Alibaba

Alibaba appoints Jiang Fan its new e-commerce chief in an overhaul of the struggling business; Jiang was demoted in 2020 after allegations of improper conduct (www.bloomberg.com)
1 day ago Alibaba

Sources: Alibaba, ByteDance, and Meituan have been expanding their AI teams in Silicon Valley in recent months, despite US efforts to stymie Chinese companies (t.co)
3 days ago China Alibaba AI

Alibaba reports Q2 revenue up 5% YoY to ~$32.4B, below ~$32.7B est., and net income up 58% YoY to ~$6.07B due to the performance of its equity investments (www.cnbc.com)
7 days ago Alibaba Equity

Alibaba, JD, and Xiaomi report Singles' Day sales numbers they say make the shopping event one of the most productive yet, as China's economy continues to sag (www.bloomberg.com)
10 days ago China Alibaba Xiaomi

AppGrowing: in Q3, Moonshot, Zhipu, ByteDance, Alibaba, and other Chinese AI companies spent ~$70.2M to promote their AI chatbots, as the market gets crowded (www.scmp.com)
17 days ago China Alibaba AI chatbot

Alibaba agrees to a $443.5M settlement in a US shareholder lawsuit alleging that Alibaba hurt investors by making misstatements about its exclusivity practices (www.wsj.com)
27 days ago Alibaba

LatticeFlow's LLM Checker, which analyzed models from Meta, Alibaba, Mistral, Anthropic, and OpenAI against the EU's AI Act, finds some compliance issues (www.reuters.com)
2024-10-16 Alibaba AI

Filing: Chinese smart-driving company Horizon Robotics is targeting to raise ~$700M in its Hong Kong IPO; Alibaba and Baidu are among its cornerstone investors (www.wsj.com)
2024-10-16 China Hong Kong IPO Alibaba Robot

Alibaba accelerates AI push by releasing new open-source models, text-to-video (indianexpress.com)
2024-9-20 Alibaba AI

Alibaba releases 100+ open-source models from its Qwen 2.5 family, its LLM released in May 2024, ranging from 0.5B to 72B parameters, and text-to-video AI tech (www.reuters.com)
2024-9-19 Alibaba AI

GoTo signs a five-year cloud infrastructure deal with Alibaba, which has agreed to not sell down its 7.5% stake in GoTo any further for the duration of the deal (www.bloomberg.com)
2024-9-18 Alibaba

Q&A with Alibaba.com president Kuo Zhang on the enduring importance of the US market, navigating geopolitical tensions, competing with Shein and Temu, and more (restofworld.org)
2024-9-13 Alibaba

In a memo to commemorate Alibaba's 25th anniversary, Jack Ma said the competition will make the company stronger, urging trust “in the power of market forces” (www.wsj.com)
2024-9-11 Jack Ma Alibaba

Alibaba Now Sells a $200,000 Diamond-Making Machine (news.slashdot.org)
2024-9-11 Alibaba

Alibaba's stock rises 5%+ after being made directly accessible to mainland China investors for the first time, following an upgrade to Hong Kong primary listing (t.co)
2024-9-10 China Hong Kong Alibaba

Alibaba will let shoppers check out via Tencent's WeChat Pay on its Taobao and Tmall shopping platforms, as Chinese government crackdown on Alibaba ends (www.bloomberg.com)
2024-9-4 China Alibaba WeChat Tencent

China's top antitrust regulator says it has seen “effective results” that Alibaba has ceased the monopolistic practices that prompted an investigation in 2020 (www.bloomberg.com)
2024-8-30 China Alibaba

Alibaba releases Qwen2-VL, a new AI model that it says can analyze videos longer than 20 minutes to summarize and answer questions about the videos' content (venturebeat.com)
2024-8-30 Alibaba AI

Chinese tech giants splurge on AI infrastructure, doubling their capex in 2024; Alibaba, Tencent, and Baidu had a combined ~$7B capex in H1 2024, up 117%+ YoY (www.ft.com)
2024-8-29 China Alibaba AI Tencent

Chinese tech giants splurge on AI infrastructure, doubling their 2024 capex; Alibaba, Tencent, and Baidu had a combined capex of ~$7B in H1 2024, up 50%+ YoY (t.co)
2024-8-26 China Alibaba AI Tencent

Shareholders approve upgrading Alibaba's Hong Kong listing, which expects to attract billions of dollars in Chinese investment, to primary status on August 28 (www.bloomberg.com)
2024-8-23 China Hong Kong Alibaba

Since 2023, Chinese investors, including Alibaba and Tencent, have valued 6+ China-based startups developing LLMs, dubbed “Little AI Dragons”, at $1B+ each (www.wsj.com)
2024-8-21 China Alibaba Startup AI Tencent

Alibaba reports Q1 revenue up 4% YoY to ~$34B, below ~$34.9B est., and net income down 27% YoY to ~$3.4B, after aggressive promotions failed to drive spending (www.bloomberg.com)
2024-8-15 Alibaba

Sources: Chinese generative AI startup Moonshot raised $300M+ at a $3.3B valuation from Tencent, Alibaba, and others, after raising $1B in February 2024 (www.bloomberg.com)
2024-8-5 China Alibaba Startup AI Tencent

Beijing-based AI startup Baichuan raised about $687M at a $2.8B valuation from investors, including Beijing, Shanghai, and Shenzhen governments, and Alibaba (www.bloomberg.com)
2024-7-25 Alibaba Startup AI Shenzhen Shanghai

In an effort to compete with Shein and Temu, Alibaba's Taobao and Tmall offer qualified merchants, selling goods in the fashion category, free overseas shipping (www.scmp.com)
2024-7-24 Alibaba

Hugging Face unveils Open LLM leaderboard v2 that tests models across six benchmarks; Chinese models dominate the top 10 with Alibaba's Qwen taking the top spot (www.tomshardware.com)
2024-6-29 China Alibaba

As tech companies grapple with the limited availability of Nvidia chips globally, Chinese companies like Alibaba face a tougher situation due to US restrictions (www.theinformation.com)
2024-6-28 China Alibaba Nvidia

Alibaba creates an English language version of Modelscope, an Amazon Bedrock like service for building AI models launched in 2022, and claims to host 5K+ models (www.theregister.com)
2024-6-25 Amazon Alibaba AI

Data provider Syntun: total GMV during China's 618 online shopping event fell 7% YoY to $102B, in first-ever drop; Alibaba, JD, and PDD didn't release GMV data (t.co)
2024-6-22 China Alibaba

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