Honor's focus on high-end devices and technology is expected to continue under Jian Li, who will succeed Zhao as CEO.
Alibaba's recent strong quarter, focusing on efficiency and shareholder returns, makes it a buy despite macroeconomic challenges in China. Read more on BABA here.
Alibaba's Q2 results show 5% ... and profitable as a company such as AMZN despite dealing with the macro headwinds in China. So there's few arguments why BABA shouldn't trade at a premium compared ...
The frugal trend that began in China during the economic disruption ... she has built up a following of more than 500,000 people. Alibaba co-founder Jack Ma voiced confidence in its affiliate ...
ALBAWABA – Alibaba, the Chinese multinational technology company specializing in e-commerce ... and omni-channel e-commerce businesses in China, for approximately $1.6 billion.
Alibaba is offering the price cuts on its visual language model, Qwen-VL, which is designed to perceive and understand both ...
Alibaba Group Holding Ltd. agreed to sell its ... commerce asset at a discount to focus on its core online business. China’s e-commerce pioneer expects gross proceeds of up to HK$12.3 billion ...
Alibaba owns the South China Morning Post. This marks Alibaba's second major divestment of a bricks-and-mortar business. In December, the company sold its entire stake in department store chain ...
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 will incur about $3 billion of losses from the disposal of non-core retail assets including Sun Art, we calculate. The sale of the grocer at a 0.6x price-to-net asset valuation trails ...