Alibaba

Sources: Apple held talks with Baidu, Alibaba, Baichuan AI, and others to help offer Apple Intelligence in China as ChatGPT isn't available in the country (www.wsj.com)
2024-6-20 China Alibaba AI Apple Intelligence

Ant Group spent a record ~$2.9B on research in 2023, as the Alibaba affiliate develops its BaiLing LLM; Ant and affiliate MYbank served 87M businesses by 2023 (www.bloomberg.com)
2024-6-13 Alibaba

Analysis: Temu and Pinduoduo parent PDD, whose shares are up 109% over the past year, has a ~$208B market cap, compared with Alibaba's $196B and JD.com's $48B (www.cnbc.com)
2024-5-29 Alibaba

Sources: Alibaba raised $4.5B from a convertible bond sale in one of the largest such offerings in recent years, after rival JD.com's recent $1.75B offering (www.bloomberg.com)
2024-5-24 Alibaba

Alibaba slashes prices for its AI services by up to 97%, leading Baidu to offer free Ernie AI-based services; ByteDance priced its services cheaply last week (www.bloomberg.com)
2024-5-21 Alibaba AI

Alibaba reports Q4 revenue up 6.6% YoY to ~$30.7B, above $30.4B est., a ~$452M net income, down 86% YoY from ~$3.2B in Q4 2023, and announces a $4B dividend (www.bloomberg.com)
2024-5-14 Alibaba 4Q

Sources: in recent months, China asked ByteDance, Tencent, Alibaba, Baidu, and others to cut back on Nvidia purchases in favor of chips made by local companies (www.theinformation.com)
2024-5-13 China Alibaba Tencent Nvidia

Alibaba leverages computing resources to become a leading AI investor in China; sources: cloud credits made up ~50% of Alibaba's $800M investment in Moonshot AI (t.co)
2024-5-12 China Alibaba AI

Meituan, Alibaba, Tencent, and other Chinese tech companies are working to expand in Saudi Arabia and the UAE, where they would face less political scrutiny (t.co)
2024-5-11 China Alibaba Arabia Tencent Saudi Arabia

Alibaba releases Qwen2.5, says its Qwen models are used by 90K+ companies; OpenCompass: Qwen2.5 beats GPT-4 in language, creation but not knowledge, reasoning (www.cnbc.com)
2024-5-10 Alibaba

Alibaba's Yitian 710 is the fastest Arm-based CPU for cloud servers, study claims (www.tomshardware.com)
2024-5-7 Cloud Alibaba

In a lengthy memo on Alibaba's internal forum, Jack Ma voiced his support for a company undergoing a turbulent restructuring, saying it is now on the right path (www.bloomberg.com)
2024-4-10 Jack Ma Alibaba

Alibaba cuts prices for cloud customers by 23% on average across ~500 cloud product specifications in 13 regions, seeking to fend off rivals and revive growth (www.bloomberg.com)
2024-4-8 Alibaba

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)
2024-3-26 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)
2024-3-14 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)
2024-3-11 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)
2024-3-5 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)
2024-3-1 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)
2024-2-29 China Alibaba

Alibaba staffer offers a glimpse into building LLMs in China (techcrunch.com)
2024-2-28 China Alibaba

Alibaba headlines record funding for $2.5 billion Chinese AI startup (readwrite.com)
2024-2-28 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)
2024-2-28 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

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