Alibaba Sales

The first batch of the t-shirts went on sale on a popular Chinese e-commerce platform Taobao, owned by Alibaba, within two hours of the attack.

Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-language models (LLMs) used to power generative artificial intelligence products, as a price war in the cloud computing sector heats up in China.

A US judge on Wednesday rejected Alibaba's bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of the popular children's toy Squishmallows on its online platforms.

Chinese e-commerce platforms including PDD Holdings' Pinduoduo and Alibaba's Taobao are offering deep discounts on Apple's latest iPhone 15 series, with some selling models up to CNY 900 ($123) below the retail price.

Some people have even claimed that they experienced improved cognitive abilities.

Tencent Holdings is cutting prices for cloud services by up to 40 percent from June amid similar moves from rivals that have plunged the sector into a price war. The fierce competition comes amid soft corporate demand, with the Chinese economy in the midst of a wobbly recovery since abandoning strict COVID-19 restrictions last year.

Alibaba, the Chinese e-commerce giant, has fired around 10,000 employees in three months, as per various reports. The company laid off 9,241 employees during the June quarter. Earlier in July, Alibaba announced plans to apply for a primary listing in Hong Kong opening up the firm to a vast pool of mainland China investors for the first time, report...

A hacker who has claimed to have stolen the data of a billion Chinese citizens has begun selling the data online. The alleged 23TB database was advertised on a forum late last month and picked up by cybersecurity experts this week. A sample of 7,50,000 entries shows citizens' names, mobile phone numbers, national ID numbers, addresses, birthdays an...

Tencent revenue grew just 8 percent in the fourth quarter, the slowest pace since it went public in 2004, reflecting regulatory scrutiny that has hurt both its gaming business and advertising sales.

Alibaba reported its slowest quarterly revenue growth since going public in 2014, hit by a drop in sales at its core business segment and intensifying competition.

Smart speaker and smart display global shipments registered a 10 percent year-over-year (YoY) growth despite component shortages, in Q3 2021 as per a report by Strategy Analytics. A total of 39.3 million units were shipped during the time period. Sales of smart speakers increased about 7 percent on a YoY basis, and sales of smart displays surged by...

China's top two livestreaming sales stars said they have suspended cooperation with French cosmetics giant L'Oreal over a dispute about prices during Alibaba Group's Singles Day shopping promotion earlier this month.

Other players in the cryptocurrency arena are also pulling away from China following its blanket ban on crypto trading.

Didi Global is considering going private to placate Chinese authorities and compensate investor losses since the ride-hailing firm listed in the United States, the Wall Street Journal reported on Thursday.

Paytm, which counts China's Alibaba and Japan's SoftBank as backers, will sell new shares and will also have an option to retain an over-subscription of up to one per cent

The first batch of the t-shirts went on sale on a popular Chinese e-commerce platform Taobao, owned by Alibaba, within two hours of the attack.

Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-language models (LLMs) used to power generative artificial intelligence products, as a price war in the cloud computing sector heats up in China.

A US judge on Wednesday rejected Alibaba's bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of the popular children's toy Squishmallows on its online platforms.

Chinese e-commerce platforms including PDD Holdings' Pinduoduo and Alibaba's Taobao are offering deep discounts on Apple's latest iPhone 15 series, with some selling models up to CNY 900 ($123) below the retail price.

Some people have even claimed that they experienced improved cognitive abilities.

Tencent Holdings is cutting prices for cloud services by up to 40 percent from June amid similar moves from rivals that have plunged the sector into a price war. The fierce competition comes amid soft corporate demand, with the Chinese economy in the midst of a wobbly recovery since abandoning strict COVID-19 restrictions last year.

Alibaba, the Chinese e-commerce giant, has fired around 10,000 employees in three months, as per various reports. The company laid off 9,241 employees during the June quarter. Earlier in July, Alibaba announced plans to apply for a primary listing in Hong Kong opening up the firm to a vast pool of mainland China investors for the first time, report...

A hacker who has claimed to have stolen the data of a billion Chinese citizens has begun selling the data online. The alleged 23TB database was advertised on a forum late last month and picked up by cybersecurity experts this week. A sample of 7,50,000 entries shows citizens' names, mobile phone numbers, national ID numbers, addresses, birthdays an...

Tencent revenue grew just 8 percent in the fourth quarter, the slowest pace since it went public in 2004, reflecting regulatory scrutiny that has hurt both its gaming business and advertising sales.

Alibaba reported its slowest quarterly revenue growth since going public in 2014, hit by a drop in sales at its core business segment and intensifying competition.

Smart speaker and smart display global shipments registered a 10 percent year-over-year (YoY) growth despite component shortages, in Q3 2021 as per a report by Strategy Analytics. A total of 39.3 million units were shipped during the time period. Sales of smart speakers increased about 7 percent on a YoY basis, and sales of smart displays surged by...

China's top two livestreaming sales stars said they have suspended cooperation with French cosmetics giant L'Oreal over a dispute about prices during Alibaba Group's Singles Day shopping promotion earlier this month.

Other players in the cryptocurrency arena are also pulling away from China following its blanket ban on crypto trading.

Didi Global is considering going private to placate Chinese authorities and compensate investor losses since the ride-hailing firm listed in the United States, the Wall Street Journal reported on Thursday.

Paytm, which counts China's Alibaba and Japan's SoftBank as backers, will sell new shares and will also have an option to retain an over-subscription of up to one per cent