Alibaba
Alibaba Group is one of the largest internet companies in the world. Headquartered in Hangzhou, China, Alibaba is best known for its Chinese marketplaces, Taobao and Tmall. Alibaba also has a stake in its spin-off payments app, Alipay, which is run by Ant Financial.
Alibaba was founded by Jack Ma, then an English teacher, in 1999.
MiniMax raises Alibaba cloud spending cap 220%
MiniMax plans to spend up to US$300 million on Alibaba Cloud services in 2025, up from US$115 million.
Diya Lal · · 1 min read
Jack Ma buys $76.5m in Alibaba shares as AI spending grows
Jack Ma bought over HK$600 million in Alibaba shares amid its AI push.
Minh Le · · 1 min read
Alibaba executives buy $15m shares after 8.5% drop
Filings showed Tsai bought about HK$81 million (US$10.3 million) worth of shares in Hong Kong, while Wu bought about HK$39 million (US$4.97 million).
Grace Priscilla Teo · · 1 min readXpeng’s robotics arm raises over $900m series A
The company said the funding will go to hardware and software R&D, physical AI training, smart manufacturing infrastructure, and global expansion.
Diya Lal · · 1 min readAlibaba shares drop 10% after $10.2b share placement
Alibaba will issue 710 million new shares at HK$112.70 (US$14) each, below the August 21 closing price of HK$123 (US$16).
Diya Lal · · 1 min readAlibaba to raise $10.2b for global AI push
Alibaba’s capital expenditure rose 75% year on year to 67.7 billion yuan.
Grace Priscilla Teo · · 1 min readAlibaba Q2 revenue rises 9% as AI cloud demand grows
The Chinese tech company said revenue from AI cloud and compute services rose 45% to 48.4 billion yuan (US$7.2 billion).
Grace Priscilla Teo · · 1 min readAlibaba’s financial health in 12 charts
Alibaba is China’s largest ecommerce company, but it has lost some of its edge to nimbler rivals.
Duc Tran · · 1 min readAlibaba shares rise 34% on AI bets ahead of earnings
Alibaba Cloud said Qwen, its AI model family, was adopted by more than 90,000 enterprises in its first year.
Diya Lal · · 1 min readMapping the key players in China’s ecommerce arena
Mapping China’s ecommerce sector: Key players, top investors, and funding insights in one report.
Aya Lin · · 1 min read