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Filing: Alibaba calls off a Hong Kong IPO for its Cainiao logistics arm, and now plans to buy out all remaining stock held by investors and employees for $3.75B
(
www.bloomberg.com
)
2 days ago
Hong Kong
IPO
Alibaba
Logistics
The EU opens a formal DSA investigation into Alibaba's AliExpress over illegal content concerns, product recommendations, and more, the third DSA investigation
(
www.cnbc.com
)
14 days ago
Alibaba
Internal memo: Alibaba plans to roll out a new staff incentive plan on April 1 that combines equity with cash, a significant change to attract and retain talent
(
www.bloomberg.com
)
17 days ago
Alibaba
Equity
Sources: Chinese AI startup MiniMax raised $600M+ led by Alibaba at a $2.5B+ valuation; the round remains in progress and HongShan has committed funds
(
www.bloomberg.com
)
23 days ago
China
Alibaba
Startup
AI
Alibaba researchers detail EMO, or Emote Portrait Alive, an AI system that can create realistic talking and singing videos from portrait photos
(
venturebeat.com
)
28 days ago
Alibaba
AI
Alibaba is cutting prices for over 100 core cloud products in China by up to 55%, and 20% on average, including data storage and elastic computing products
(
www.bloomberg.com
)
28 days ago
China
Alibaba
Alibaba staffer offers a glimpse into building LLMs in China
(
techcrunch.com
)
29 days ago
China
Alibaba
Alibaba headlines record funding for $2.5 billion Chinese AI startup
(
readwrite.com
)
29 days ago
China
Alibaba
Startup
AI
In amended filings, Alibaba discloses previously unknown stakes by the Chinese government in more than 12 of its business entities, following a US SEC inquiry
(
www.bloomberg.com
)
29 days ago
China
Alibaba
Beijing-based Moonshot AI, which launched its AI chatbot Kimi Chat in October 2023, raised $1B+ led by Alibaba and HongShan, reportedly at a ~$2.5B valuation
(
www.scmp.com
)
2024-2-21
Alibaba
AI
chatbot
Sources: Saudi Arabia is mandating that Alibaba, SenseTime, and other Chinese tech companies invest in the kingdom and share expertise to secure huge deals
(
t.co
)
2024-2-20
China
Alibaba
Arabia
Saudi Arabia
Alibaba faces reckoning with once-vaunted ‘new retail' strategy
(
techcrunch.com
)
2024-2-16
Retail
Alibaba
Chinese factories that transformed rural communities by selling goods on Alibaba's Taobao and Tmall are turning to rival platforms like Pinduoduo to stay afloat
(
t.co
)
2024-2-14
China
Alibaba
Alibaba Reduced Headcount by a Further 20,000 in 2023
(
slashdot.org
)
2024-2-8
Alibaba
Alibaba cut ~20K staff during 2023, ending December with 219,260 employees, after cutting roughly the same number in 2022, and bought $9.5B of its stock in 2023
(
www.bloomberg.com
)
2024-2-8
Alibaba
Alibaba reports Q3 revenue up 5% YoY to ~$36.7B, net income down to ~$2B, Taobao and Tmall Group revenue up 2% YoY to ~$18B, and plans a $25B share buyback
(
www.bloomberg.com
)
2024-2-7
Alibaba
Xianyu, Alibaba's online second-hand goods trading platform that claims to have 500M+ users, is opening its first bricks-and-mortar store in Hangzhou, China
(
www.scmp.com
)
2024-1-24
China
Alibaba
Sources: Jack Ma and Joe Tsai become Alibaba's largest shareholders after buying shares worth ~$50M and ~$150M, respectively, in Q4, together eclipsing SoftBank
(
www.scmp.com
)
2024-1-24
Jack Ma
Alibaba
4Q
Knockoff Iranian Drone Sold on Alibaba Was Meant for War, Documents Show
(
www.vice.com
)
2024-1-19
Alibaba
Drone
Iran
Meituan's stock dips below its 2018 IPO price, closing 85% down from an all-time high; Alibaba and Tencent are down 78% and 60%+ respectively from their peaks
(
www.bloomberg.com
)
2024-1-18
IPO
Alibaba
Tencent
Former Finance Minister of Greece, Yanis Varoufakis, explaining how market platforms like Amazon and Alibaba are outside of Capitalism and the Free Markets. They've created Digital Fiefdoms
(
v.redd.it
)
2024-1-16
Amazon
Alibaba
Greece
Sources: Alibaba, Tencent, Baidu, and ByteDance aren't keen on buying Nvidia's lower-powered AI chips and are shifting some orders to Huawei's China-made chips
(
www.wsj.com
)
2024-1-7
China
Alibaba
AI
Tencent
Nvidia
Alibaba-backed Chinese lidar maker RoboSense raised $126.14M in its Hong Kong IPO by offering 22.9M shares at HK$43 each, with the stock falling 2% on its debut
(
www.cnbc.com
)
2024-1-6
China
Hong Kong
IPO
Alibaba
Employees, sources, and experts describe crisis at Alibaba as the company struggles to chart a new course and an ambitious restructuring did not go as planned
(
t.co
)
2024-1-2
Alibaba
Chinese e-commerce giant JD.com wins landmark antimonopoly lawsuit against Alibaba
(
readwrite.com
)
2023-12-30
China
Alibaba
JD.com says a Beijing court fined Alibaba ~$141M after finding that Alibaba's Tmall adopted monopolistic practices known as “choosing one from two”
(
www.reuters.com
)
2023-12-29
Alibaba
Alibaba replaces its e-commerce business head Trudy Dai with CEO Eddie Wu; Dai, one of Alibaba's earliest employees, will now help oversee non-core assets
(
www.bloomberg.com
)
2023-12-20
Alibaba
Asset
A look at Alibaba's decline since China halted Ant's IPO in 2020, losing its online shopping dominance to rival PDD last week, and roadblocks in revival plans
(
www.wsj.com
)
2023-12-9
China
IPO
Alibaba
Alibaba's paper on its Animate Anyone AI model went viral as users saw how the model could replace TikTok influencers and that it's trained on TikTokers' videos
(
www.404media.co
)
2023-12-6
Alibaba
AI
Alibaba abandons cloud division spinoff plan
(
readwrite.com
)
2023-12-2
Alibaba
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