Alibaba sold its 73.66% stake in Sun Art to DCP Capital for US$1.6bn, reflecting a shift away from its New Retail strategy. Read why I'm bearish on BABA stock.
Alibaba reshuffles commerce business, faces market share losses in China, AI growth opportunity yet to boost cloud ...
Private equity firm DCP Capital has agreed to acquire Alibaba’s majority stake in Sun Art, which operates the RT-Mart chain ...
We recently published a list of 8 Best Low Volatility Stocks To Buy Right Now. In this article, we are going to take a look ...
Alibaba cuts prices on large language models by up to 85% amid fierce competition in Chinese market, while investing in AI ...
Alibaba Group Holding's cloud computing business is collaborating with Chinese start-up 01.AI to develop artificial ...
The latest trading session saw Alibaba (BABA) ending at $84.95, denoting a +0.19% adjustment from its last day's close. The stock's performance was ahead of the S&P 500's daily loss of 0.22%.
Alibaba Group Holding is pushing further into the expanding market for artificial intelligence (AI) hardware through a new ...
The first trading day of 2025 is here, and investors are expecting a chaotic start. After a volatile close to 2024, global ...
Alibaba Cloud’s rivals in the Chinese AI market include the likes of Tencent Holdings Ltd., Baidu Inc., JD.Com Inc., Huawei Technologies Co. Ltd. and ByteDance, which is the parent company of ...
Alibaba Cloud, the cloud computing arm of Alibaba Group Holding, has given users of its visual reasoning artificial ...