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Alibaba is China's largest e-commerce company, with holdings in a wide portfolio of businesses from logistics, cloud services and finance to media. The company provides business-to-business, business-to-consumer and other services through platforms including Alibaba.com, Tmall, and Taobao. Alibaba is the owner of the South China Morning Post. It was co-founded by Jack Ma, who retired as chairman in 2019 but is still a major shareholder.
De facto central bank aims for first-mover advantage through blockchain technology, providing welcome lift to Hong Kong’s image as global financial centre
With the crackdown on fintech firms over, the sector must look forward and realise its full potential in driving China’s recovery.
Trades in local dollar or yuan in city stock market will offer greater choice to those investors seeking to diversify not only in shares but also currencies.
Wang Xiangwei, the Post’s former editor-in-chief, reflects on his career as a journalist, reporting on China, the need for a hiatus, and why he wants to return to Hong Kong.
Primary listing in Hong Kong by tech giant will allow ordinary people to share in success of such companies and help drive nation’s development.
The major developers of large language models are claiming significant performance improvements and greater adoption at China’s biggest annual AI conference.
Speaking at the World Artificial Intelligence Conference in Shanghai, Baidu CEO Robin Li said companies are wasting computing power on models not yet benefiting other industries.
Chinese tech experts discussed how large language models can shape businesses at the annual event held by Luohan Academy, the open research institute initiated by Alibaba.
Ninety per cent of global venture capital investments in the chip sector last year came from China, according to Preqin research.
The effort adds to the growing momentum of protectionism against Chinese companies as its cheaper goods threaten local producers.
With on-demand delivery the latest front in China’s e-commerce war, Taobao is using Alibaba’s Ele.me and Freshippo to expand its offerings in the category.
The World Artificial Intelligence Conference in Shanghai will feature innovations that could help China narrow the gap with the United States in the technology’s development.
Xianyu, also known as Idle Fish, has launched a new feature allowing users to hire themselves out for part-time jobs.
Sentiment appears to be stabilising after the recent consolidation, analysts say. Strong southbound buying, which has already topped the total inflow for the whole of 2023, continues to support the market.
A shareholder restructuring for OceanBase, which develops the database tech behind Alipay, gives 35 companies a stake, paving the way to a possible public listing
JD.com is said to be taking full control over the operation, logistics and after-sales services of its Jingxi low-price shopping platform.
The deal values Singapore-based Synagistics, which provides digital commerce services, at HK$3.5 billion (US$448 million), according to an exchange filing.
Zhihu has joined the ranks of Chinese technology companies that have enhanced their online services via the power of generative artificial intelligence.
Alibaba Cloud’s updated infrastructure strategy prioritises expansion in Southeast Asia and Mexico.
Alibaba’s Tongyi Qianwen family of AI models have already been adopted by more than 90,000 corporate clients.
The tech giants is partnering with MiniMax, Moonshot AI, Orionstar, Baichuan, Zhipu AI and 01.AI to develop new functions on its popular office app.
The US tech giant has been offering eligible Hong Kong customers access to OpenAI tools such as ChatGPT since last year.
OpenAI’s ban on Chinese access to its service is set to contribute to the growth of the Chinese AI sector rather than hinder its progress, industry experts said.
Jiang Ping has become the subject of national curiosity after climbing past competitors from Stanford, Cambridge, and Tsinghua to reach the finals.
This month marked a rebound for China’s video gaming industry, after fewer than 100 titles each were approved in April and May.
E-commerce firms including Alibaba and JD.com saw GMV rise during the midyear event, but merchants face declining profits amid a platform price war.
Alibaba’s cloud unit has introduced its first ‘AI programmer’ powered by the company’s own large language model, as the tech giant explores monetisation.
The Chinese e-commerce giant denied the rumours sparked by a Bangkok Post report, as it continues to grapple with an economic slowdown at home.
‘Macro indicators which are showing early indication of a stabilisation’ have driven a rally, according to a JPMorgan analyst known for his bearish stance.
Alibaba and JD.com touted impressive growth trends but declined to reveal total GMV figures for their midyear 618 shopping festival, as competition heats up and consumers grow weary of too many promotions.
Five of the championship’s 13 sponsors come from China, as these companies look abroad amid slow growth at home.
Didi had originally planned for a Hong Kong listing this year, according to a source.
Shen’s departure comes after venture capital firm HongShan had been gradually cutting its stake in Meituan since China’s food delivery services giant debuted in Hong Kong in 2018.