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Alibaba

(阿里巴巴集团)

Ant International teams up with EPL’s Tottenham Hotspur in global expansion push

Singapore-based Ant International will serve as Tottenham Hotspur’s exclusive global payment solutions provider and digital wallet partner.

Singapore-based Ant International will serve as Tottenham Hotspur’s exclusive global payment solutions provider and digital wallet partner

2 hours ago

Alibaba has more room to run thanks to cross-border trading, history shows

12 Sep 2024 - 7:30AM

In China, university students face internship paradox in bid for job prospects

12 Sep 2024 - 10:34AMvideocam

Alibaba’s Cainiao launches next-day delivery in Europe, builds new hubs

Cainiao’s latest initiatives reflect Alibaba’s commitment to expand the company’s global footprint, as e-commerce growth slows at home.

11 Sep 2024 - 8:14PM

Cainiao offers local express delivery services in 10 countries and regions outside mainland China. Photo: Shutterstock

Saudi Arabia’s AI-focused Gain Summit draws global tech giants

The third Global AI Summit, which started on Tuesday in the Saudi capital Riyadh, has wooed over 400 speakers from over 100 countries.

11 Sep 2024 - 12:30PMvideocam

TikTok’s Chinese sibling emerges as fast-rising e-commerce player

The short-video platform saw gross merchandise value rise by 46 per cent in the year ended July 2024, an executive says.

11 Sep 2024 - 11:47AM

Jack Ma calls on Alibaba to remain steadfast, ‘believe in the future’

To mark the 25th anniversary of Alibaba’s founding, Ma called on all employees to overcome competitive pressure, despite various challenges.

11 Sep 2024 - 9:05AMvideocam

Alibaba Group Holding founder Jack Ma says the company is made of “an idealistic spirit”. Photo: Handout

Ant Group to hold new round of dividend payments to shareholders

This would mark the third round of dividend payments by Ant Group, following two previous rounds in December and March 2022.

10 Sep 2024 - 8:49PM

Alibaba rally, China export surprise lift Hong Kong stocks

Hong Kong stocks edged up on an Alibaba rally and strong export data from China, while mainland developers tumbled.

10 Sep 2024 - 4:43PM

Alibaba to join Stock Connect plan in major boost for equity market

The decision could attract as much as US$12 billion of domestic funds to the beaten-down stock, according to one forecast.

9 Sep 2024 - 8:20PMvideocam

China’s new AI app stirs dreams of Iron Man’s virtual assistant becoming reality

Fintech giant Ant Group entered Jarvis-like territory when it launched AI app Zhixiaobao, a new smart assistant designed for everyday use.

7 Sep 2024 - 4:51PM

Speculation on how Jarvis, the fictional AI assistant of Iron Man, can be realised in China shows the lofty ambition of mainland developers. Photo: Shutterstock

Huawei Cloud reshuffles leadership team as competition mounts

The cloud unit, which develops AI solutions and infrastructure, has been a main growth driver for Huawei.

6 Sep 2024 - 11:37PM

Alibaba.com launches credit card for use on wholesale marketplace

The Alibaba.com Business Edge Credit Card, available in the US, rewards businesses for sourcing from suppliers on the platform.

6 Sep 2024 - 7:30PM

Alibaba merchants hail WeChat Pay adoption on Taobao and Tmall

Many hope that the move could lure more consumers from rival platforms that already accept a variety of payment methods.

6 Sep 2024 - 7:00AMvideocam

Alibaba’s Taobao and Tmall will start making WeChat Pay available for merchants next week. Photo: Shutterstock

Chinese unicorn Zhipu AI raises new funding from state-backed investor

State-backed investment vehicle Zhongguancun Science City Innovation Development estimates Zhipu AI’s value at around US$2.8 billion.

5 Sep 2024 - 5:00PM

A crowd gathers at Zhipu AI’s exhibition space during the World Artificial Intelligence Conference in Shanghai. Photo: Zhipu AI

Fintech giant Ant Group launches AI personal assistant app in China

Zhixiaobao, a play on the Chinese name for Alipay, helps users with daily tasks such as ordering meals or hailing taxis through text or voice prompts.

5 Sep 2024 - 3:44PM

WeChat Pay comes to Taobao: Alibaba and Tencent bury the hatchet

Alibaba is soliciting feedback from merchants about accepting China’s second-largest mobile payments network on the country’s largest e-commerce sites.

4 Sep 2024 - 7:49PMvideocam

Alibaba sets up new ‘digital technology’ firm under Taobao and Tmall Group

The new outfit appears to reflect how TTG could pursue further business expansion or sharpen its focus on certain activities.

4 Sep 2024 - 9:00AM

The new firm, Hangzhou Taobao and Tmall Digital Technology Co, will be involved in a wide range of businesses. Photo: Shutterstock

Pinduoduo updates rules to kick out sellers of shoddy products

A PDD executive said in a recent post-earnings call that the company is willing to sacrifice short-term profits for long-term health.

3 Sep 2024 - 9:30PM

Alibaba-backed e-wallet operator buys Ant Bank Macao

The acquisition makes Ant Bank Macao an indirect subsidiary of AGTech, while Ant Group remains the bank’s second-largest shareholder.

3 Sep 2024 - 8:00PM

My Take | Beijing’s ‘anti-involution’ stance looks to tame e-commerce sector, price wars

Major online retail platforms are expected to make changes on algorithms, policies and charges that have fanned excessive competition.

3 Sep 2024 - 7:00AM

Amid weakened consumer spending, a property slump and ageing population, competition among e-commerce platforms to woo buyers has become brutal. Photo: Shutterstock

Chinese AI ‘tiger’ MiniMax launches text-to-video-generating model

Video-01 is the first iteration of the firm’s Sora-like tool, with future updates expected to enable users to generate videos from images.

6 Sep 2024 - 3:50PM

Chinese tech firms have been making aggressive moves into the nascent market segment for text-to-video-generating tools. Photo: Shutterstock

PDD returns some service fees to sellers after US$1.4 bln pledge

Sellers had been displeased that service fees were non-refundable even when customers cancelled an order.

1 Sep 2024 - 10:00AM

China approves 117 video games, the most in 2024, amid Black Myth: Wukong mania

The National Press and Publication Administration has licensed a total of 850 domestic titles in the first eight months of this year, compared with 609 in the same period in 2023.

31 Aug 2024 - 5:50PM

The Google of Web3? Ant’s Zan blockchain plans to make it happen

The head of the year-old blockchain venture says he aims to leverage Hong Kong’s supportive environment to build a critical Web3 services company.

31 Aug 2024 - 11:30AM

Ant Group launches its Zan blockchain project with the with venture’s former CEO Zhang Hui at the Inclusion conference in Shanghai in September 2023. Photo: Handout

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

The State Administration for Market Regulation praised Alibaba for its compliance with the antitrust authority, giving the firm full recognition.

31 Aug 2024 - 7:10PMvideocam

Signage at the Alibaba Group Holding headquarters in Hangzhou on August 2, 2024. Photo: Bloomberg

JD.com lures overseas Chinese shoppers with faster shipping

The e-commerce giant promises shipments to US, Japan and Singapore-based customers in as little as five days.

29 Aug 2024 - 7:30PM

Goodbye slow boat to China: Alibaba logistics arm launches next-day delivery

Through a new route from the Hong Kong airport to Zhuhai, online purchases can reach buyers in Shanghai, Zhejiang and Jiangsu as fast as one day.

29 Aug 2024 - 5:19PM

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Alibaba

阿里巴巴集团

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.

Chairman / President

Joe C. Tsai