Chinese e-commerce giant Alibaba has announced a $53 billion investment over the next three years to strengthen its artificial intelligence (AI) infrastructure. The move positions the...
Jack Ma, the founder of Alibaba, one of China’s largest tech giants, has had a rollercoaster journey over the past few years. Ma’s story is one...
China slapped a record $2.8 billion fine on Alibaba Group Holding Ltd. after an anti-monopoly probe found it abused its market dominance, as Beijing clamps down on its...
Jack Ma Reportedly Missing After Criticizing Chinese Government Jack Ma, China’s richest man and the founder of Alibaba Group, is reportedly missing after criticizing the Chinese...
Alibaba Shares Drop 9 Percent Despite $10 Billion Buyback Programme Investors are dumping their Alibaba shares fast despite the e-commerce company increasing its shares buyback programme...
Singles Day 2020 was a roaring success, cementing its position as the world’s biggest shopping holiday. Sales across Alibaba’s platforms during the event totaled $74.1 billion,...