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.
Alibaba’s e-commerce platform AliExpress is betting on the European market by sponsoring Euro 2024, a move that comes after its rival Temu cracked the US market through ads that ran in the Super Bowl.
With China at odds with Western countries in data and cyberspace management, Beijing is trying to sway other parties to side with its vision.
E-commerce logistics giant Cainiao will launch an ‘entrepreneurship incentive plan’ that will double the bonus pool allocated for its financial year ending March 31, 2025.
Mobile payments made through 16 wallets supported by Alipay+ now account for 10 per cent of total tourist spending in Japan, unit president Douglas Feagin says.
ByteDance’s website listed more than 320 generative artificial intelligence-related job openings as of Tuesday, up from 307 vacancies posted a month earlier.
This initiative escalates ByteDance’s efforts to expand the reach of its social media operation into a potentially large e-commerce revenue stream.
Taobao has recently featured three online stores under the 1688 name as it pushes to win over new users amid rising competition in China’s e-commerce space.
Alibaba has scrapped the planned Hong Kong IPO for its logistics unit Cainiao, deciding to double down on its investment in the strategically important unit.
China’s biggest generative artificial intelligence (AI) developers, including Baidu and Alibaba, have upgraded their chat bots to handle super long texts of up to 10 million Chinese characters.
Pinduoduo founder Colin Huang grew his wealth by 71 per cent to become the richest Chinese tech entrepreneur, aided by a rally in its US-listed shares.
The AI start-up says it is working to expand the service capacity of its Kimi chatbot, which has been adding new users rapidly after announcing a technological breakthrough.
The changes to LST come as Alibaba continues to rejig its e-commerce arm as well as other business units.
Zhang, who left Alibaba last September, will focus on mergers and acquisitions as managing partner at Firstred Capital.
Moonshot AI’s updated Kimi chatbot can handle up to 2 million Chinese characters in a single prompt, up from the previous 200,000 characters.
Customers who place an order in the US on AliExpress can now expect to receive their parcel in five days, according to Alibaba’s logistics unit Cainiao.
From April 1, EHang’s EH216-S electric vertical take-off and landing vehicle will be available in overseas markets at a suggested retail price of US$410,000.
Damo Academy has showcased the next iteration of its RISC-V processor as demand for high-end semiconductors continues to grow in China.
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’.