Alibaba’s 'instant commerce' venture crosses 40 mn daily orders: All you need to know
Fp Staff • 10 months agoThe achievement is Alibaba's latest in China’s rapidly evolving "instant commerce" market-- where items ranging from groceries to electronics are delivered in as little as 1 hour
Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
Tech • 1 year agoAlibaba's cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive quarters, recording triple-digit growth
How Alibaba came to dominate China's AI scene
Fp Staff • 1 year agoAlibaba's surge has outpaced China’s other tech giants, including Tencent, Baidu, and JD.com, making Alibaba the best-performing Big Tech stock in China so far in 2025. The rally has been fuelled by optimism over its AI ambitions
Apple teams up with Alibaba to bring its AI services to Chinese users, awaiting govt approval
Fp Staff • 1 year agoApple and Alibaba have already submitted their jointly developed AI features for regulatory approval, and hope to integrate them into future iOS updates soon. If approved, this partnership could help Apple regain lost ground in China, where iPhone sales have been struggling since 2024
China is lagging by at least two years in AI race, claims Alibaba chairman Joe Tsai
Fp Staff • 1 year agoChina is lagging severely when it comes to AI, by at least two years against its western counterparts said Alibaba's chairman Joe Tsai. He went on to say that part of China's lag in the AI sector to the stringent US restrictions on exporting AI chips to China
China’s Big Tech firms like TenCent, Alibaba are buying up lots of properties following real estate crash
Fp Staff • 2 years agoSome of the biggest tech companies in China are buying up a lot of land in mainland China, following the real estate crash in the country. These include Tencent, Alibaba and MiHoYo, the gaming studio that developed Genshin Impact
Vantage | What Jack Ma's big bet on Alibaba says about Beijing
The Vantage Take • 2 years agoThe move not only reflects confidence in Alibaba but also serves as a testament to Jack Ma's enduring influence in the business world
No More Add to Cart: Why China’s Singles Day is losing its sheen
Fp Explainers • 2 years agoSingles' Day in China is the world's largest shopping occasion, peaking annually on 11 November. However, this year, experts predict a tepid response. This is largely because of the Communist nation's wobbly economy, more complicated terms, and less sincere discounts and promotions
Vantage | Why Israel has gone missing from China's maps
The Vantage Take • 2 years agoChina's view of Israel is often coloured by its perceived alliance with America, which may explain why it is not seen as a friend of China
Chinese e-commerce giant Alibaba lands in spy probe in Belgium
Fp Staff • 2 years agoThe presence of Alibaba "still constitutes a point of attention" for the VSSE, it said, due to legislation which obligates Chinese companies to share data with Chinese authorities and intelligence services