Alibaba (NYSE:BABA) Soars as Investor Sentiment Shifts on …
WEB1 day ago · In this article: Alibaba Group Holding Limited (BABA) stock jumped 10% on Sep. 26 with investor sentiment improving toward Chinese tech stocks on the back of a series of Fiscal and monetary policy ...
Alibaba, JD and Meituan Surge After China Stimulus Announcement
WEB5 days ago · (Bloomberg) -- Alibaba Group Holding Ltd., JD.com Inc. and Meituan enjoyed their best trading days in years after the Chinese government announced measures to stimulate the troubled domestic economy. Consumer tech firms were swept up in a buying spree that extended across sectors on bets that Beijing’s wide-ranging new policies will …
China's Alibaba launches over 100 new open-source AI models, …
WEBSep 19, 2024 · Alibaba on Thursday released more than 100 open-source artificial intelligence models and boosted the capabilities of its proprietary technology. The Hangzhou-headquartered firm is looking to ...
Alibaba shares jump after founder Jack Ma reemerges with praise …
WEBApr 10, 2024 · Alibaba, whose business spans everything from e-commerce to cloud computing, has seen billions of dollars wiped off of its value in the past few years, thanks to tougher regulation from Beijing...
Alibaba raises $5bn for share buybacks as it warns of AI challenges
WEBMay 24, 2024 · Alibaba is raising $5bn from issuing convertible bonds, calling into question the Chinese ecommerce group’s ability to tap its huge cash piles to repurchase shares.
Alibaba Takes Step Toward Comeback as Growth Finally Returns
WEBAug 10, 2023 · Alibaba Group Holding Ltd. returned to growth across all its main divisions, defying China’s economic turbulence to take a first step toward a long-awaited comeback after more than a year of ...
Alibaba names new chairman and CEO in major shakeup
WEBJun 20, 2023 · Hong Kong CNN — Alibaba is replacing Daniel Zhang as chairman and CEO as the Chinese tech giant undergoes the biggest shakeup in its history. Joseph Tsai, executive vice chairman and a...
Alibaba leverages cloud business to become a leading AI investor …
WEBMay 12, 2024 · Alibaba has been leveraging its vast cloud computing infrastructure to become a leading investor in China’s generative artificial intelligence start-ups, offering them credits to use the scarce...
Alibaba Group CEO consolidates control of core businesses with …
WEBSHANGHAI, Dec 20 (Reuters) - Alibaba Group (9988.HK) said on Wednesday its chief executive would directly oversee its domestic e-commerce arm, with the unit's previous head turning her focus to...
Alibaba CEO to step down to focus on cloud business in surprise ...
WEBJun 20, 2023 · The logo of the Alibaba office building is seen in the Huangpu District in Shanghai, June 16, 2023. Alibaba Group said in a surprise announcement Tuesday Eddie Wu will succeed Daniel Zhang as its ...