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alibaba group news

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Alibaba chairman warns of AI data center construction bubble: What he said

Alibaba group logo is seen in this illustration taken, February 11, 2025.
Published on Mar 25, 2025 03:02 PM IST

Alibaba plans to invest $53 billion on AI infrastructure over next three years

Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China.
Published on Feb 24, 2025 11:19 AM IST

Apple's iPhones will use AI from Alibaba for Chinese market: Report

Joseph Tsai, chairman of Alibaba Group Holding Ltd., during the Asia Financial Forum in Hong Kong, China, on Tuesday, Jan. 14, 2025. The forum runs through Jan. 14.
Published on Feb 13, 2025 04:04 PM IST

SoftBank CEO inflates AI bubble; He once threatened to set himself on fire for…

So unusual is Masayoshi Son — known as “Masa” — that he is now the subject of two books, one by former Financial Times editor Lionel Barber and another by Alok Sama, a former president of Son’s telecommunications and technology giant Softbank Group International
Updated on Oct 27, 2024 01:09 PM IST

Alibaba to hire 2k graduates in China amid youth unemployment, eased regulations

The Alibaba Group logo is lit up at its office building in Beijing, China (Reuters/File)
Published on Aug 19, 2023 11:49 AM IST

China's Alibaba rolls out ChatGPT rival Tongyi Qianwen

The large language model — dubbed Tongyi Qianwen, roughly translated to “Truth from a Thousand Questions” — will be incorporated across all of Alibaba’s products and services in the “near future,
Updated on Apr 11, 2023 02:23 PM IST

Alibaba founder Jack Ma is living in Tokyo now: Report

Alibaba Group co-founder and executive chairman Jack Ma
Published on Nov 29, 2022 08:52 PM IST

Indonesian tech firm GoTo in talks with Alibaba, Softbank for stake sale

GoTo is gauging the interest of early backers including Alibaba Group Holding Ltd. and SoftBank Group Corp. for a managed sale of some of their shares to new investors
Published on Oct 21, 2022 10:29 AM IST

Jack Ma escapes Beijing’s crosshairs by giving up his power

Jack Ma, the co-founder and former executive chairman of Alibaba Group.
Published on Jul 29, 2022 04:16 PM IST

Alibaba seeks primary Hong Kong listing to court China investors

Alibaba seeks primary Hong Kong listing to court China investors
Published on Jul 26, 2022 07:04 AM IST

Alibaba increases share buyback size to record high $25 billion

The Alibaba Group 
Published on Mar 22, 2022 09:24 AM IST

Billionaire Alibaba founder Jack Ma reappears in Hong Kong: Report

Jack Ma, billionaire founder of Alibaba Group.
Published on Oct 13, 2021 11:50 AM IST

Alibaba fires manager accused of sexually assaulting employee

Alibaba will conduct company-wide training for the prevention of sexual harassment and launch a channel for staff to report incidents. REUTERS/Aly Song
Updated on Aug 09, 2021 11:47 AM IST

Alibaba health-backed LinkDoc files for US IPO

The company will list on the Nasdaq under the symbol 'LDOC'.
Published on Jun 15, 2021 03:58 AM IST

China's tech giants facing antitrust probe pledge to end unfair competition

Employees are reflected on a glass panel while walking past a logo at the Ant Group Co. headquarters in Hangzhou, China.
Published on Apr 15, 2021 02:51 PM IST

Alibaba shares rise as it plays down effects of record $2.78 billion fine

The government has cracked down on major Chinese tech platforms -- and Alibaba in particular -- over allegations of anti-competitive behaviour, misuse of consumer data and over-aggressive expansions.
Published on Apr 12, 2021 07:18 PM IST

China's crackdown on its powerful companies intensifies: Report

The $2.75 billion fine on Alibaba underscores the challenges ahead for companies, including global firms with operations in China, mainly in a tech sector that thrived during years of relatively laissez-faire market regulation.
Published on Apr 11, 2021 07:13 PM IST

China fines Alibaba record $2.75 billion for anti-monopoly violations

The SAMR ordered Alibaba to make "thorough rectifications" to strengthen internal compliance and protect consumer rights.
Updated on Apr 10, 2021 08:24 AM IST

China eyes record monopoly fine near $1 billion for Alibaba: Report

The logo of Alibaba Group is seen at its office in Beijing, China.
Published on Mar 12, 2021 10:51 AM IST

China issues new anti-monopoly rules targeting its tech giants

China has in recent months started to tighten scrutiny of its tech giants, reversing a once laissez-faire approach.
Published on Feb 07, 2021 06:25 PM IST

Alibaba rallies in credit market as dollar bond deal starts

The logo of Alibaba Group is seen at its office in Beijing, China.
Published on Feb 04, 2021 01:51 PM IST

Alibaba resumes plan for $5 billion bond after revenue gain

The logo of Alibaba Group is seen at its office in Beijing, China.
Published on Feb 03, 2021 10:32 AM IST

Alibaba beats quarterly revenue estimates on online boom

The logo of Alibaba Group is seen at its office in Beijing, China.
Published on Feb 02, 2021 05:58 PM IST

Deaths, self-immolation draw scrutiny on China tech giants

The viscera and lungs were sent for forensic examination to ascertain the cause of death and samples of the deceased were taken for Covid 19.
Published on Jan 17, 2021 12:10 PM IST

US decides against investing ban on Alibaba, Tencent and Baidu

The logo of Alibaba Group is seen at its office in Beijing, China.
Published on Jan 14, 2021 03:20 PM IST

Alibaba to be probed for antitrust charges

The Alibaba Group logo is seen during the company's 11.11 Singles' Day global shopping festival at their headquarters in Hangzhou, Zhejiang province, China.
Updated on Dec 25, 2020 05:21 AM IST

Key events leading to China’s investigation into Alibaba Group

Jack Ma, China’s richest man, said the financial and regulatory system stifled innovation and must be reformed to fuel growth.
Published on Dec 24, 2020 02:58 PM IST

Alibaba CEO says China’s draft anti-monopoly rules ‘timely and necessary’

Alibaba Group CEO Daniel Zhang (Zhang Yong) at the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 23, 2020.
Published on Nov 23, 2020 09:58 AM IST

Jack Ma blasts global financial regulators’ curbs on innovation

Founder of Alibaba group Jack Ma at a tech in Paris.
Published on Oct 25, 2020 03:24 PM IST