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Amazon ups India ante; Swiggy QIP in demandHappy Thursday! Amazon is keen on quick commerce as it doubles down on its India bets. This and more in today’s ETtech Morning Dispatch.- Alibaba shares soar 74% in 2025 amid the latest AI bet, DeepSeek rivalry. China stocks turning a corner?Alibaba’s Hong Kong shares surged 74% in 2025, driven by AI expansion, strong earnings, and renewed government support. Its QwQ-32B model c...
- China tech giant Alibaba posts modest yearly revenue growthChinese ecommerce giant Alibaba announced Tuesday a modest increase in annual revenue, at a time when the firm pursues a major overhaul and...
- Ant Group reshuffle: Han Xinyi appointed new president in biggest restructuringSome units of Ant Group will set up their own boards of directors to operate more independently, according to a source who saw an internal ...
- 3, 2, 1... mission on to spot stars of the startup galaxy at The Economic Times Startup Awards 2023Coming in a year when the technology industry has been hit by turbulence, it was not easy to pull this nominee list together. But, what sur...
- 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...
- Byju’s breaking bad: Will Indian startups feel the aftershocks, and other top stories this week“Are you really surprised?" an edtech founder said, implying that industry executives have seen this blow-up coming for a while. “This will...
- In overhaul, Alibaba's boss moves aside and two co-founders step upAlibaba announced Tuesday that Zhang, 51, would relinquish his top job in September. Instead, he would serve only as CEO of Alibaba's cloud...
- Top Russian military officer put in charge of Ukraine actionRussia's Defense Ministry said that Gen. Valery Gerasimov, the chief of the General Staff of the Russian armed forces, was named the new co...
- Alibaba lays off nearly 10,000 employees amid poor salesAccording to South China Morning Post, more than 9,241 employees left Hangzhou-based Alibaba during the June quarter, as the company trimme...
- View: China’s billionaires are not as rich as they lookLooking at Chinese billionaires’ paper wealth can be misleading, because the bulk of their riches comes from their stock holdings.
- Tata Motors to maintain lead in commercial vehicle marketThe tipper segment with in M&HCVs had seen huge growth for Tata Motors. However, heavy monsoons brought that market to a slow walk too.
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