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Alibaba

ByteDance-owned TikTok explores local services markets in Indonesia and Thailand

TikTok’s latest initiatives in Southeast Asia show how parent ByteDance is strategically expanding the social media platform’s revenue stream.

TikTok has initially enabled users in Indonesia and Thailand to obtain vouchers for restaurants, flights and hotels via links on their feeds

12 Jul 2024 - 8:41PM

Singapore-based ride-hailing service to enter Uber-dominated Hong Kong market

14 Jul 2024 - 4:35PM

Alibaba’s open-source AI model tops Chinese rivals, ranks 3rd globally

11 Jul 2024 - 8:00PM

China tech giants trail on renewable energy, and AI will set them back further

Alibaba, Tencent and Baidu took the top three spots in Greenpeace’s renewable energy scorecard for China’s cloud providers.

11 Jul 2024 - 3:23PMvideocam

China’s tech sector is expected to consume 782 billion kilowatt-hours of electricity by 2035, or about 5 to 7 per cent of national power consumption, according to Greenpeace. Photo: Xinhua

ByteDance, Alibaba, SenseTime top China’s generative AI infrastructure services market

High demand for these infrastructure services providers reflects how mainland China has swiftly become a world leader in the adoption of generative artificial intelligence.

10 Jul 2024 - 6:00PM

Alibaba.com signs NBA legend Tony Parker as brand ambassador

Advertisements featuring the basketball star will appear across the French capital during the Olympic Games.

10 Jul 2024 - 8:00AM

Alibaba bets on generative AI tools to help cross-border merchants, executive says

That AI initiative augurs well for Alibaba International Digital Commerce Group, which now has 300 million consumers annually and more than one million merchants around the world.

9 Jul 2024 - 8:06PM

Alibaba Group Holding’s Tongyi Qianwen AI large language model family is already used by more than 90,000 corporate clients in China. Photo: Shutterstock

Alibaba Cloud touts endorsements from major clients in AI computing race

Alibaba Cloud and rivals are gunning for a market that is expected to expand faster this year, thanks partly to popularity of generative AI.

8 Jul 2024 - 11:17PM

In China’s Guangzhou, a web of factories gives rise to Shein

An extensive army of manufacturers, managed through a complex digital system, has fed Shein’s meteoric growth.

6 Jul 2024 - 12:00PM

China’s AI competition deepens as SenseTime, Alibaba claim progress at AI show

The major developers of large language models are claiming significant performance improvements and greater adoption at China’s biggest annual AI conference.

6 Jul 2024 - 7:23AMvideocam

SenseTime founder and CEO Xu Li introduces the company’s SenseNova 5.0 large model at an event on April 24, 2024. Photo: SenseTime

China’s AI overload: Baidu CEO warns of too many models, too few applications

Speaking at the World Artificial Intelligence Conference in Shanghai, Baidu CEO Robin Li said companies are wasting computing power on models not yet benefiting other industries.

8 Jul 2024 - 3:56PMvideocam

Baidu CEO Robin Li speaks at the World Artificial Intelligence Conference in Shanghai on July 4, 2024, warning that the country is wasting resources tweaking foundational models while failing to build more practical applications. Photo: AFP

Chinese tech executives discuss how AI large language models can shape businesses

Chinese tech experts discussed how large language models can shape businesses at the annual event held by Luohan Academy, the open research institute initiated by Alibaba.

5 Jul 2024 - 7:00AM

Chip and AI firms attract big money as China drums up support

Ninety per cent of global venture capital investments in the chip sector last year came from China, according to Preqin research.

4 Jul 2024 - 8:00PM

EU reconsiders duty exemption for cheap goods that helps Shein, Temu

The effort adds to the growing momentum of protectionism against Chinese companies as its cheaper goods threaten local producers.

4 Jul 2024 - 10:50AM

The EU is considering closing off a duty exemption that has enabled a surge in small-value imports from Chinese e-commerce platforms. Photo: AFP

Alibaba’s Taobao adds 1-hour delivery short cut in race against ByteDance, JD.com

With on-demand delivery the latest front in China’s e-commerce war, Taobao is using Alibaba’s Ele.me and Freshippo to expand its offerings in the category.

4 Jul 2024 - 12:04AM

Taobao is expanding its product offerings available for one-hour delivery and adding a hotkey to its homepage to further entice users. Photo: Shutterstock

China kicks off largest AI conference in Shanghai amid tech rivalry with US

The World Artificial Intelligence Conference in Shanghai will feature innovations that could help China narrow the gap with the United States in the technology’s development.

3 Jul 2024 - 7:30PM

China’s moonlighters seek side gigs on Alibaba’s online flea market

Xianyu, also known as Idle Fish, has launched a new feature allowing users to hire themselves out for part-time jobs.

3 Jul 2024 - 6:00PM

Hong Kong stocks boosted by Alibaba-led tech rally, services activity slowdown weighs

Sentiment appears to be stabilising after the recent consolidation, analysts say. Strong southbound buying, which has already topped the total inflow for the whole of 2023, continues to support the market.

3 Jul 2024 - 5:18PM

Fintech giant Ant Group spins off database firm as Alibaba affiliates take stake

A shareholder restructuring for OceanBase, which develops the database tech behind Alipay, gives 35 companies a stake, paving the way to a possible public listing

3 Jul 2024 - 11:12PM

Chinese e-commerce giant JD.com pursues budget-minded consumers

JD.com is said to be taking full control over the operation, logistics and after-sales services of its Jingxi low-price shopping platform.

2 Jul 2024 - 5:00PM

Synagistics set for Hong Kong listing through SPAC backed by former HKMA head

The deal values Singapore-based Synagistics, which provides digital commerce services, at HK$3.5 billion (US$448 million), according to an exchange filing.

2 Jul 2024 - 6:00AM

A view of Exchange Square in Central, home of Hong Kong stock exchange operator Hong Kong Exchanges and Clearing, on April 2, 2024. Photo: Jelly Tse

China’s Quora-like Zhihu unveils AI-powered feature to engage more users

Zhihu has joined the ranks of Chinese technology companies that have enhanced their online services via the power of generative artificial intelligence.

30 Jun 2024 - 7:00PM

Alibaba’s cloud computing unit to close data centres in Australia and India

Alibaba Cloud’s updated infrastructure strategy prioritises expansion in Southeast Asia and Mexico.

28 Jun 2024 - 8:38PM

Alibaba’s large language model tops global ranking of AI platform Hugging Face

Alibaba’s Tongyi Qianwen family of AI models have already been adopted by more than 90,000 corporate clients.

28 Jun 2024 - 7:00AM

Alibaba taps China’s top AI start-ups to boost enterprise offerings

The tech giants is partnering with MiniMax, Moonshot AI, Orionstar, Baichuan, Zhipu AI and 01.AI to develop new functions on its popular office app.

27 Jun 2024 - 8:00PM

The headquarters of Alibaba’s DingTalk in Hangzhou, China. Photo: VCG via Getty Images

Microsoft keeps AI services in Hong Kong, as OpenAI curbs China access

The US tech giant has been offering eligible Hong Kong customers access to OpenAI tools such as ChatGPT since last year.

27 Jun 2024 - 3:17PM

Microsoft Hong Kong says it will continue offer its AI services to eligible customers in the city. Photo: AFP

OpenAI’s ban on China access to ChatGPT to spur growth of local alternatives

OpenAI’s ban on Chinese access to its service is set to contribute to the growth of the Chinese AI sector rather than hinder its progress, industry experts said.

26 Jun 2024 - 6:30PM

Chinese teen who beat MIT students in Alibaba maths contest attracts doubters

Jiang Ping has become the subject of national curiosity after climbing past competitors from Stanford, Cambridge, and Tsinghua to reach the finals.

26 Jun 2024 - 9:22AM

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Alibaba

Alibaba is China's largest e-commerce company, with holdings in a wide portfolio of businesses from logistics, cloud services and finance to media. The company provides business-to-business, business-to-consumer and other services through platforms including Alibaba.com, Tmall, and Taobao. Alibaba is the owner of the South China Morning Post. It was co-founded by Jack Ma, who retired as chairman in 2019 but is still a major shareholder.