alibaba

New Business

Alibaba Cloud aims high in Southeast Asia in 2025 with new AI partners

The cloud computing and artificial intelligence (AI) arm of Alibaba Group Holding is collaborating with local partners to expand its…

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New Business

Jack Ma returns to Alibaba campus, as China moves to boost business confidence

Jack Ma, founder of Alibaba Group Holding, on Friday visited the company’s campus in Hangzhou, capital of eastern Zhejiang province,…

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Tech

Ant Group’s blockchain arm Zan wants to be the Google or Microsoft of Web3 in Hong Kong

Ant Digital Technologies, a subsidiary of the Chinese fintech giant Ant Group, wants its new Hong Kong blockchain venture Zan…

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Tech

Alibaba’s antitrust review comes to a close after 3 years of government scrutiny

“From the inspection and evaluation, Alibaba Group has completely stopped the monopoly behaviour of ‘picking one from two’,” the regulator…

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New Business

JD.com lures overseas Chinese shoppers with faster shipping in rivalry with Alibaba

JD.com is launching five-day international shipments for customers in the US, Japan and Singapore, as the Chinese e-commerce giant fights…

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Tech

Alibaba logistics firm Cainiao launches next-day cross-border deliveries by way of Hong Kong

Cainiao Smart Logistics Network, the shipments subsidiary of Chinese e-commerce giant Alibaba Group Holding, has launched an express cross-border courier…

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Tech

Meituan reports robust revenue, profit growth in second quarter on ‘value for money’ approach

China’s largest on-demand service provider Meituan reported on Wednesday a 21 per cent jump in second-quarter revenue, bolstered by steady…

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Tech

Temu owner PDD’s stock rout reflects ‘shaken investor confidence’, analysts say

A 28.5 per cent stock price plunge on Monday that wiped US$55 billion off the valuation of PDD Holdings, the…

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New Business

Opinion | Quality should come before quantity for Hong Kong’s IPOs

Hong Kong has long stood as a beacon of financial prowess, with its stock exchange often leading the world in…

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Tech

Walmart said to raise US$3.6 billion from sale of JD.com stake, ending 8-year partnership

JD.com’s Hong Kong-listed shares fell 10 per cent to HK$101.10 at 2.23pm local time on Wednesday, leading a broader sell-off…

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