fashion
Alibaba, BlackBerry among companies selling assets for peanuts after splurging billions buying them
COMPANIES that spent billions on poorly timed acquisitions in recent years are now offloading those assets at knockdown prices. Alibaba…
Fashion
Alibaba to sell department store chain Intime for 7.4 billion yuan
ALIBABA Group said on Tuesday that it will sell its department store unit Intime to a consortium comprising textiles firm Youngor Fashion…
Fashion
Alibaba integrates e-commerce platforms into a single business unit
ALIBABA Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business…
Fashion
Alibaba combines e-commerce arms to tackle growing competition
Alibaba Group will integrate its domestic Chinese and international e-commerce platforms into a single business unit run by one leader for…