Alibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly...

Tencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw gro...

Tencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...

Alibaba's revenue climbed 3% driven by strong cloud and AI growth, with its China e-commerce unit boosted by government subsidies. Despite ...

Financial markets are increasingly prioritizing artificial intelligence-driven growth and corporate earnings over geopolitical tensions, ac...

The SpaceX IPO could become the biggest IPO in history, targeting a massive $2 trillion valuation and a $75 billion raise. That number alon...

Chinese AI firm Zhipu AI is boosting its use of local chips amid soaring computing needs. The company reported strong revenue growth for 20...

Chinese tech giant Alibaba plans to earn over 100 billion dollars from its artificial intelligence and cloud businesses in the next five ye...

Tencent in just the past week introduced several signature products aimed at tapping a national enthusiasm for AI agents like OpenClaw — au...

Alibaba said the decrease in profit for Ant Group was mainly attributable to "investments in new growth initiatives and technologies, and t...

Chinese fintech company Ant Group posted a 60.5% slide in net profit to 4.74 billion yuan ($662.7 million) in the three months to March 31,...

Alibaba is offering to pay a pricing of below 80 basis points over the Secured Overnight Financing Rate to existing lenders agreeing to gra...

China's Alibaba Group Holding on Wednesday topped Wall Street expectations for third-quarter revenue, on strong year-end shopping sales and...

Alibaba's earnings reports are crucial indicators for China's consumer sentiment, influenced by competition from Pinduoduo and Douyin. The ...

In the first quarter of its staggered financial year, the group's revenue amounted to 234.1 billion yuan ($32.5 billion), higher than analy...

SoftBank has this year executed the sale of about a third of its Alibaba stake through these contracts, a type of derivatives that allows t...

For the quarter ended Sept. 30, Alibaba earned 11.20 yuan per share on an adjusted basis, missing an average estimate of 12.36 yuan. Revenu...