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.
- This marks the latest corporate departure for Shen, who was ranked No 3 in Forbes’ 2024 Midas List of the world’s top 100 venture capitalists
Alibaba’s midyear shopping promotion has it going head-to-head with younger e-commerce competitors such as Xiaohongshu, China’s answer to Instagram.
Microsoft spin-off Xiaoice remains the market leader, but Baidu, Tencent and ByteDance are all looking to capitalise on the latest Chinese AI trend.
A 17-year-old student majoring in fashion design, who is self-taught in maths, beat all AI teams to get into the finals of the Alibaba Global Mathematics Competition, according to organiser DAMO Academy.
A Muslim food stall owned by footballer Hassan Sunny has been inundated with gracious Chinese fans who also took advantage of a new visa-free-travel policy with Singapore.
The Chinese fintech giant has been increasing its R&D outlay by 12.7 per cent annually since 2021, according to its latest sustainability report.
The overhaul of ByteDance’s e-commerce operation in Southeast Asia’s largest economy comes after its US$1.5 billion deal that merged TikTok Shop with GoTo Group’s Tokopedia.
Shanghai-based generative AI start-up MiniMax, which counts Alibaba as a major investor, has become a success in the Unites States on the back of its popular Talkie app.
Pre-orders for the mixed-reality headset start on Friday and shipments later this month, but the US$4,100 price tag is even steeper than in the US.
The largest mobile wallet in China, operated by Ant Group, has a new mini app that uses AI to assess images of a head and estimate whether a user is balding.
Alibaba said its latest large language model holds up against the most cutting-edge open-source models like those from Facebook owner Meta Platforms.
After the live-streaming success seen by Xiaomi CEO Lei Jun and a digital avatar of JD.com founder Richard Liu, Alibaba wants more CEOs to do the same on Taobao.
Meituan co-founder and chief executive Wang Xing said the company is looking to expand into more international markets, including in Southeast Asia.
Alibaba.com is projecting US$60 billion in GMV this year, according to the sourcing platform’s president, who dismissed competition from PDD and ByteDance.
The novelty of a Chinese internet company floating its shares in the UK could make Shein a trailblazer for other mainland tech firms.
Zhipu AI is heating up a price war in a market segment where Big Tech firms Tencent, iFlytek, Alibaba and ByteDance are the prominent players.
About 185 brands – including Apple, Xiaomi and Huawei – have each achieved more than US$13.8 million in gross merchandise value on Taobao and Tmall during the initial period of promotions.
The e-commerce giant could join the Stock Connect cross-border trading scheme as early as September 9, opening the door to mainland investors, according to Morgan Stanley.
The price of AI services in China plummeted in May after ByteDance kicked off a price war by pricing access to its LLMs at 99.8 per cent below GPT-4.
The budget shopping platform’s new ‘automated price-tracking system’ will enable merchants to swiftly adjust the cost of goods online during the 618 shopping festival.
The transaction followed the disposal of Alibaba’s shares in Bilibili and Xpeng in March.
The executive reshuffle at Taobao and Tmall Group shows how Alibaba is adhering to calls made by company co-founder Jack Ma to ‘give more power’ to young people.
Zhejiang Jingzhunxue, whose CEO is an Alibaba alumnus, received 200 million yuan from the e-commerce giant to develop an interactive AI education tool.
Lenovo’s convertible bond sale follows similar offerings by e-commerce giants Alibaba and JD.com as issuers seek to lower funding costs in a high rate environment by capitalising on a red-hot stock market.
Police say fake customer services staff frauds an ‘increasing trend’, with HK$4.16 million the biggest single loss logged.
Richard Liu lashes out at employees as the Chinese e-commerce giant tries to run a tighter ship amid rising competition and a weak economy.
Shares of the parent of Temu and Pinduoduo are being held back by geopolitical risks and fierce competition in China’s e-commerce sector.
The departure of AI experts from these Big Tech firms reflects increased investor interest in start-ups that could become the next OpenAI.
Meituan, Tencent, NetEase and PDD Holdings are potential candidates to sell convertibles, according to UOB Kay Hian analyst Julia Pan.
The English footballer will be featured in AliExpress commercials during the European Football Championship, which kicks off in mid-June.
