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Alibaba

New embedding model leaderboard shakeup: Google takes #1 while Alibaba’s open source alternative closes gap Alibaba

New embedding model leaderboard shakeup: Google takes #1 while Alibaba’s open source alternative closes gap

July 18, 2025 5:21 PM Image credit: VentureBeat with Imagen-4 Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Google has officially moved its new, high-performance Gemini Embedding model to general availability, currently…
bubmag
July 19, 2025
Meituan exec calls food delivery boom “mostly a bubble” amid subsidy battle with Alibaba Alibaba

Meituan exec calls food delivery boom “mostly a bubble” amid subsidy battle with Alibaba

Food delivery giant Meituan has shown its ability to defend its moat advantage in local services. Credit: Meituan In less than 100 days, China’s food delivery landscape has been reshaped by an intense subsidy war, with JD.com and Alibaba together pledging a staggering RMB 80 billion (around $11 billion) to…
bubmag
July 18, 2025
Aftermarket Automotive Parts Retailer Market Is Booming Worldwide | Advance Auto Parts1A Auto AutoZoneRock AutoAlibaba Group HoldingJC WhitneyBuyAutoPartsChinabr, Alibaba

Aftermarket Automotive Parts Retailer Market Is Booming Worldwide | Advance Auto Parts1A Auto AutoZoneRock AutoAlibaba Group HoldingJC WhitneyBuyAutoPartsChinabr,

Global Aftermarket Automotive Parts Retailer Market, Outlook, and Forecast 2025-2032 is the latest research study released by “Market Statistix” evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of…
bubmag
July 16, 2025
Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to power cross-border payments, crypto transactions Alibaba

Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to power cross-border payments, crypto transactions

Business Home » Business » Jack Ma-backed Ant Group to adopt USDC for its blockchain platform to power cross-border payments, crypto transactions Powered by Gloria | Edited by Vivian Nguyen Jul. 10, 2025 The Chinese tech giant aims to expand its global reach with the new integration. Key Takeaways Ant…
bubmag
July 10, 2025
Alibaba doubles down on Taobao Instant Commerce with a $6.98 billion subsidy plan Alibaba

Alibaba doubles down on Taobao Instant Commerce with a $6.98 billion subsidy plan

Brands need new strategies to adapt to the changing e-commerce landscape in China in 2023. Credit: 123RF Taobao Instant Commerce, Alibaba’s push into on-demand retail, unveiled a RMB 50 billion ($6.98 billion) subsidy initiative on July 2. Over the next 12 months, the platform will roll out large consumer incentives…
bubmag
July 4, 2025
Alibaba tightens partner ranks as e-commerce chief Jiang Fan rejoins core leadership circle Alibaba

Alibaba tightens partner ranks as e-commerce chief Jiang Fan rejoins core leadership circle

We “stepped on our own foot” in recent years, admits Alibaba chairman Joe Tsai. Credit: 123RF Alibaba has trimmed its partnership structure, reducing the number of partners by nine to 17, according to its FY2025 annual report released June 26. Notably, Jiang Fan, CEO of Alibaba’s e-commerce unit, has returned…
bubmag
July 2, 2025
Alibaba’s US$7 billion subsidy deepens China’s instant shopping battle Alibaba

Alibaba’s US$7 billion subsidy deepens China’s instant shopping battle

Alibaba Group Holding ’s instant commerce service announced on Wednesday a substantial subsidy programme totalling 50 billion yuan (US$7 billion) over the next 12 months for both consumers and merchants, intensifying the fierce competition in China’s on-demand delivery sector, where JD.com and Meituan are also major players. Consumers using Taobao’s…
bubmag
July 2, 2025
China’s Alibaba launches e-commerce subsidies of $7bn in consumption boost Alibaba

China’s Alibaba launches e-commerce subsidies of $7bn in consumption boost

Listen to article The online retail platform of Chinese tech giant Alibaba announced on Wednesday that it will issue $7 billion in subsidies for certain purchases, providing a much-needed boost for a country struggling with sluggish spending. Taobao, China’s e-commerce champion launched by Alibaba in 2003, said in a WeChat statement that…
bubmag
July 2, 2025