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Alibaba Group is readying a $7 billion boost for its delivery and shopping platforms amid stiff competition in China. The tech giant said Wednesday that it will offer 50 billion yuan, or about $6. ...
Wang Jian, the founder of Alibaba's powerful cloud computing unit, gave an extended interview to Bloomberg that was posted on ...
Chinese tech giant Alibaba Group is seeking to raise around HK$12 billion ($1.53 billion) through exchangeable bonds to boost investments in its cloud infrastructure and global commerce operations, ...
Alibaba shares jumped on Thursday after the Chinese titan posted a sharp profit hike in the December quarter amid strength in its Cloud Intelligence unit and e-commerce segment. Alibaba said net ...
Alibaba merges domestic and global e-commerce into a unified unit, led by Jiang Fan, to streamline operations and enhance growth. International e-commerce revenue surged 29% YoY, while Taobao and ...
Alibaba 9988 2.93 % increase; green up pointing triangle Group is folding its food-delivery and online-travel services into its core e-commerce unit, streamlining operations in the face of ever ...
The cloud unit’s revenue growth accelerated to more than 7%, suggesting it’s beginning to claw back market share lost to state rivals. Alibaba’s shares fell as much as 3.7% in New York trading.
Alibaba Group announced a major restructuring of its e-commerce business on Thursday, consolidating its domestic and international operations into a single e-commerce division. CEO Eddie Wu, in an ...
Chinese e-commerce giant Alibaba Group Holding Ltd <BABA.N> is investing about S$279 million ($205.98 million) to expand its holdings in Singapore Post Ltd (SingPost) <SPOS.SI> and its e-commerce ...
Discover Alibaba's strategic move combining online travel & food delivery into an e ... travel agency platforms with e-commerce unit. Jun. 23, 2025 8:57 AM ET Alibaba Group Holding Limited ...
Alibaba Group Holding has set up a new “digital technology” company under its main e-commerce unit, Taobao and Tmall Group (TTG), with a registered capital base of 10 million yuan (US$1.4 ...
Shares of Chinese e-commerce giant Alibaba rose in premarket trade after reports it’s partnering with Apple to roll out artificial-intelligence features for phones sold in China.