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.

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...

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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....

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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...

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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...

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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...

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Alibaba Jettisons Cloud Spin-Off Amid Focus on AI
Alibaba Jettisons Cloud Spin-Off Amid Focus on AI
November 16, 2023  |  Earnings

Chinese tech giant Alibaba says it will not spin off its cloud intelligence business. The decision, announced Thursday (Nov. 16) along with the company’s quarterly earnings, is apparently...

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Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
Man Gets 16-Year Prison Sentence in Alibaba IPO Fraud Case
November 10, 2023  |  Legal

A man was sentenced to nearly 16 years in prison for orchestrating a fraud related to Alibaba’s 2014 initial public offering (IPO). Frank Harold Rosenthal...

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Chinese AI Unicorn 01.AI Claims to Rival Meta’s Llama 2
Chinese AI Unicorn 01.AI Claims to Rival Meta’s Llama 2
November 06, 2023  |  artificial intelligence

Chinese artificial intelligence (AI) startup 01.AI has reportedly reached unicorn status less than eight months after launching. The company, founded by computer scientist and Google/Microsoft veteran Kai-Fu Lee,...

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Report: Alibaba Plans to Invest $2 Billion in Turkey
Report: Alibaba Plans to Invest $2 Billion in Turkey
September 18, 2023  |  Investments

Alibaba reportedly told Turkey’s president it plans to invest $2 billion in the country. Alibaba President Michael Evans made the remarks in a meeting with...

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