His disappearance came against the backdrop of a crackdown on leading technology companies by Chinese authorities. In late 2020, Alibaba founder Jack Ma also disappeared from public view for three months. Ma had been due to publicly list his digital payments firm Ant Financial - which would have most likely made him the richest man in China.

Alibaba has shuttered its quantum computing research lab, a sign that the Chinese e-commerce and cloud operator is considering more cutbacks to bulk up the bottom line.

The Alibaba co-founder, who has an estimated fortune of $33 billion, has largely kept a low profile since the Chinese government began a fierce crackdown on the tech sector more than two years ago.

Chinese technology giant Alibaba has announced plans to roll out its own artificial intelligence (AI) ChatGPT-style product called Tongyi Qianwen.

Jack Ma might be one of Beijing's best chances at repairing its reputation with the private sector in China and beyond. But the billionaire has been circumspect about invitations from authorities.

In late 2020, Alibaba founder Jack Ma also disappeared from public view for three months, after making comments critical of market regulators. Mr Bao's disappearance also comes after a series of cases of high-profile Chinese executives going missing as part of Chinese President Xi Jinping's anti-corruption campaign.

Chinese tech giant Alibaba Group cannot buy some of the most advanced chip designs after the SoftBank-owned British chip tech firm Arm determined that US and Britain would not approve licenses to export technology to China, the Financial Times reported on Wednesday.

The Biden administration is reviewing e-commerce giant Alibaba's cloud business to determine whether it poses a risk to US national security, according to three people briefed on the matter, as the government ramps up scrutiny of Chinese technology companies' dealings with US firms.

A consortium led by Alibaba Group has emerged as the frontrunner to take over Tsinghua Unigroup, a deal that could fetch more than CNY50 billion (US$7.8 billion) to help keep China's indebted chip champion afloat.

Few people could have predicted the downward spiral for Alibaba, when founder Jack Ma delivered a blunt criticism of China's financial system last October.

Tsinghua Unigroup has been forced into restructuring under China's bankruptcy law, kicking off a process that could pave the way for the introduction of strategic investors like Alibaba.

Alibaba Group and Chinese state-backed firms are weighing bids for a stake in Unisplendour, a cloud computing infrastructure firm, that could fetch as much as $7.7 billion, people familiar with the matter said.

Jack Ma is reportedly stepping down as the president of an elite business school he founded, suggesting a further retreat from public life by China's most prominent entrepreneur in the face of government pressure on the tech industry.

The regulators' moves show that under President Xi Jinping, nothing can be more powerful in the lives of ordinary Chinese than the Party.

The move is the latest in a chain of regulatory moves targeting the business empire of Jack Ma, who was a co-founder of both Ant Group and Alibaba.

Chinese tech giant Alibaba said on Monday that it accepted a record penalty imposed by the country's anti-monopoly regulator.

In a video posted on Chinese social media, Ma addressed rural teachers as part of one his charity foundation's initiatives.

Senior Trump administration officials had been mulling plans to add the tech giants to a list of firms with alleged Chinese military links

The shares of Alibaba and Tencent fell after a Wall Street Journal report said the Trump administration could be about to add the Chinese tech giants to a U.S. blacklist.

Alibaba founder Jack Ma is lying low, but not missing, CNBC's David Faber reported Tuesday, according to a person familiar with the matter.

Some see the move as a vengeful communist party lashing out at the company's outspoken founder Jack Ma. But analysts note that reforming the financial sector is a long-standing policy goal, and other companies could also end up in the crosshairs of regulators.

The State Administration for Market Regulation (SAMR) announced in a statement that it is investigating Alibaba Group for "suspicion of monopolistic conduct." This caused the stock of China's largest online trading platform to crash, whose value fell by more than $100 billion.

Chinese tech giant Alibaba is being investigated by regulators over monopolistic practices. China's State Administration for Market Regulation (SAMR) made the announcement on Thursday.

Alibaba, Tencent-backed China Literature, and Shenzhen Hive Box Technology were each fined 500,000 yuan ($76,463) by the State Administration for Market Regulation (SAMR).

Alibaba CEO Daniel Zhang has described plans by Chinese regulators to tighten restrictions on internet companies as "timely and necessary."

Hong Kong-listed shares of Alibaba plunged 8.86% by Wednesday afternoon in Asia, while Tencent dropped 5.38%. Smartphone maker Xiaomi also declined 5.73% and Meituan fell 7.47%. JD.com also saw its stock plummet 8.11%.

CTO Jeff Zhang said his company wants to make cloud technology accessible to everyone.

China's Alibaba Group has put on hold plans to invest in Indian companies, two sources aware of the plans told Reuters, amid souring business relations and rising political tension between the two nations after a clash on their Himalayan border.

China's economy has bounced back from the Covid-19 outbreak in China's Wuhan province. That's great news for Alibaba, the e-commerce and cloud giant. But the company also acknowledged the threat of being caught up in the burgeoning trade war between the United States and China.

U.S. President Donald Trump said on Saturday he could exert pressure on more Chinese companies such as technology giant Alibaba after he moved to ban TikTok.

The top Chinese brands remain Alibaba, Baidu and Xiaomi, which make up more than 90 per cent of the country's smart speaker market

Alibaba said it will invest 200 billion yuan ($28 billion) in its cloud infrastructure over three years - a plan that follows a boom in demand for business software as the coronavirus outbreak peaked in China.

Chinese billionaire and Alibaba co-founder Jack Ma said he will donate 500,000 coronavirus testing kits and one million face masks to the United States.

Alibaba had a great quarter to close out 2019, with strong gains in revenue and earnings that topped analysts' forecasts.

Google, Alibaba and other "Big Tech" companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.

Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing, pricing its shares at a 2.8% discount to their last closing price in New York, two sources with direct knowledge of the matter said.

Alibaba Group Holding Inc co-founder Jack Ma said on Wednesday results from the Singles' Day annual online shopping festival had missed the Chinese e-commerce giant's expectations.

Chinese e-commerce giant Alibaba Group Holding on Monday said sales for its annual Singles' Day shopping blitz hit 158.31 billion yuan ($22.63 billion) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year.

In late September, electronics distributor Avnet Inc. formed an alliance with e-commerce giant Alibaba Group to boost its online capabilities in China. E-commerce shopping sites such as Amazon and Alibaba, which sell electronic devices and components, are considered distribution's competitors. The announcement stirred up a lot of interest in the electronics industry.

Alibaba unveiled its first chip to power artificial intelligence (AI) processes called the Hanguang 800.