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 ...

Alibaba Group has launched a new version of its AI assistant app that will be powered by its own flagship Qwen AI reasoning ...

Alibaba (NYSE:BABA) to sell its stake in department store chain Intime to a consortium of buyers including Youngor Fashion for approximately $1 billion, making a large loss on the sale.

The news comes on the heels of news that HTC is expanding the scope of its Vive virtual reality platform with the debut of a virtual Alibaba store. The two developments evince a stalwart ...

Chinese e-commerce and cloud giant Alibaba stock surged nearly 8% in Thursday’s trading after the company delivered better-than-expected Q3 results (fiscal year ends in March), propelled by ...

Unitree Robotics, a Chinese robotics company, has launched an official store on Alibaba's AliExpress, listing several ...

Billionaire investor Ryan Cohen has grown his personal stake in Chinese e-commerce giant Alibaba Group to roughly $1 billion in recent months, the Wall Street Journal reported Thursday ...

Alibaba Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years, in China's largest ...

Alibaba (NYSE:BABA) just dropped a bombshell: it's pouring $52.4 billion into AI and cloud computing over the next three yearsmore than it spent on the sector in the past decade combined ...

Chinese tech company Alibaba (NYSE:BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the ...