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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
'Every great company is born in a winter': Jack Ma stuns Alibaba employees with memo calling for firm he co-founded to 'correct its course'
(
fortune.com
)
2023-12-1
Jack Ma
Alibaba
As Temu shakes up global ecommerce, PDD nears overtaking Alibaba
(
techcrunch.com
)
2023-12-1
Alibaba
Sources: Jack Ma praised PDD Holdings while urging Alibaba to change and “correct its course”, in a rare reply to a staff post on Alibaba's internal forum
(
www.bloomberg.com
)
2023-11-29
Jack Ma
Alibaba
Alibaba's research arm shuts quantum computing lab amid restructuring
(
www.reuters.com
)
2023-11-28
Alibaba
Quantum
Alibaba shutters its quantum computing research lab, donating the equipment to Zhejiang University, a sign of broader cutbacks, and revamps its cloud unit
(
www.bloomberg.com
)
2023-11-27
Alibaba
Quantum
Alibaba overhauls its cloud computing unit, with an emphasis on public cloud, hybrid cloud, and cloud infrastructure divisions, after scrapping the unit's IPO
(
www.cnbc.com
)
2023-11-25
IPO
Alibaba
Internal Alibaba memo: Jack Ma has not yet sold any Alibaba stock due to the price not reaching his desired level; Ma planned to sell 10M shares for ~$870M
(
www.bloomberg.com
)
2023-11-22
Jack Ma
Alibaba
Chinese Big Tech shares plunge following Alibaba's big drop
(
www.rt.com
)
2023-11-19
China
Alibaba
Alibaba shares collapse after cloud service spinoff cancelled
(
techxplore.com
)
2023-11-17
Alibaba
Alibaba's market value drops to $201B, about half of Tencent's $391B, as it faces sluggish demand and increased competition; Alibaba was valued at $850B in 2020
(
www.bloomberg.com
)
2023-11-17
Alibaba
Tencent
Alibaba Cancels Cloud Spinoff, Blames US Chip Sanctions
(
slashdot.org
)
2023-11-17
Alibaba
Alibaba scraps cloud business spin-off citing US chip curbs
(
www.reuters.com
)
2023-11-17
Alibaba
Alibaba reports Q2 revenue up 9% YoY to ~$31B, beating ~$30.9B est., a ~$3.8B net income, up from a ~$3B loss in Q2 2022, and calls off its cloud spinoff
(
www.bloomberg.com
)
2023-11-16
Alibaba
Alibaba filing: Jack Ma's family trust plans to sell 10M American Depository Shares of Alibaba for around $871M; BABA drops 8%+
(
www.reuters.com
)
2023-11-16
U.S.
Jack Ma
Alibaba
Alibaba and JD.com reported YoY sales increases for Singles Day, but neither company provided overall revenue figures for the event for the second straight year
(
www.bloomberg.com
)
2023-11-12
Alibaba
Sources: Alibaba is pressuring Tmall and Taobao merchants to offer rock-bottom prices during Singles Day, which ends on November 11, or risk losing traffic
(
www.reuters.com
)
2023-10-31
Alibaba
Alibaba unveils Tongyi Qianwen 2 LLM with “hundreds of billions of” parameters and 8 industry-specific models for entertainment, finance, healthcare, and legal
(
www.reuters.com
)
2023-10-31
Alibaba
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