Alibaba Group Holding Ltd. will open a second data center in South Korea by the end of June, accelerating its ...

China's largest mid-year shopping festival, 618, ended on Wednesday with record sales, though daily spending dropped amid an ...

Alibaba's focus on AI investments, cloud growth, and strategic assets highlight long-term potential and undervaluation. Read ...

The new site is part of Alibaba's 380 billion yuan investment in AI and cloud infrastructure announced earlier this year. A ...

This was the ADR's second consecutive day of losses.

The company’s AI service clients in South Korea include Naver-backed messaging app Snow and AI solutions provider Univa.

The move comes as Alibaba faces intensifying competition at home and pivots aggressively to AI. CEO Eddie Wu said in February ...

A recent survey performed by Deloitte indicates that 44% of U.S. residents under the age of 34 would be willing to not own a ...

In fact, Loop Capital analyst Fawne Jiang decided to place a new valuation on Alibaba stock as of mid-May 2025. Considering that the company now trades in an official bear market according to Wall ...

MiniMax raised US$600 million last year in a financing round that valued it at about US$2.5 billion at the time.

Alibaba Cloud, the cloud computing arm of Alibaba Group (HK:9988, NYSE:BABA), is expanding its presence in South Korea with a ...

Li, who holds a PhD in Computer and Information Sciences, has taken a pivotal role leading speech AI research at the ...