Chinese online marketplace Alibaba Group has decided to divest its department store subsidiary, Intime, in a transaction resulting in a substantial loss of $1.3bn. The move is part of the company ...

Discover Alibaba's AI-driven growth potential with Qwen LLM, margin expansion, and equity gains amid China's macro trends.

Apple is reportedly partnering with Chinese e-commerce giant Alibaba to roll out Apple Intelligence features for iPhones in China.

Alibaba Group has announced it will sell its Chinese department store chain, Intime, in a deal worth $1.02b (7.4b yuan), Reuters reported. The sale will result in a $1.3b loss as Alibaba shifts ...

Apple (AAPL) is working with Alibaba (BABA) to bring artificial intelligence features to iPhones in China, The Information ...

Alibaba (BABA) has agreed to sell its Intime department store business to Youngor Fashion for around $1B, Bloomberg reports. The sale is part of an effort by Alibaba to offload non-core assets ...

Alibaba is figuring out how to react to the popularity of DeepSeek in China. Rumors surfaced this morning that Alibaba will invest $1 billion in DeepSeek. Alibaba, however, says these rumors are ...

Alibaba stock is higher Wednesday after the Chinese conglomerate said its updated AI model outperforms DeepSeek and other ...

Alibaba (BABA) shares soared 6.2% in the last trading session to close at $102.74. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares ...

Alibaba Group, often dubbed the “Amazon of China,” has long been a dominant player in the e-commerce and technology sectors. While it shares similarities with Amazon, especially in its diverse ...

(Reuters) -Alibaba Group said on Tuesday it would sell its Chinese department store unit Intime and book a $1.3 billion loss from the deal, as the retail giant reshuffles its business portfolio to ...