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Alibaba misses revenue estimates, but AI boosts cloud businessAlibaba posted 26% cloud revenue growth to 33.4 billion yuan, fueled by heavy AI investment, even as weaker ecommerce sales dragged overall...- JD. com faces battle to gain ground in China's instant delivery marketThe company has poured billions into JD Takeaway, the food-delivery unit it launched in February, to cut reliance on a core retail business...
- China's JD.com tops quarterly revenue estimates on steady e-commerce demandA major Chinese e-commerce company exceeded quarterly revenue expectations. This indicates strong consumer spending driven by discounts and...
- Alibaba folds food delivery, online travel services into core ecommerce unit: ReportCEO Eddie Wu described the move as a strategic shift toward becoming a unified consumer platform.
- Alibaba's new 'instant commerce' portal passes 40 million daily ordersChinese ecommerce giant Alibaba announced that its new Taobao Instant Commerce portal has surpassed 40 million daily orders within a month ...
- Chinese ecommerce giant JD. com sales rise after costly food delivery pushJD.com recorded a jump in first-quarter revenue Tuesday, as the Chinese e-commerce giant makes a costly push to establish itself in the cou...
- China asks food delivery giants to compete fairlyChinese authorities met with major food delivery firms JD.com, Meituan, and Ele.me to address competition issues. Regulators urged adherenc...
- Chinese ecommerce giants make expensive bets on fast deliveriesThe new turf war focused on speed is coming at a high cost in the short term as the ecommerce giants look to entice consumers with hefty di...
- Alibaba, RedNote in tie-up as China ecommerce competition intensifiesThe broadening of the strategic partnership between Alibaba and RedNote comes as China's ecommerce giants vie for market share on multiple ...
- China's JD.com moves into food delivery, starts recruiting restaurantsCatering merchants who register with JD Takeaway before May 1 will enjoy commission-free services for the entire year, it said.
- How Alibaba's six main new business units stack upAlibaba Group Holding's former CEO, Daniel Zhang, has unexpectedly left the company's cloud computing unit, raising concerns about its spin...
- How Chinese tech giant Alibaba's six new business units stack upThe e-commerce giant announced in March it will split into six business units, each with its own CEO and board of directors, and adopt a ho...
- How Alibaba's six new business units stack upAlibaba has long relied on e-commerce as its core business, with smaller divisions in sectors such as cloud computing and entertainment. Th...
- After the split, here's how Alibaba's six new business units stack upThe company's CEO Daniel Zhang said the business units will each be free to pursue funding and IPOs independently, which points to a possib...
- China regulators should act further to free up apps' access to rivals' links: State paperAccording to the Economic Information Daily, this showed companies could not be relied on to carry out "self rectification", and government...
- Alibaba apps start offering WeChat Pay option after government ordersEarlier this month, the ministry of industry and information technology said it had asked internet companies to end a long-standing practic...
- China tells delivery, ride-hailing firms to better protect workersRegulators in China have come down hard on its biggest technology firms this year, criticising them for policies that exploit workers and i...
- Deaths, self-immolation draw scrutiny on China tech giantsChina's internet industries already were known for long, demanding days. With millions of families confined at home, demand surged and empl...
- Alibaba shows signs of strain as China's economy shuddersThe company founded by billionaire Jack Ma has been pivotal over the past decade in helping create a $1 trillion-plus Chinese online shoppi...
- Alibaba's Singles' Day sales hits new high, $24.3 billion by mid-dayThe Alibaba Group's various shopping platforms broke the 10 billion-yuan (USD 1.44 billion) sales threshold within the first two minutes an...
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