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

Alibaba Group Holding Ltd. agreed to sell its shares in Sun Art Retail Group Ltd. to private equity firm DCP Capital, ...

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 ...

The latter will always be preferred, and Alibaba is currently the most technologically advanced in China. According to the company's claims, its Qwen Max 2.5-Max language model has outperformed ...

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 ...

The move is a demonstration of how competition among ... the first time Alibaba has announced price cuts to incentivize businesses to use its AI products. In February, the company announced ...

Alibaba Cloud, the cloud computing arm of Alibaba Group Holding, has given users of its visual reasoning artificial intelligence (AI) model a new year’s gift by cutting prices up to 85 per cent ...

The company last month ... up competition with Alibaba by targeting cost-conscious shoppers with rock-bottom prices on everything from headphones to sweaters. China's challenging consumer ...

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 ...

The Cloud segment includes Alibaba Cloud and DingTalk. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.

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 ...