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Alibaba

Taobao Instant Commerce to launch ‘Taobao Convenience Store’ chain Alibaba

Taobao Instant Commerce to launch ‘Taobao Convenience Store’ chain

Credit: Alibaba Taobao Instant Commerce, Alibaba’s quick commerce unit, is set to launch a new retail brand called “Taobao Convenience Store” (our translation), LatePost reported. The stores will operate 24 hours a day and offer around 10,000 SKUs across categories such as groceries, snacks, alcohol, electronics, baby products, and beauty…
bubmag
October 31, 2025
Two opposing AI strategies in China Alibaba

Two opposing AI strategies in China

Qwen3-Max achieved third place globally on LMArena with over 1 trillion parameters, scoring 69.6 on SWE-Bench Verified and surpassing certain GPT-5 DeepSeek cut API prices by over 50% with V3.2-Exp, reducing output costs from ¥12 to ¥3 per million tokens Price wars intensified across Chinese tech giants : Alibaba slashed…
bubmag
October 29, 2025
Former Alibaba executive Liu Peng appointed president of Walmart China’s Sam’s Club format Alibaba

Former Alibaba executive Liu Peng appointed president of Walmart China’s Sam’s Club format

Walmart China has appointed former Alibaba executive Liu Peng as president of its Sam’s Club format, effective immediately, the company announced on October 27. Liu will report directly to Christina Zhu, President and CEO of Walmart China. Jane Ewing, who has been serving as acting president of the Sam’s Club…
bubmag
October 28, 2025
Who leads China’s AI cloud race? Alibaba, ByteDance, and Baidu all stake a claim Alibaba

Who leads China’s AI cloud race? Alibaba, ByteDance, and Baidu all stake a claim

Toward the end of September in Hangzhou, the rivalry between Alibaba and ByteDance over dominance in artificial intelligence cloud services filled the city with palpable tension. During Alibaba Cloud’s annual Apsara Conference, visitors could hardly miss the massive Volcano Engine ads blanketing Hangzhou Xiaoshan International Airport and Hangzhou East Railway…
bubmag
October 27, 2025
Alibaba launches preorders for its first in-house AI glasses, featuring AR navigation and visual payment integration across its ecosystem Alibaba

Alibaba launches preorders for its first in-house AI glasses, featuring AR navigation and visual payment integration across its ecosystem

Alibaba has started preorders for its first self-developed _Quark AI Glasses_. The device is priced at ¥3,699 ($510) for members and ¥3,999 ($550) for regular buyers, with preorders now live on Tmall and deliveries expected in early December. Powered by Qualcomm’s AR1 and BES2800 dual flagship chips, the glasses integrate…
bubmag
October 24, 2025
Alibaba’s new Qwen3-VL models bring visual-language AI to mobile devices Alibaba

Alibaba’s new Qwen3-VL models bring visual-language AI to mobile devices

Alibaba’s Tongyi Qianwen team has added two new dense models—2B and 32B—to its Qwen3-VL family, expanding support for visual-language understanding tasks. The company said both models are lightweight enough to run on smartphones and designed to be more “developer-friendly.” According to the team, Qwen3-VL-32B delivers performance comparable to larger models…
bubmag
October 22, 2025