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GroupM: global ad industry revenue will hit $1T for the first time in 2024; Google, Meta, ByteDance, Amazon, and Alibaba are expected to earn 50%+ of the total
(
www.ft.com
)
2024-12-9
Google
Amazon
Alibaba
Alibaba releases QwQ-32B-Preview under an Apache 2.0 license and claims the “reasoning” AI model beats OpenAI's o1 models on the AIME and MATH tests
(
techcrunch.com
)
2024-11-28
Alibaba
AI
Mathematics
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
)
2024-11-21
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
)
2024-11-19
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
)
2024-11-15
Alibaba
Equity
Tencent reports Q3 revenue up 8% YoY to ~$23.9B and net income up 20% YoY to ~$7.4B, vs. ~$6.2B est., buoyed by Dungeon & Fighter Mobile and Black Myth: Wukong
(
www.bloomberg.com
)
2024-11-13
Mobile
Tencent
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
)
2024-11-12
China
Alibaba
Xiaomi
Tencent partners with Visa to launch a palm biometric authentication payment service at stores and restaurants in Singapore, its first expansion outside China
(
t.co
)
2024-11-9
China
Tencent
Singapore
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
)
2024-11-5
China
Alibaba
AI
chatbot
Naspers and Prosus CEO Fabricio Bloisi says he is overhauling corporate culture and pay structures in search of growth beyond Prosus' stake in Tencent
(
t.co
)
2024-10-28
Tencent
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
)
2024-10-27
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
Ubisoft shares jump following reports of Tencent, Guillemot family considering buyout
(
indianexpress.com
)
2024-10-6
Tencent
Tencent, Guillemot Family Mull Ubisoft Buyout Amid Share Slump
(
slashdot.org
)
2024-10-5
Tencent
Sources: Tencent and Ubisoft's founding Guillemot family are considering options including a buyout of Ubisoft after it lost 50%+ of its market value this year
(
www.bloomberg.com
)
2024-10-5
Tencent
Sources: Tencent is the unidentified shareholder that raised about $206M after selling Chinese brokerage-platform Futu's American depositary shares
(
www.bloomberg.com
)
2024-9-27
China
U.S.
Tencent
A look at Chinese PE firm CSC Group, which has stakes in 360 US tech startups via Hone Capital that is reportedly under an FBI probe over IP transfers to China
(
t.co
)
2024-9-26
China
Startup
FBI
Qihoo
Sources: the FBI is investigating whether China-backed Hone Capital, a US VC firm that invested in 360 US tech startups, allowed Beijing to obtain trade secrets
(
t.co
)
2024-9-25
China
Startup
FBI
Qihoo
Mumbai-based Qure.AI, which uses AI to help identify and manage critical diseases at 3K+ imaging sites, raised a $65M Series D led by Lightspeed and 360 ONE
(
www.bloomberg.com
)
2024-9-23
AI
Qihoo
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
Sources: Apple approves a WeChat update for iOS, as talks continue with Tencent to offer IAP and block links to external payment services in mini games
(
www.bloomberg.com
)
2024-9-6
IOS
Apple
WeChat
Tencent
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
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