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TMALL GROUP
Alibaba to exceed planned AI spending and says margin is secondaryAlibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly...- Thursday Motivation by Jack Ma: 'Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be...'Jack Ma, Alibaba co-founder, faced many rejections before internet success. His quote "Never give up" reflects his belief in overcoming har...
- Alibaba integrates ecommerce platforms into a single business unitAlibaba International Digital Commerce (AIDC) group chief Jiang Fan, a former head of Tmall who was demoted in 2020 following an online sca...
- Alibaba's China ecommerce platforms to accept Tencent's Wechat PayAlibaba is affiliated with the Jack Ma-founded Ant Group's Alipay, which is WeChat's main rival for online payments in China. Tencent has a...
- Chinese ecommerce giants face delicate balance between discounts, profitAlibaba's earnings reports are crucial indicators for China's consumer sentiment, influenced by competition from Pinduoduo and Douyin. The ...
- JD.com wins antimonopoly lawsuit against AlibabaChinese online retailer JD.com said on Friday that it won a lawsuit against rival Alibaba, which was slapped with a 1 billion yuan ($140.68...
- Alibaba Group CEO takes over as chief of domestic ecommerce businessAn Alibaba spokesperson confirmed plans to set up a new asset management company but did not respond to a request for comment on Dai's invo...
- Alibaba banks on aggressive Singles Day pricing to recoup sales mojoWhile Alibaba has announced that it will offer 80 million products at their lowest prices this year during Singles Day, which began in late...
- Alibaba promises major discounts ahead of China's 'Singles Day' shopping eventAlibaba Group will be offering significant discounts for its annual Singles Day shopping event, indicating low consumer confidence in China...
- 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...
- Alibaba's quarterly revenue beats even as China's economic recovery sputtersIn the first quarter of its staggered financial year, the group's revenue amounted to 234.1 billion yuan ($32.5 billion), higher than analy...
- 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...
- Alibaba Group says Eddie Wu to succeed Daniel Zhang as CEO, Joseph Tsai to take over as chairmanZhang will shift to fully focus on the cloud intelligence group, the company said. Zhang has since December been concurrently serving as th...
- Alibaba president says group will expand local business in EuropeAlibaba will focus on building local businesses outside China, with Europe being the top priority, the group's president said on Thursday.
- 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 fines 3 online vendors for misreported prices, salesThe ruling Communist Party encourages e-commerce and other online industries but worries about the dominance of major competitors. Party le...
- Alibaba to invest $1.4 billion in AI system for smart speakersThe announcement comes as the e-commerce giant continues its push into new technologies and business sectors beyond online shopping. The mo...
- Alibaba banks on data to open doors to more revenueThe company, which recently opened up its data-driven platform for mobile ad placement called Uni Marketing, had announced a tie-up with ad...
- Future’s Paytm tie-up to help it ride with AlibabaAlibaba plans to debut its biz-to-consumer site Tmall in India. One of the options being considered is morphing the Paytm marketplace into ...
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