Alibaba

Alibaba boosts share buy back as revenues miss estimates

Alibaba's net income was 10.7 billion yuan ($1.51 billion), a decrease of 77 percent

Alibaba unveils Tongyi Qianwen, an AI model similar to GPT

It will first be integrated into DingTalk, Alibaba's workplace messaging app and can be used to summarise meeting notes, write emails and draft business proposals. It will also be added to Tmall Genie, Alibaba's voice assistant

Alibaba joins global chatbot race

The announcement comes days after Chinese search giant Baidu said it would complete testing of its AI chatbot in March.

Daraz Group to reduce 11% of workforce

Daraz Bangladesh will also lay off dozens of employees as part of the plan of its mother organisation, Daraz Group

Alibaba keeps Singles Day sales tally under wraps for first time

Chinese e-commerce giant Alibaba has not released full sales figures for its annual Singles Day event for the first time ever, as a cooling economy dampened demand.

BYTES / It's official: Alibaba's Daraz finally enters the food delivery market of Bangladesh

Alibaba, the global e-commerce giant, officially enters the Bangladeshi food delivery scene through the acquisition of Hungry Naki in its locally invested venture, Daraz. The confirmation comes after both the parties entered negotiation in early December last year.

New era at Alibaba as Jack Ma rides into the sunset

Jack Ma steps aside as leader of the Alibaba Group, ending a spectacularly successful 20-year run during which the charismatic former English teacher's e-commerce company left a profound impact on China's economy.

Alibaba slams US treatment of Huawei

A senior Alibaba executive slams the United States’ treatment of China’s Huawei Technologies as “extremely unfair”, saying measures by the country to curb the firm’s access to their markets was “very politically motivated”.

Jack Ma, the ‘accidental entrepreneur’, to retire at 54

Alibaba's charismatic co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told the New York Times in an interview.

February 8, 2024
February 8, 2024

Alibaba boosts share buy back as revenues miss estimates

Alibaba's net income was 10.7 billion yuan ($1.51 billion), a decrease of 77 percent

April 11, 2023
April 11, 2023

Alibaba unveils Tongyi Qianwen, an AI model similar to GPT

It will first be integrated into DingTalk, Alibaba's workplace messaging app and can be used to summarise meeting notes, write emails and draft business proposals. It will also be added to Tmall Genie, Alibaba's voice assistant

February 9, 2023
February 9, 2023

Alibaba joins global chatbot race

The announcement comes days after Chinese search giant Baidu said it would complete testing of its AI chatbot in March.

February 7, 2023
February 7, 2023

Daraz Group to reduce 11% of workforce

Daraz Bangladesh will also lay off dozens of employees as part of the plan of its mother organisation, Daraz Group

November 12, 2022
November 12, 2022

Alibaba keeps Singles Day sales tally under wraps for first time

Chinese e-commerce giant Alibaba has not released full sales figures for its annual Singles Day event for the first time ever, as a cooling economy dampened demand.

March 4, 2021
March 4, 2021

It's official: Alibaba's Daraz finally enters the food delivery market of Bangladesh

Alibaba, the global e-commerce giant, officially enters the Bangladeshi food delivery scene through the acquisition of Hungry Naki in its locally invested venture, Daraz. The confirmation comes after both the parties entered negotiation in early December last year.

September 11, 2019
September 11, 2019

New era at Alibaba as Jack Ma rides into the sunset

Jack Ma steps aside as leader of the Alibaba Group, ending a spectacularly successful 20-year run during which the charismatic former English teacher's e-commerce company left a profound impact on China's economy.

January 25, 2019
January 25, 2019

Alibaba slams US treatment of Huawei

A senior Alibaba executive slams the United States’ treatment of China’s Huawei Technologies as “extremely unfair”, saying measures by the country to curb the firm’s access to their markets was “very politically motivated”.

September 9, 2018
September 9, 2018

Jack Ma, the ‘accidental entrepreneur’, to retire at 54

Alibaba's charismatic co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told the New York Times in an interview.

May 8, 2018
May 8, 2018

Alibaba buys e-commerce venture Daraz

Multinational e-commerce company Alibaba acquires Bangladesh’s one of the leading online commerce sites daraz.