alibaba

Alibaba Group Holding Limited, also known as Alibaba Group and as Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology.

Ant Group Earnings Fall 19% Amid Digital Wallet Efforts
Ant Group Earnings Fall 19% Amid Digital Wallet Efforts
May 14, 2024  |  Earnings

Ant Group’s profits have dropped 19% as the Chinese FinTech expands its digital wallet offering. A report Tuesday (May 14) by Bloomberg News breaks down the...

READ MORE >
Alibaba Offers Deep Cloud Discounts Amid AI Boom
Alibaba Offers Deep Cloud Discounts Amid AI Boom
April 08, 2024  |  Technology

Chinese conglomerate Alibaba is reportedly offering steep price cuts to its cloud customers. These markdowns — as high as 59% and aimed at customers from the U.S. to Singapore...

READ MORE >
Ant Group Profit Drops 92% Amid Economic Downturn, Regulatory Scrutiny
Ant Group Profit Drops 92% Amid Economic Downturn, Regulatory Scrutiny
February 07, 2024  |  Earnings

Ant Group reportedly saw a 92% decline in its quarterly profit. The FinTech company continues to face challenges in reviving its business amid an economic...

READ MORE >
Report: Alibaba Gauges Potential Buyers’ Interest in Brick-and-Mortar Businesses
Report: Alibaba Gauges Potential Buyers’ Interest in Brick-and-Mortar Businesses
February 02, 2024  |  Retail

Chinese tech giant Alibaba Group is reportedly considering selling several of its brick-and-mortar businesses, including grocery business Freshippo, retailer RT-Mart and shopping mall operator Intime....

READ MORE >
Chinese Retailers Discount iPhones as Sales Volume Declines
Chinese Retailers Discount iPhones as Sales Volume Declines
January 18, 2024  |  Apple

As the Lunar New Year approaches, major online retailers in China are offering significant discounts on iPhone models. Alibaba’s Tmall and JD.com are among them. Apple, facing tough competition from...

READ MORE >
Shein Remains at Top of Provider Ranking of Shopping Apps for Sixth Consecutive Month
Shein Remains at Top of Provider Ranking of Shopping Apps for Sixth Consecutive Month
January 17, 2024  |  Shopping

Valentine’s Day is less than a month away, and if you’re on the lookout for something special for your sweetie, PYMNTS is here to help....

READ MORE >
Alibaba.com to Add Instant Help Feature to AI-Powered Smart Assistant
Alibaba.com to Add Instant Help Feature to AI-Powered Smart Assistant
January 09, 2024  |  artificial intelligence

Alibaba.com will soon add an Instant Help feature to its artificial intelligence (AI) global sourcing tool called Smart Assistant. The new Instant Help feature will...

READ MORE >
Shein Stays at No. 1 in Latest Provider Ranking of Shopping Apps
Shein Stays at No. 1 in Latest Provider Ranking of Shopping Apps
December 12, 2023  |  Shopping

The holidays are right around the corner, and holiday shopping is in full swing. This edition of PYMNTS’ Provider Ranking of Shopping Apps is here...

READ MORE >
This Week in AI: Accelerationism, AGI and the Law
This Week in AI: Accelerationism, AGI and the Law
November 17, 2023  |  artificial intelligence

What could you do by your first birthday? Chances are — not much, beyond maybe walking and gurgling a word or two. For generative artificial...

READ MORE >