alibaba

New Business

Alibaba holds wide lead over rivals ByteDance, Huawei, Tencent in China’s AI cloud market

Alibaba Group Holding captured more than a third of China’s artificial intelligence cloud services market in the first half of…

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With new F1-style outfit, Alibaba shows effort to give China e-commerce sector a facelift

Alibaba Group Holding is rolling out a new outfit for its delivery workers that resembles the racing suit for Formula…

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Chinese companies could start making money from AI agents next year, UBS says

Chinese companies could start making money from their artificial intelligence agents – software systems that use AI to autonomously plan…

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What China’s self-reliance push means for its semiconductor industry as US hurdles mount

China’s drive for economic self-reliance is raising the spirits and prospects of its semiconductor industry, as insiders expect more home-grown…

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Alibaba sees strong consumer mindshare reviving e-commerce momentum

E-commerce giant Alibaba Group Holding has won “consumer mindshare” amid its instant commerce push, according to company executives and analysts,…

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From drones to robots, tourists flock to China to glimpse a ‘cyberpunk’ future

When Marc Guyon, a French national based in Hong Kong, decided to visit Shanghai in early August, the main attraction…

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Alibaba to spin off its Banma autonomous driving business via an IPO on Hong Kong exchange

Alibaba Group Holding plans to spin off its Banma Network Technology unit, as one of China’s largest technology behemoths moves…

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Alibaba, Baidu lead China’s AI cloud boom as market surges 55% to US$2.7 billion

Baidu and Alibaba Group Holding led the market for public cloud services supporting artificial intelligence in China last year, as…

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China’s Hermitage Capital bets big on AI as it sees tech shaping the future

One of Asia’s top private equity funds is betting big on artificial intelligence and humanoid robots, envisioning a future where…

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Alibaba tops Meituan’s China on-demand delivery, fuelled by 1 million cups of tea daily

Orders on Alibaba’s instant commerce channel Taobao Shangou topped 100 million on Thursday, 20 million fewer than Meituan. After Meituan…

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