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Alibaba

Baidu claims 200 million users for Ernie chatbot, in sign that generative AI investments are paying off

by Anas Siddiqui
Baidu claims 200 million users for Ernie chatbot, in sign that generative AI investments are paying off

Baidu’s artificial intelligence (AI) chatbot Ernie Bot has attracted over 200 million users, according to company co-founder and chief executive Robin Li Yanhong, as the race to commercialise AI heats …

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Sephora turns to Nike e-commerce executive to overhaul China business

by Lionel Rogers
Sephora turns to Nike e-commerce executive to overhaul China business

By Bloomberg Published Apr 15, 2024 Sephora tapped Nike Inc.’s Asia e-commerce chief to lead its China operations, as the cosmetics retailer faces the challenge of turning around its ailing …

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Jack Ma steps into ‘mistakes’ brouhaha to boost Alibaba’s morale, urges staff to embrace change and prepare for AI to upend e-commerce

by Anas Siddiqui
Jack Ma steps into ‘mistakes’ brouhaha to boost Alibaba’s morale, urges staff to embrace change and prepare for AI to upend e-commerce

Alibaba Group Holding has fundamentally changed its corporate culture to put customers first in its adaptation of technology, its co-founder Jack Ma wrote, as he stepped into a social media …

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Hong Kong taxis to join modern world as digital payment platform wins approval from Transport Department

by Anas Siddiqui
Hong Kong taxis to join modern world as digital payment platform wins approval from Transport Department

Hong Kong fintech company Wonder has won approval from the city’s Transport Department for its effort to bring digital payments to Hong Kong’s 18,000-odd taxis, the vast majority of which …

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Alibaba Cloud cuts prices again, this time for international customers as AI generates surging demand

by Anas Siddiqui
Alibaba Cloud cuts prices again, this time for international customers as AI generates surging demand

Alibaba Group Holding’s cloud computing unit has slashed prices for international customers by up to 59 per cent, as the tech giant fights to woo users amid a global race …

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Alibaba Group steps up stock buy-back in Hong Kong, New York as e-commerce rivalry, earnings outlook worry investors

by Anas Siddiqui
Alibaba Group steps up stock buy-back in Hong Kong, New York as e-commerce rivalry, earnings outlook worry investors

Alibaba Group Holding, China’s biggest e-commerce platform operator, said it bought back US$4.8 billion worth of its own shares in Hong Kong and New York last quarter, marking the most …

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Alibaba’s AliExpress eyes European success with Euro2024 football sponsorship, after rival Temu cracked US market with Super Bowl ads

by Anas Siddiqui
Alibaba’s AliExpress eyes European success with Euro2024 football sponsorship, after rival Temu cracked US market with Super Bowl ads

Alibaba Group Holding’s international e-commerce platform AliExpress is betting on a European market breakthrough by sponsoring this year’s European Football Championship, or Euro 2024, a move that comes after its …

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Alibaba-controlled hypermarket operator Sun Art appoints new CEO amid restructuring and rising competition

by Anas Siddiqui
Alibaba-controlled hypermarket operator Sun Art appoints new CEO amid restructuring and rising competition

Sun Art Retail Group, controlled by Alibaba Group Holding, has appointed a new chief executive as the e-commerce giant continues to consolidate its retail assets amid a restructuring and rising …

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Alibaba’s Taobao cuts fees for merchants and subsidises content as it seeks to protect its market lead, reports say

by Anas Siddiqui
Alibaba’s Taobao cuts fees for merchants and subsidises content as it seeks to protect its market lead, reports say

Alibaba’s Taobao cuts fees for merchants and subsidises content as it seeks to protect its market lead, reports say Taobao, the main e-commerce platform of Alibaba Group Holding, has decided …

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Alibaba suspends operations at LST platform as consolidation moves continue apace

by Anas Siddiqui
Alibaba suspends operations at LST platform as consolidation moves continue apace

The platform will continue to process orders that have already been placed as well as provide after-sale services, according to the LST message. Alibaba brings 5-day delivery to the US …

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