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Alibaba's overloaded AI chatbot stops issuing coupons, asks shoppers for patienceSince last month, Alibaba has sought to make Qwen a one-stop shop where users can access its other apps directly in the chatbot and complet...
Alibaba to spend $431 million for Lunar New Year AI push as chatbot war heats upThe pledge by Alibaba, which triples the spending promised earlier by rivals Tencent and Baidu, is set to start on February 6. It will invo...
Asia's rich drive a $200-billion revival in complex equity notesWealthy Asian investors are pouring record funds into complex stock products. Issuance of these products linked to Hong Kong and Singapore ...
Alibaba's mapping app logs record for daily users on first day of China holidayAlibaba's mapping app Amap recorded more than 360 million daily active users on the first day of China's eight-day National Day holiday on ...
Alibaba to raise $3.2 billion via convertible bond to fund cloud growthAlibaba plans to raise $3.2 billion through a zero-coupon convertible bond to fuel international expansion and bolster its cloud computing ...
Alibaba to raise $3.2 billion via convertible bond to fund cloud growthAlibaba, among China's most aggressive adopters of artificial intelligence, said it would use nearly 80% of the proceeds to expand data cen...
Alibaba mapping app steps into local business rankings, intensifying competitionAlibaba and Meituan are among the prominent tech companies in China locked in a bitter battle for market share in "instant retail", floodin...
Chinese ecommerce leaders brush off regulatory risk to continue 'instant retail' price warChina’s top ecommerce platforms Alibaba, JD.com and Meituan are locked in a fierce instant retail price war, offering near-free deliveries ...
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 ...
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...
China's Xi Jinping calls for reform implementation, offers no new measures"We will reinforce the development of the state economy while guiding the development of the non-state economy," Xi said in Beijing's Great...
Mother of all sales: Alibaba goes international to hit new singles' day recordAlibaba Group Holding Ltd. is looking beyond borders to turn its annual Singles’ Day shopping celebration into a global phenomenon.
China’s Baidu, Alibaba & Tencent scouting for Indian startups to invest inThe growing interest in India comes at an opportune time for BAT, with venture capital investors realigning their portfolios as startups ar...
E-commerce traffic during Diwali surged 75.5%: SurveyUCWeb, India's leading mobile browser with an over 54% market share, said e-commerce traffic during the Diwali shopping season surged a who...
CashKaro raises Rs 25 crore in Series A funding from Kalaari CapitalOnline cashback and coupon site CashKaro.com has raised Rs 25 crore in Series A funding from venture capital firm Kalaari Capital.
Baidu in talks to buy majority stake in Mydala for $100 millionBaidu has expressed interest in acquiring majority interest in Mydala, India’s largest discount marketing firm, for as much as $100 million.
Alibaba gets CCI nod for acquiring 4.14% stake in SnapdealChinese e-commerce giant Alibaba has received anti-trust regulator CCI's approval for buying 4.14 per cent stake in Snapdeal.
Uber’s quest to win over China faces WeChat hurdleWeChat has become an important promotional tool for companies trying to reach affluent Chinese.
China's web giants Alibaba and Tencent do battle over 'hong bao' ahead of Chinese New YearHowever, Tenpay only controlled four per cent of the market before the red envelope campaign debuted on WeChat in 2014.
Snapdeal, Amazon no match for Alibaba on sale day; Chinese e-commerce giant clocks $1 bn in 20 minutesThe two cos were collating data on how much they had sold until the time of going to press and hence declined to share sales figures with E...