Search results for "alibaba"

Chinese e-commerce giant Alibaba has posted strong results for the last quarter of 2020. The company founded by Jack Ma saw revenues up 37% against the same quarter of 2019 to 221bn yuan ($34.2bn, £25bn). But...

Chinese giant Alibaba Group Holdings Limited has announced that it has contributed nearly. 3.4 billion RMB to support the global fight against Covid-19, including RMB 2.76 billion from the Alibaba Group and RMB 593 million from...

Chinese billionaire and Alibaba co-founder Jack Ma has pledged to donate two million protective masks for distribution across Europe, with a first consignment arriving in Belgium late on Friday. A cargo plane loaded with 500,000 masks...

China’s Alibaba Group Holding Ltd reported a better-than-expected 40% rise in second-quarter revenue on Friday, powered by strong growth in its e-commerce and cloud computing businesses. The results come as the company gears up for its...

Alibaba Group Holdings Ltd said on Wednesday it has developed a new chip that specializes in machine-learning tasks and which will be used to enhance services for its cloud computing division. Called Hanguang 800, the company’s...

China’s Alibaba Group Holding Ltd on Tuesday said its voice-controlled assistant will feature in local vehicles from Audi AG, Renault SA and Honda Motor Co Ltd, as the tech giant expands in artificial intelligence. The Tmall...

Alibaba is considering raising as much as $20 billion through a listing in Hong Kong, people familiar with the matter told Reuters, lining up a second blockbuster deal following its 2014 record $25 billion float in...

Chinese e-commerce giant Alibaba filled a record $30.7 billion in orders on Sunday during its annual “Singles Day” shopping frenzy, but growth slowed from previous years. The world’s biggest 24-hour shopping event, celebrating its tenth year,...

China’s Alibaba Group Holding Ltd reported lower-than-expected quarterly revenue on Friday, another sign of slowing momentum for China’s giant e-commerce platforms and its economy. Alibaba’s stock has fallen more than 12 percent this year, weighed down...

China’s largest e-commerce firm, Alibaba Group Holding Ltd has joined forces with a state fund and two technology firms in Russia, hoping that access to their client base of more than 100 million people will boost...