Casey Hall
Stories by Casey Hall
Temu parent PDD beats estimates as online discounts boost sales
Domestic Chinese revenue also outstripped growth at rivals Alibaba and JD.com.
Alibaba’s research arm closes quantum computing lab amid overhaul
The closure of the lab is the latest internal change at Alibaba.
Alibaba’s Taobao, Tmall cancel Dec 12 shopping festival, to host substitute event
Analysts saw Alibaba's focus on discounts this year as an attempt to fight back against rivals
Alibaba’s top exec shares post to quell staff concern over Jack Ma’s share sale
Alibaba lost $20b in market value on Friday after it scrapped plans to spin off its cloud and groceries businesses.
Alibaba scraps cloud business spin-off citing US chip export ban
The group would focus on growing the cloud business and providing investment for its AI drivers instead.
China’s Singles Day sales festival wraps up with e-commerce firms reporting sales growth
While Alibaba Group saw y-o-y growth, its rival JD.com reported sales volumes at a record high.
Alibaba banks on aggressive Singles Day pricing to boost sales
The strategy points to how Alibaba is fighting back against rivals such as Douyin and PDD Holdings' Pinduoduo.
Low-cost e-commerce rivals Shein and Temu apply to end US court cases
It is not clear if any settlement has been made.
Alibaba opens AI model Tongyi Qianwen to the public
Authorities in China have recently accelerated efforts to support companies developing AI.
Alibaba to promote young employees to top management to retain “startup mindset”
New Group CEO Eddie Wu said the tech giant's focuses would be "user first" and "AI-driven".