Topic
Alibaba is China's largest e-commerce company, with holdings in a wide portfolio of businesses from logistics, cloud services and finance to media. The company provides business-to-business, business-to-consumer and other services through platforms including Alibaba.com, Tmall, and Taobao. Alibaba is the owner of the South China Morning Post. It was co-founded by Jack Ma, who retired as chairman in 2019 but is still a major shareholder.
De facto central bank aims for first-mover advantage through blockchain technology, providing welcome lift to Hong Kong’s image as global financial centre
With the crackdown on fintech firms over, the sector must look forward and realise its full potential in driving China’s recovery.
Trades in local dollar or yuan in city stock market will offer greater choice to those investors seeking to diversify not only in shares but also currencies.
Wang Xiangwei, the Post’s former editor-in-chief, reflects on his career as a journalist, reporting on China, the need for a hiatus, and why he wants to return to Hong Kong.
Primary listing in Hong Kong by tech giant will allow ordinary people to share in success of such companies and help drive nation’s development.
The reported cash injection comes as the Chinese tech giant and its rivals double down on overseas markets, even though fast growth is bringing some logistics challenges.
Alibaba will develop native HarmonyOS applications for platforms including its Cainiao courier service and food delivery app Ele.me.
The European Commission also is looking into whether the company did enough to prevent minors from accessing pornographic material via its online marketplace.
Alibaba Digital Media and Entertainment Group’s plan to spend billions on local film and culture sectors has boosted investor confidence, experts says.
Bilibili is seeking to drive more revenue growth by pursuing collaboration with big e-commerce advertisers.
Alibaba is improving financial incentives for staff to boost morale amid challenging industry conditions.
Official welcomes investment, while Federation of Hong Kong Filmmakers spokesman Tenky Tin says funding is largest he can recall by private sector.
Start-ups and investors say attending Leap tech conference is about building relationships for a market seen as ‘like China in the late 90s’.
Alibaba’s fresh push of AI tools comes amid increasing competiton among Chinese e-commerce players to woo consumers across the world amid sluggish growth at home.
Ant Group’s Alipay and Tencent’s WeChat Pay are enhancing operations to make it easier for foreign travellers to pay for goods and services on the mainland, the world’s largest cashless society.
GSR Ventures’ Allen Zhu sees the current investor interest generated by artificial intelligence start-ups that are building large language models as based on a ‘fear of missing out’.
South Korea’s personal data protection watchdog has been investigating overseas e-commerce platforms since last month, after a parliament audit last year raised questions about data handling.
The MiniMax deal would mark Alibaba’s second major artificial intelligence start-up investment this year after leading Moonshot AI’s US$1 billion funding round in February.
Alibaba’s latest artificial intelligence push reflects a new tech arms race in mainland China’s e-commerce sector.
Proposals like the one submitted by Zhihu CEO Zhou Yuan signal that policymakers are actively discussing how to boost the platform economy, analysts say.
HKSTP and Cyberport signed memorandums of understanding to share knowledge and explore collaboration opportunities in Saudi Arabia at the Leap conference.
Professors from China’s Peking University and Shenzhen-based AI company Rabbitpre have jointly launched an Open-Sora plan, with a page on GitHub.
Shenzhen’s municipal government plans to boost the number of its native apps built on HarmonyOS and push for their adoption across major sectors, including education, healthcare, banking, transport and welfare.
Apple-authorised retailers are offering steep discounts on the latest iPhone series in China, where the US tech giant faces stiff competition from domestic brands.
The management reshuffle is the latest step by Alibaba to promote a new generation of younger managers amid a sweeping restructuring.
The initiative seeks to ‘lower the threshold of cloud services for more enterprises and developers’ in mainland China, where artificial intelligence development projects are driving demand.
Employers in China are scrambling for workers with skills in generative artificial intelligence, as the nation loses some of its top talent to the US.
The latest job cuts at Daraz come amid ‘unprecedented challenges in the market’, according to acting chief executive James Dong.
Alibaba chairman Joe Tsai says e-commerce giant is poised to bounce back as restructuring process helps company improve competitiveness and customer service.
The introduction of Sora has forced China’s AI industry to again grapple with how it will catch up to the latest tech in the face of escalating US sanctions.
High-risk, high-cost mega-infrastructure projects like those backed by Belt and Road Initiative decline in popularity, with developments now seen in sectors with faster returns and fewer operating costs.
Beijing-based Moonshot AI, known in Chinese as Yuezhi Anmian, was valued at about US$2.5 billion in its latest funding round.
The Year of the Dragon may have signalled the return of the overseas Chinese tourist, with preliminary data from Alipay showing a 7 per cent increase in transactions this year compared with 2019.