With the plan finalized earlier this year and modest compared with U.S. hyperscalers' AI capex trajectories, it underscores ...

Alibaba is to split into its Cloud Intelligence Group, Taobao Tmall Business Group, Local Services Group, Global Digital Business Group, Cainiao Smart Logistics and Digital Media and Entertainment ...

Context: The restructuring follows Eddie Wu’s appointment as Alibaba CEO in September 2023, when he outlined a strategy focused on “user-first” principles and AI-driven innovation. Despite its ...

Cainiao Smart Logistics Network, a unit of Alibaba Group, has launched next-day delivery services in Europe for €2 and plans to develop global e-commerce hubs.

FILE – The logo of Chinese technology firm Alibaba is seen at its office in Beijing on Aug. 10, 2021. The CEO of Chinese e-commerce and financial giant Alibaba said Thursday that the company is ...

China e-commerce giant Alibaba outlines future strategy by: ZEN SOO, Associated Press Posted: Mar 30, 2023 / 06:08 AM EDT Updated: Mar 30, 2023 / 06:13 AM EDT ...

FILE – The logo of Chinese technology firm Alibaba is seen at its office in Beijing on Aug. 10, 2021. The CEO of Chinese e-commerce and financial giant Alibaba said Thursday that the company is moving ...

China e-commerce giant Alibaba outlines future strategy by: ZEN SOO, Associated Press Posted: Mar 30, 2023 / 05:08 AM CDT Updated: Mar 30, 2023 / 05:13 AM CDT ...

Alibaba plans to spin off some of its sprawling e-commerce and finance empire as independent businesses to make them more flexible and maximize their value, its top executives said Thursday, as ...