Alibaba's latest earnings exceeded expectations, with notable growth in cloud and digital commerce, driven by AI-related ...
Cofounder Jack Ma, who stepped down as Alibaba chairman in 2019 but still partially derives his wealth from a stake in the company, added almost $1 billion to his net worth, making him one of the ...
His stake in the company has swelled to around 7 million shares worth about $1 billion, The Wall Street Journal reported. The report said that Cohen has been in private discussions with Alibaba ...
Alibaba & JD.com could thrive amid China's economic stimulus. Learn about their growth, profitability & potential to ...
In recent months, he has grown his personal stake in Alibaba to roughly $1 billion, or about 7 million shares, according to people familiar with the matter.
Adjusted net profit hit RMB51.07 billion ($7.01 billion), a 6% increase, signaling that Alibaba's aggressive push ... The company repurchased $1.3 billion worth of stock last quarter, shrinking ...
Chinese tech giant Alibaba said its latest AI reasoning model, QwQ-32B, "rivals cutting-edge reasoning model, e.g., DeepSeek-R1." Both established and emerging AI players around the world are ...
Chinese tech firm and online retail giant Alibaba posted better-than-expected numbers for its December quarter. The company reported net income of $6.72 billion, up year over year from $1.98 ...
Chinese tech titan Alibaba posted a startling 239% year-over-year jump in net profit in the final quarter of 2024. CEO Eddie Wu attributed that shiny result to growth in the company's cloud ...
Chinese AI startup DeepSeek is considering outside funding for the first time, which has drawn interest from Chinese tech giant Alibaba (BABA ... It is also worth noting that DeepSeek’s founder ...
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