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Alibabai

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.

 

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  • Lenovo will collaborate with Alibaba on AI personal computers and other AI-powered devices, the Beijing-based firm says
  • Special versions of the Lenovo Yoga Book 9i feature a personalised AI agent, Lenovo Xiaotian, supported by Alibaba’s AI model Tongyi Qianwen

The first global standards specifically covering GenAI and LLM released on Tuesday are a joint effort between Ant Group, Baidu, Tencent, OpenAI, Microsoft, Nvidia and others.

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At the Digital Silk Road Development Forum in Xian, Alibaba and Shein were praised for helping advance the country’s booming cross-border e-commerce sector.

Richard Liu Qiangdong’s avatar is expected to host more live-streaming shows in the future, as JD.com touted that its AI-powered virtual streamers cover more than 4,000 brands.

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Baidu’s artificial intelligence chatbot Ernie Bot has attracted over 200 million users, according to company chief executive Robin Li Yanhong, as the AI race in China heats up.

The company’s latest AI push could fuel further debate on whether China can continue relying on open-source development, instead of bolstering its own tech ecosystem.

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The electric version of the motorised cargo tricycle, long used in China, has drawn interest in the United States after a social media account showed one in Dearborn, Michigan.

The municipal government of the city in eastern Jiangsu province unveiled a three-year plan to attract cross-border e-commerce projects.

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There is nothing to fear from missteps because nobody is error-free, Ma wrote, after his co-founder Joe Tsai touched on Alibaba’s mistakes in a podcast interview, generating a frenzy on China’s social media.

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At a time when the global euphoria about AI has propelled a three-fold surge in Nvidia’s stock, investors are pointing toward emerging markets for better value and a bigger pool of options.

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The emergence of technology providers like Firework coincides with a growing ‘direct-to-customer’ trend for Chinese merchants involved in cross-border e-commerce.

Alibaba chairman Joe Tsai said US chip export restrictions to China have ‘definitely affected’ mainland tech firms, including the e-commerce giant’s cloud computing business.

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Chinese cloud service giants Huawei, Alibaba and JD.com have turned to live streaming to promote their services, a move that signals an intensified price war aimed at luring small and medium-sized clients.

Chinese e-commerce giant Alibaba is partnering with a domestic rocket developer, with the lofty goal of delivering parcels anywhere in the world within an hour.

Malaysian budget carrier AirAsia plans to start new routes connecting smaller mainland Chinese cities with Southeast Asia to tap a recovery in the country’s travel market, as consumers become more budget conscious.

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.

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.

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