Alibaba Group Holding

New Business

Alibaba doubles down on ‘super-scale’ computing infrastructure plans as AI demand grows

Meeting the AI industry’s demand “requires super-scale infrastructure and full-stack technology accumulation”, Wu told the audience at Friday’s opening of…

Read More »
New Business

Canada travel searches spike in China as group tours resume: ‘interest surged’

Beijing’s decision to allow group travel to Canada to resume for the first time since the Covid-19 pandemic has sparked…

Read More »
New Business

Apple nears US$1 billion-a-year deal to use Google’s Gemini AI model for Siri

Following an extensive evaluation period, the two companies are now finalising an agreement that would give Apple access to Google’s…

Read More »
New Business

Chinese AI app start-ups lag behind US peers in making money: report

China’s start-up developers of artificial intelligence applications significantly lag behind their US counterparts in global recurring revenue, making overseas expansion…

Read More »
New Business

Hong Kong stocks tumble as AI bubble fears hit Wall Street

Hong Kong stocks extended losses on Wednesday, tracking Wall Street’s weakness amid growing fears of an artificial intelligence bubble, while…

Read More »
New Business

Alibaba’s Amap rides China car boom in challenge to Google Maps

Amap, the mapping and local services business under Alibaba Group Holding, is expanding its global footprint in tandem with the…

Read More »
New Business

Alibaba rebrands food delivery app Ele.me as Taobao Shangou in instant retail push

Alibaba Group Holding is rebranding its Chinese food delivery platform Ele.me as Taobao Shangou, aligning the service more closely with…

Read More »
New Business

HKEX to roll out new weekly options, biotech futures amid trading boom

Hong Kong Exchanges and Clearing (HKEX) will launch five new weekly stock options and a Hang Seng Biotech Index Futures…

Read More »
New Business

Alibaba expands instant commerce efforts with US$281 million Taobao convenience store push

Alibaba Group Holding on Friday unveiled a 2 billion yuan (US$281 million) investment as part of a programme that will…

Read More »
New Business

Hong Kong pulls ahead of Singapore in race to attract crypto-treasuries: blockchain expert

Hong Kong has pulled ahead of Singapore in attracting technology-driven companies that use cryptocurrency for treasury management and other applications,…

Read More »
Back to top button