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Huawei posts slower annual revenue growth of 2.2%Huawei's 2025 revenue grew 2.2 percent to 880.9 billion yuan. This growth was supported by its core network infrastructure and consumer dev...
Alibaba develops next-gen chip for agentic AI, Chinese media saysThe 3.2 GHz server chip, built using open-source RISC-V chip architecture, was billed as "the highest performing RISC-V CPU in the world"...
China's Alibaba targets $100B in AI and cloud revenue over 5 yearsChinese tech giant Alibaba plans to earn over 100 billion dollars from its artificial intelligence and cloud businesses in the next five ye...
Alibaba pins hopes on AI as quarterly net profit dropsNet profit plunged 66% to 15.6 billion yuan ($2.2 billion) primarily due to a "decrease in income from operations", the firm said. China's ...
Alibaba's cloud business revenue soars 34% driven by AI boomChina's Alibaba Group posted a 34% jump in revenue from its cloud business in its most recent quarter, buoyed by the boom in artificial int...
Alibaba stock surges as AI-powered cloud revenue beats Wall Street estimates and lifts BABA share price outlook — Is BABA a Buy?Alibaba Group Holding Ltd. (NYSE: BABA) climbed sharply after reporting quarterly revenue that exceeded Wall Street expectations. The stock...
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...
MakeMyTrip plans $3 billion buyback; China’s Trip.com stake to drop below 20%MakeMyTrip intends to raise $3 billion through debt and equity to repurchase shares from Group, reducing their stake from 45.34% to 19.99%....
China, HK stocks slip as auto sector drops amid heightened scrutinyChina and Hong Kong shares fell on Friday, weighed down by losses in the auto sector amid increased regulatory and consumer scrutiny.
Jack Ma’s clash with Beijing costs Ant, Alibaba $850 billionChinese authorities said on Friday they would wrap up a probe into Ant with the financial technology company paying a fine of almost $1 bil...
Paytm shares down 9% as Alibaba sells 3% stake in large block dealBSE data showed that a large block deal took place in the second half of the day leading to a spurt in volume by over 19.25 times
Tokyo shares close lowerAnalysts said traders locked in profits after a positive session on Friday, when the Nikkei advanced nearly three percent on hopes for less...
Alibaba plans for new normal of low growth as crackdown bitesChief Executive Officer Daniel Zhang sketched out on Thursday how China’s e-commerce leader will now prioritize user retention over acquisi...
Beijing tutoring crackdown slams US-listed Chinese stocksUS shares of TAL Education Group and New Oriental Education & Technology Group Inc , which provide tutoring and test preparation services i...
Alibaba rallies on handsome profit beat, optimistic commentaryGross merchandise volume - a key metric - grew at a solid 29 per cent.
Alibaba India arm profit down 88%, revenue highest in 4 yearsTotal expenses for the 12 months ended March 31 increased by more than 75% to Rs 27.10 crore.
How Alibaba won and lost a friend in WashingtonAlibaba began 17 years ago in the modest living room of a gutsy man with a history of failure. Jack Ma struggled in school, and even Kentuc...