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In a letter to staff, CEO Eddie Wu says Alibaba is merging its food delivery platform Ele.me and online travel agency Fliggy into its core e-commerce business
(
www.scmp.com
)
1 day ago
Alibaba
How JD.com is taking on China's food-delivery duopoly with viral stunts, low commissions, and deep discounts, prompting Meituan and Alibaba's Ele.me to respond
(
www.bloomberg.com
)
6 days ago
China
Alibaba
Sources: Tencent is in early talks to acquire Nexon, the South Korean gaming giant behind Dungeon & Fighter Mobile; Tencent pursued a Nexon acquisition in 2019
(
www.bloomberg.com
)
13 days ago
Korea
Mobile
Tencent
Tencent Music agrees to buy podcasting startup Ximalaya for $1.3B in cash, plus some stock, in a bid to become China's Spotify; Ximalaya had 303M MAUs in 2023
(
www.bloomberg.com
)
16 days ago
China
Startup
Tencent
Spotify
Alibaba, Tencent, and other Chinese AI companies temporarily disabled chatbot functions like image recognition during China's annual college entrance exams
(
www.bloomberg.com
)
17 days ago
China
Alibaba
AI
chatbot
Tencent
Sources: Apple and Alibaba's AI rollout in China is being held up by the Cyberspace Administration of China, which has approved 300+ domestic AI models so far
(
t.co
)
22 days ago
China
Alibaba
AI
Apple
Sources say Alibaba, Tencent, Baidu, and other Chinese companies are testing domestic alternatives as they deal with a dwindling stockpile of Nvidia processors
(
t.co
)
27 days ago
China
Alibaba
Tencent
Nvidia
Amap, Alibaba's mapping and local services business, introduces a ride-hailing feature on the app's English version, targeting foreign visitors in China
(
www.scmp.com
)
2025-5-25
China
Alibaba
Zhejiang, home to Alibaba and DeepSeek, publishes an AI policy that expects companies in the AI supply chain to make $138B+ in total operating revenues by 2027
(
www.scmp.com
)
2025-5-21
Alibaba
AI
Sources: White House and lawmakers are scrutinizing Apple's plan to use Alibaba's AI on iPhones in China, over concerns about data sharing, censorship, and more
(
www.nytimes.com
)
2025-5-17
China
Alibaba
AI
Apple
Alibaba reports Q1 revenue up 7% YoY to ~$32.8B, below $33B est., and net income up 200%+ to ~$1.7B due to equity investment gains; BABA drops 5%+
(
www.bloomberg.com
)
2025-5-15
Alibaba
Equity
Tencent reports Q1 revenue up 13% YoY to ~$25B, above ~$24.3B est., net profit up 14% YoY to ~$6.6B, below ~$7.3B est., driven by gaming business growth
(
www.cnbc.com
)
2025-5-14
Tencent
Chinese drone company DJI unveils the €2,099 Mavic 4 Pro with a 360° rotating gimbal, and says it won't be available in the US at launch, a first for its drones
(
www.theverge.com
)
2025-5-13
China
Drone
Qihoo
SoftBank reports Q4 net profit up 124% YoY to ~$3.5B, a surprise profit and above a ~$182M loss est., due to improving valuations of Alibaba, T-Mobile, and more
(
t.co
)
2025-5-13
Mobile
Alibaba
4Q
Alibaba's ZeroSearch Teaches AI To Search Without Search Engines, Cuts Training Costs By 88%
(
slashdot.org
)
2025-5-9
Alibaba
AI
Alibaba researchers detail ZeroSearch, a technique allowing LLMs to develop advanced search capabilities via simulation, claiming it cuts costs by up to 88%
(
venturebeat.com
)
2025-5-9
Alibaba
Alibaba partners with RedNote, also known as Xiaohongshu, to allow users on RedNote to directly click on product links to shop on Alibaba's Taobao platform
(
www.reuters.com
)
2025-5-8
Alibaba
Sources: Nvidia told ByteDance, Alibaba, Tencent, and others that it is tweaking its AI chips so they can be sold in China without breaching US export rules
(
www.theinformation.com
)
2025-5-2
China
Alibaba
AI
Tencent
Nvidia
Alibaba releases Qwen2.5-Omni-3B, a scaled-down 3B-parameter variant of its flagship 7B-parameter multimodal model, designed to run on consumer PCs and laptops
(
venturebeat.com
)
2025-5-1
Alibaba
DeepSeek quietly open-sources Prover-V2 AI, a math-focused, 671B-parameter model using mixture-of-experts, on Hugging Face, one day after Alibaba released Qwen3
(
www.scmp.com
)
2025-4-30
Alibaba
AI
Mathematics
Alibaba unveils the Qwen3 family of open-weight “hybrid” AI reasoning models, including Qwen3-235B-A22B, with 235B total parameters and 22B activated parameters
(
techcrunch.com
)
2025-4-29
Alibaba
AI
Baidu rolls out Ernie 4.5 Turbo and X1 Turbo, new versions of its flagship foundation and reasoning models, as it looks to take on Alibaba's Qwen and DeepSeek
(
www.bloomberg.com
)
2025-4-26
Alibaba
Sources: Tencent Music is in advanced talks to buy Chinese podcasting startup Ximalaya in a $2.4B deal
(
www.bloomberg.com
)
2025-4-26
China
Startup
Tencent
Source: ByteDance, Alibaba, and Tencent asked Nvidia to ship ~1M H20s, ideally by the end of May, but the actual number delivered fell short due to new US curbs
(
asia.nikkei.com
)
2025-4-23
Alibaba
Tencent
Nvidia
Alibaba's AI assistant Quark surpassed ByteDance's Doubao to become China's most popular AI app in March, with ~150M and ~100M MAUs globally, respectively
(
www.scmp.com
)
2025-4-13
China
Alibaba
AI
Sources: ByteDance, Alibaba, Tencent, and other Chinese companies placed $16B+ in orders for Nvidia's H20 chips in Q1 2025, ahead of a potential US sales ban
(
www.theinformation.com
)
2025-4-3
China
Alibaba
Tencent
Ban
Nvidia
TTP: Apple's and Google's app stores host popular “private browsing” apps operated by Shanghai-listed Qihoo 360, sanctioned by the US in 2020 for military ties
(
t.co
)
2025-4-2
Google
Apple
Shanghai
Qihoo
Ubisoft Spins Out Subsidiary With a Billion-Dollar Investment From Tencent
(
slashdot.org
)
2025-3-28
Tencent
Ubisoft carves out a unit, which includes Assassin's Creed, into a ~€4B subsidiary; Tencent will invest €1.16B to acquire a 25% stake in the new entity
(
www.bloomberg.com
)
2025-3-28
Tencent
Alibaba releases open-source multimodal AI model Qwen2.5-Omni-7B on Hugging Face and GitHub, saying the model can be deployed on edge devices like smartphones
(
www.cnbc.com
)
2025-3-27
Alibaba
AI
GitHub
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