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All Stories: Alibaba

China’s Rise in Tech: Huawei, Alibaba, DeepSeek, and the Challenge to US Giants

China's meteoric rise in the global technology landscape has transformed the industry, as Huawei, Alibaba, and new players such as DeepSeek move up the...

Alibaba releases AI model it says surpasses DeepSeek

BEIJING: Chinese tech company Alibaba on Wednesday released a new version of its Qwen 2.5 artificial intelligence model that it claimed surpassed the highly-acclaimed...

Qwen2.5-Max: Alibaba releases AI model it says surpasses DeepSeek

Chinese tech company Alibaba on Wednesday released Qwen2.5-Max, a new version of its artificial intelligence (AI) model that it claimed surpassed the highly-acclaimed DeepSeek-V3. The...

Alibaba to sell China department store chain Intime

Alibaba Group said on Tuesday it would sell its Chinese department store unit Intime and book a $1.3 billion loss from the deal, as...

Alibaba to pay $433.5 million to settle shareholder lawsuit

China's Alibaba said on Friday it had agreed to pay $433.5 million to settle a U.S. class-action lawsuit filed by investors alleging monopolistic practices...

Alibaba announces unexpected 14% increase in quarterly revenue

BEIJING: Chinese e-commerce giant Alibaba announced an unexpected 14 percent on-year increase in quarterly sales Thursday, despite an economic slowdown in the country fuelled...

Chinese tech giant Alibaba names next CEO

BEIJING: Chinese tech giant Alibaba said Tuesday it will replace its top boss in a surprise move at the e-commerce titan as it looks...

Alibaba to roll out generative AI across apps

Alibaba Group Holding on Tuesday showed off its generative AI model - its version of the tech that powers chatbot sensation ChatGPT - and...

Alibaba invites businesses to trial AI chatbot

Tech giant Alibaba is seeking companies to test its Tongyi Qianwen AI chatbot, business publication STAR Market Daily reported on Friday, joining the rush...

Alibaba to split into six units

Alibaba Group Holding is planning to split its business into six main units covering e-commerce, media and the cloud, the company said on Tuesday,...

Chinese tech firms working on ChatGPT-style technology

The global buzz around Microsoft chatbot ChatGPT has spread to China, shoring up stocks in artificial intelligence (AI) related firms and prompting a flurry of...

Alibaba developing ChatGPT-style AI tool

Alibaba on Wednesday confirmed it is developing a ChatGPT style AI tool which is currently in internal testing. ChatGPT - which can generate articles, essays,...

Alibaba plans $1 billion investment in Turkey

Chinese e-commerce giant Alibaba Group is planning a logistics hub at Istanbul Airport and a data centre near the Turkish capital Ankara with an...

China fines Alibaba, Tencent for disclosure violations

China has imposed fines on technology giants Alibaba and Tencent, as well as a range of other firms for failing to comply with anti-monopoly...

Alibaba stock falls, then recovers, after state media report

Alibaba shares fell as much as 9% on Tuesday after a state media report that Chinese authorities had taken action against an individual surnamed...

Alibaba apps start offering WeChat Pay option

China's Alibaba has begun offering payment services from Tencent's WeChat on a number of its apps, after the government ordered major tech firms to...

Alibaba to shut down Xiami music app

“It’s hard to say goodbye after being with you for 12 years.”

China launches antitrust probe into Alibaba

China has launched an antitrust investigation into Alibaba Group and will summon the tech giant’s Ant Group affiliate to meet in coming days, regulators said

Gucci joins Alibaba’s luxury e-commerce site

Gucci, the profit engine of French group Kering, is one of the most prized names to join the Tmall Luxury Pavilion platform

Indonesia plans fixed fees for e-wallet transactions

Bank Indonesia has already held talks with the biggest digital-payment startups to make fees on QR code transactions uniform, the people said
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