Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba Group Holding Ltd.'s U.S.-listed stock fell more than 10% on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and ...
Alibaba Group plans to invest more than $52 billion on AI and cloud infrastructure over the next three years, in a bid to seize more opportunities in the artificial-intelligence era.
The sell-off in Chinese equities, including a 4% decline in Baidu (NASDAQ: BIDU) and a 9% drop in PDD Holdings, was largely ...
China and Hong Kong stocks declined on Tuesday due to a sell-off in tech heavyweights and increased U.S. tariff risks. The ...
China and Hong Kong markets faced setbacks with key tech stocks dropping amid rising U.S. tariff concerns. The Hang Seng Tech ...
Alibaba Group Holding Ltd shares tumbled in US trading on Monday as President Donald Trump’s latest executive order stirred ...
U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans to invest more than $52 billion in artificial intelligence and cloud ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Chinese tech company Alibaba ( NYSE: BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in ...
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Alibaba announced plans to invest billions in AI infrastructure. Founder Jack Ma recently met with Chinese President Xi ...
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