Alibaba stock was lower Thursday after it announced a $1.7 billion deal to sell Sun Art, a hypermarket operator in China.

It competes with Alibaba and ByteDance in China's crowded cloud market. Tencent and Bytedance are also reportedly in talks with Apple to integrate their AI models into iPhones in China, according to a ...

Alibaba delivers initial price guidance on $5 billion dual-currency bond, term sheet shows November 19, 2024 China's biggest e-commerce company Alibaba Group is aiming to raise $5 billion in multi ...

Alibaba’s stock lost most of its momentum after the Chinese stimulus package failed to impress the market. The rising competition in the eCommerce field along with the rising macro risks make it ...

This stability amid China's deepening economic slowdown demonstrates the enduring strength of Alibaba's e-commerce ecosystem. The company has also introduced Tao, a cross-border e-commerce service ...

Alibaba Group ... Gala show, China’s most-watched event of the year, as the e-commerce giant reaches out to consumers to regain growth momentum. The Hangzhou-based company signed a deal with ...

according to company notices. Alibaba owns the South China Morning Post. The three companies are currently jostling to entice more skilled recruits to work in mainland China's fast-growing and ...

Alibaba BABA-N ... public appearance since China halted its planned IPO in 2020. Speaking on Sunday at the 20th anniversary celebration for Ant Group, which he also co-founded, Ma welcomed the ...