alibaba group
Ant International appoints US basketball star Sabrina Ionescu as global ambassador
The four-time WNBA All-Star will boost Ant's global footprint and youth appeal beyond Asia.
China ecommerce titans show growth without profit in Q2: JD, Meituan, Alibaba under pressure
Intense competition in China’s delivery market means revenue gains come at the cost of falling profits.
Alibaba pledges 'aggressive' AI investment, reports fastest growth in a year
Revenue jumped 8% as Alibaba's AI-driven strategy paid off. A surge in investor confidence has sent its share price soaring over 60% since the start of the year.
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Alibaba, Tencent beat forecasts with strong results
Both Chinese tech giants continue to record robust growth. Meanwhile, Tencent's market capitalisation is already more than double that of Alibaba’s.
Daniel Zhang suddenly exits Alibaba Group as new chairman and CEO takes over
In a surprise move, Zhang has resigned as head of Alibaba's Cloud Intelligence Group, after stepping aside from his position as chairman and CEO earlier this year.
Alibaba Group names new chairman and CEO
In a surprise succession plan, Alibaba has announced a new chairman and chief executive to replace Daniel Zhang. The e-commerce major has been struggling to bounce back post-Covid.
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