Alibaba
China’s tech giants Alibaba, Baidu, Tencent spook a generation of workers with job cuts
FOR years, a job at one of China’s technology behemoths was a golden ticket for the country’s ambitious youth. Now, a wave of downsizing is tarnishing that dream, pushing...
Alibaba to shut premium Hema X outlets after rivalry heats up
The move marks a strategic retreat from a model that failed to gain traction against Walmart’s Sam’s Club and Costco WholesalePublished Tue, Aug 5, 2025 · 06:00 PM[SHANGHAI] Alibaba...
Alibaba cloud visionary expects big shakeup after OpenAI hype
[HONG KONG] OpenAI’s ChatGPT started a revolution in artificial intelligence (AI) development and investment. Yet nine-tenths of the technology and services that have sprung up since could be gone...
Alibaba launches open-source AI coding model, touted as its most advanced to date
The launch comes amid intensifying competition among Chinese technology companies in the global artificial intelligence development racePublished Wed, Jul 23, 2025 · 02:07 PM[BEIJING] Alibaba Group announced on Wednesday...
Alibaba to Baidu lead surge in equity-linked bond sales in Asia
[HONG KONG] Asian sales of bonds that can be turned into shares have soared in 2025, heading towards multi-year highs, as interest rates remain elevated and rallying stocks create...
Alibaba risks deepening US$100 billion rout as turf war heats up
[HONG KONG] A protracted battle in China’s food-delivery market has chopped US$100 billion in market value from Alibaba Group Holding, with no end in sight for damage to profits...
Alibaba Cloud launches global AI innovation hub in Singapore, two data centres in Malaysia, Philippines
[SINGAPORE] Alibaba’s cloud computing arm on Wednesday (Jul 2) launched a global artificial intelligence (AI) innovation hub in Singapore, which will support over 5,000 businesses and 100,000 developers globally....
Alibaba offers 50 billion yuan of subsidies to defend turf in China
The world’s second-largest economy’s e-commerce leader is facing growing challenges from up-and-comers such as PDD HoldingsPublished Wed, Jul 2, 2025 · 02:14 PM[TAIPEI] Alibaba Group Holding is offering 50...
Alibaba expands AI cloud services in Malaysia, Philippines
The company will accelerate the buildout of its global cloud network in China, Japan, South Korea, South-east Asia, the Middle East, Europe and Americas over the next three years,...
Alibaba Cloud to start second data centre in South Korea by June
The company operates 87 availability zones across 29 global regions and is China’s largest cloud providerPublished Thu, Jun 19, 2025 · 10:47 AM[SEOUL] Alibaba Group Holding will open a...
