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Alibaba’s $10 Billion AI Bet Sends Hong Kong Shares Lower Despite Strong Investor Demand

Rogers BillAugust 24, 2026August 24, 2026

by Rogers BillAugust 24, 2026August 24, 20260

HONG KONG — Alibaba Group shares fell sharply in Hong Kong after the Chinese technology giant raised $10.2 billion through a discounted sale of new stock to fund...

AI

Are Alibaba’s Quark AI Glasses the Next Big Thing After Smartphones?

Rogers BillNovember 27, 2025November 27, 2025

by Rogers BillNovember 27, 2025November 27, 20250

Perfectly exemplifying Alibaba’s dedication to advancing consumer-facing machine learning capabilities on an unprecedented scale, Quark AI Glasses have firmly cemented Alibaba’s position as a lead...

Internet News Technology

Alibaba’s Ma sees $1 trillion in transactions in five years

YoopyaJune 11, 2015July 1, 2023

by YoopyaJune 11, 2015July 1, 20230

Chinese e-commerce company Alibaba Group Holding Ltd is aiming to more than double its transaction volumes to more than $1 trillion in five years, Executive...

Internet Technology

Alibaba’s latest gambit in fighting fakes: foster local brands

YoopyaMay 25, 2015July 2, 2023

by YoopyaMay 25, 2015July 2, 20230

Criticized and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been...

Internet News Technology

Alibaba’s Jack Ma dethroned as China’s richest by solar magnate: report

YoopyaFebruary 3, 2015July 3, 2023

by YoopyaFebruary 3, 2015July 3, 20230

(Reuters) – Alibaba Group Holding Ltd’s Jack Ma is no longer China’s richest man, according to a report on Tuesday, with the top spot snatched...

Business Finance

Alibaba IPO ranks as world’s biggest after additional shares sold

YoopyaSeptember 22, 2014June 15, 2023

by YoopyaSeptember 22, 2014June 15, 20230

(Reuters) – Alibaba Group Holding Ltd’s initial public offering now ranks as the world’s biggest in history at $25 billion, after the e-commerce giant and...

Internet News Technology

Technology: Billionaire JD.com founder lines up next challenge: beating Alibaba

YoopyaJune 19, 2014July 16, 2023

by YoopyaJune 19, 2014July 16, 20230

(Reuters) – With an iron grip, JD.com Inc founder Richard Liu has dragged China’s number two online retailer from a Beijing backwater to a rich...

Internet Technology

Technology: Alibaba Group seeking U.S. listing in third-quarter: sources

YoopyaMarch 15, 2014September 16, 2023

by YoopyaMarch 15, 2014September 16, 20230

(Reuters) – China’s e-commerce giant Alibaba Group Holding Ltd is planning a U.S. IPO in the third quarter of this year, people familiar with the...

Internet Technology

Alibaba growth slows ahead of IPO

YoopyaJanuary 29, 2014November 29, 2023

by YoopyaJanuary 29, 2014November 29, 20230

Alibaba saw annual growth in revenue and profits decelerate sharply in the latest quarter, denting confidence as the Chinese e-commerce group prepares to launch an...

Internet News Scie/Tech news Technology

Alibaba rival JD.com to top sales target as Chinese shoppers flock to Internet

YoopyaDecember 23, 2013February 2, 2024

by YoopyaDecember 23, 2013February 2, 20240

(Reuters) – JD.com, China’s second-largest e-commerce site, is set to exceed 100 billion yuan ($16.47 billion) in annual sales for the first time in a...