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Tags : Alibaba


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Alibaba to invest $50b in AI, cloud

Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting president Xi Jinping...

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Alibaba posts 8pc quarterly sales growth

Chinese technology and e-commerce giant Alibaba on Thursday reported robust sales growth in its latest quarter, beating analyst expectations as Beijing looks to revive faith in the private sector...

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Alibaba’s quarterly profit shrinks

Chinese e-commerce giant Alibaba reported a 29 per cent fall in quarterly profit on Thursday as it battles sluggish consumption during an economic slowdown.

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Cos pay record amount as dividend: report

Companies paid out a record amount of money in dividends to shareholders in the first quarter of 2024 as Alibaba and Meta made the their first-ever payments, a report said Thursday...

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