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Alibaba

China subsidies give Alibaba, JD.com sales lift during 618 shopping festival Alibaba

China subsidies give Alibaba, JD.com sales lift during 618 shopping festival

Chinese e-commerce giants Alibaba Group Holding and JD.com reported record user participation and growing sales during the 618 shopping festival, as government subsidies and new artificial intelligence (AI) tools fuelled a surge in consumer activity. More than 453 brands each surpassed 100 million yuan (US$14 million) in gross merchandise value…
bubmag
June 19, 2025
How Premier League rivals could hijack Man United deal for Bryan Mbeumo Alibaba

How Premier League rivals could hijack Man United deal for Bryan Mbeumo

Manchester United head coach / manager Ruben Amorim during a Premier League match (Photo by Marc Atkins/Getty Images) Bryan Mbeumo is entrenched in a high-stakes transfer duel this summer, with Manchester United appearing to be in the driver’s seat but Tottenham Hotspur might still turn the tide. Following the appointment…
bubmag
June 13, 2025
Alibaba Chairman Joe Tsai: DeepSeek’s rise jolted us into action Alibaba

Alibaba Chairman Joe Tsai: DeepSeek’s rise jolted us into action

Joe Tsai, Co-founder and Executive Vice-Chairman of Alibaba Group Credit: BEYOND Expo Alibaba Chairman Joe Tsai has revealed that the company’s engineers worked through the Chinese New Year holiday to accelerate AI development after the company felt pressured by DeepSeek’s breakthrough. Speaking at the VivaTech conference in Paris, Tsai said…
bubmag
June 13, 2025
Former DingTalk executive criticizes Alibaba culture in viral memo, Jack Ma responds Alibaba

Former DingTalk executive criticizes Alibaba culture in viral memo, Jack Ma responds

A former senior product executive at DingTalk, Alibaba’s enterprise messaging unit, published a lengthy internal letter upon leaving the company, criticizing Alibaba’s cultural erosion, failed M&A strategy, and lack of innovation. The post prompted a rare response from Alibaba founder Jack Ma. Why it matters: The memo has triggered wide…
bubmag
June 13, 2025
Alibaba’s identity crisis spills into the open Alibaba

Alibaba’s identity crisis spills into the open

Alibaba’s internal culture has shifted from mission-driven to KPI-obsessed, eroding employee motivation. A departing R&D executive’s 10,000-word memo has sparked soul-searching and leadership responses. Failed acquisitions and innovation bottlenecks reveal Alibaba’s deep strategic malaise. Alibaba Group once epitomized China’s entrepreneurial rise. Founded in 1999 by Jack Ma, its mission to…
bubmag
June 13, 2025