The top Chinese brands remain Alibaba, Baidu and Xiaomi, which make up more than 90 per cent of the country's smart speaker market
South China Morning Post
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.
Jack Ma steps down as the chairman of Alibaba's board on September 10.
Alibaba said Friday it will acquire a cross-border e-commerce business unit, Kaola, from the Nasdaq-listed Chinese internet company NetEase for about $2 billion.
China's central bank will launch a state-backed cryptocurrency and issue it to seven institutions in the coming months, according to a former employee of one of the institutions who is now an independent researcher.
China's biggest e-commerce company Alibaba Group Holding has delayed its up to $15 billion listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters.
Alibaba said Tuesday it is opening up the Alibaba.com platform, allowing American companies to sell their products to small- and mid-sized business buyers around the world.
Alibaba is considering raising as much as $20 billion through a secondary listing in Hong Kong.
Infinity Augmented Reality, an Israeli startup, has been acquired by Alibaba, the companies announced this weekend.
Alibaba said on Wednesday it has signed an agreement with the Belgium government to launch an e-commerce trade hub, which will include investments in logistics infrastructure.
Alibaba has a trio of new partners in Russia.
Chinese e-commerce giants such as JD and Alibaba are currently trialing blockchain to perfect their huge supply chains. The AI blockchain combo also has a bright future in market analysis and forecasting.
Chinese retailer and cloud infrastructure provider Alibaba is the latest company to think up its own design for processors that can run artificial intelligence software. It joins a crowded roster of companies already working on similar custom designs, including Alphabet, Facebook and Apple.
China's Alibaba Group has been testing its own autonomous vehicle technology, the South China Morning Post reports, and is looking to hire an additional 50 self-driving vehicle experts. Alibaba's rivals Baidu and Tencent have also been working on autonomous technology.
Bitcoin and cryptocurrencies' underlying blockchain technology has been gaining popularity among big firms from Amazon to Alibaba Group to Nvidia and Mastercard.
Investor's Business Daily
Alibaba Group Holding, Auchan Retail and Ruentex Group have announced a strategic alliance that brings together their online and offline expertise to explore new retail opportunities in China's food retail sector.
In filings with the Securities and Exchange Commission today, Yahoo laid out the severance packages for executives that will be leaving the company as it sheds its Internet business chrysalis and emerges as an Alibaba stock-holding company moth called Altaba. Marissa Mayer, Yahoo's chief executive officer, will receive a package of cash, stock, and benefits valued at a total of $23,011,325 at the completion of the deal, according to Yahoo's proxy statement. Of that, $3 million will be in cash.
Ma said he would help US businesses create a million new jobs by using his website to sell to China.
Many Chinese-made counterfeit products are now of "better quality" than the genuine article, the founder of ecommerce giant Alibaba has said.
Apple launched its Apple Pay mobile payments service in China on Thursday, opening the door to a vast market of smartphone users, as well as newfound competition in an established touchless systems segment leaders Tencent and Alibaba.
The deal includes the century-old newspaper, outdoor advertising, digital assets and magazines.
E-commerce giant Alibaba Group and affiliated online payment service Alipay are aiming to use facial recognition technology to take the place of passwords.
Alibaba said Monday it has earmarked 10 billion New Taiwan dollars (US$316 million) to invest in entrepreneurs from Taiwan who are starting and growing their businesses through Alibaba's online platforms.
Wall Street Journal
Alibaba's Chairman Jack Ma has reportedly delivered some disappointing news to staffers this week as the Chinese Lunar New Year approaches: don't expect a traditional red envelope.
Chinese e-commerce company Alibaba Group Holding has decided not to list its shares in Hong Kong, but has not yet committed to listing on any other exchange, including the New York Stock Exchange, CEO Jonathan Lu told Reuters on Thursday.
China's Alibaba Group has hired a US lobbying firm, fuelling further speculation that it is preparing a bid for Yahoo.
Are Internet users in the US or Europe ready to entrust all their personal information to an online service controlled from China?
The Financial Times
"They've got to sell the company, break it up, do something..."
The firm said an internal investigation had discovered more than 1,000 fraud cases in both 2009 and 2010. Chief executive David Wei Zhe and chief operating officer Elvis Lee Shi-Huei were not involved in the frauds but were taking responsibility for a "systemic breakdown".
China's Alibaba is in talks with one of its investors, Japan's Softbank, to form a tie-up to help merchants from their online marketplaces sell into each others' markets, according to a source familiar with the situation.