Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...
15 Jun, 2026, 10.55 AM IST
Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
15 Jun, 2026, 10.42 AM IST
US says BYD, Baidu and Alibaba are aiding China's militaryAmerica has released a new list of Chinese companies it believes support Beijing's military. Major firms like Alibaba, Baidu, and BYD are i...
09 Jun, 2026, 05.34 PM IST
Paytm plans 10% staff increase in AI pivot, to lay off 400The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its s...
09 Jun, 2026, 10.26 AM IST
US says BYD, Baidu and Alibaba and other tech giants are aiding China's militaryThe U.S. has updated its list of Chinese companies aiding Beijing's military, adding tech giants like Alibaba and Baidu, alongside chipmake...
09 Jun, 2026, 07.20 AM IST
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
08 Jun, 2026, 09.53 PM IST
China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
08 Jun, 2026, 09.39 AM IST
Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
04 Jun, 2026, 09.30 AM IST
China adds data and AI to trade secret rules to block leaksEffective Monday, the Regulations on Trade Secret Protection mark the first time Chinese law protects such digital assets as proprietary se...
02 Jun, 2026, 09.21 AM IST
Saturday Motivation Quote by Alibaba founder Jack Ma: 'If you're doing business, it's not that simple to only buy, you have to create something, you have to create something that…'Jack Ma, Alibaba co-founder, inspires with his journey of overcoming rejection. His philosophy stresses creating new value for the future, ...
30 May, 2026, 08.11 AM IST
China's Tencent to allow PayPal payments through its WeChat networksChinese tech giant Tencent is enabling PayPal users to pay with QR codes across China through its WeChat Pay network. This move aims to att...
28 May, 2026, 12.23 PM IST
China expands travel curbs to top AI talent at private firmsChina is now restricting top AI professionals in private companies from traveling abroad. This move aims to protect its advanced technology...
27 May, 2026, 10.25 AM IST
Elevation Capital sells Rs 964 crore Paytm Shares via block dealsOver the past nearly two years, Elevation Capital and AntFin — the financial affiliate of Alibaba Group, have emerged among the biggest sel...
24 May, 2026, 10.15 AM IST
Elevation Capital offloads around Rs 964 crore worth of shares in PaytmElevation Capital, an early investor in Paytm, has sold shares worth Rs 964 crore through block deals. This follows a trend of early invest...
23 May, 2026, 03.37 PM IST
Alibaba unveils new AI chip in push for domestic alternativesAlibaba has launched its new Zhenwu M890 AI chip, offering triple the performance of its previous model. This development is part of China'...
20 May, 2026, 10.53 AM IST
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...
13 May, 2026, 07.26 PM IST
Alibaba quarterly revenue rises on cloud demand, ecommerce growthAlibaba's revenue climbed 3% driven by strong cloud and AI growth, with its China e-commerce unit boosted by government subsidies. Despite ...
13 May, 2026, 03.16 PM IST