Alibaba

Revenue : Climbed 7% YoY to RMB236.5 billion (US$32.6 billion) . Income from Operations : Surged 93% to RMB28.5 billion (US$3.9 billion) , driven by reduced share-based compensation and increased efficiency. AI-Related Product Revenues : Continued triple-digit growth for the seventh consecutive quarter . Cloud Intelligence Revenue : Rose 18%…

We “stepped on our own foot” in recent years, admits Alibaba chairman Joe Tsai. Credit: 123RF Alibaba shares dropped 7.6% on Thursday after the company missed analyst expectations for both revenue and net income in its fiscal fourth quarter, ending in March. The Chinese e-commerce giant reported revenue of RMB…

News Written by Sudo Lim Published on 16 May 2025  3 mins read Alibaba’s March 2025 quarter results suggest a company determined to prove its transformation is more than just rhetoric. Revenue rose 7% year-on-year (YoY) to RMB 236.5 billion (USD 33.1 billion), while adjusted EBITA surged 36% to RMB 32.6 billion (USD…

Alibaba revenue up 7% as free cash flow dives 76%Read More

Developers and entrepreneurs gathered at Alibaba Cloud’s 2025 Singapore hackathon to transform bold ideas into working prototypes. Over two days, participants tackled real-world challenges across education, design, storytelling, and digital marketing. Their mission was clear: build impactful solutions using cutting-edge artificial intelligence tools. As the first in a series of…

Bitcoin Magazine Jack Mallers’ Twenty One Capital And Tether Bought 4,812 Bitcoin For $458,700,000 Recently launched new Bitcoin treasury company Twenty One Capital acquires 4,812.2 BTC worth $458.7 million through Tether. This post Jack Mallers’ Twenty One Capital And Tether Bought 4,812 Bitcoin For $458,700,000 first appeared on Bitcoin Magazine…

China records first eversales drop in mid-year 618 shopping festival, but live-commerce shines. Credit: Alibaba China’s major e-commerce platforms, Alibaba, JD.com, and ByteDance’s Douyin, are preparing for the 618 shopping festival, a massive mid-year sales event initiated by JD in 2004. With weak consumer spending in China, the companies are…

This year’s Double 11 shopping festival concluded on Nov. 11. Credit: Alibaba Alibaba Group Chairman Joe Tsai outlined the company’s strategic roadmap for the next three to five years during an internal event on May 10, highlighting e-commerce and “Cloud + AI” as the twin pillars of future growth. He…

Alibaba adds fresh AI startup to its investing portfolio amid increasing bets in the sector. Credit: Alibaba Alibaba CEO Eddie Wu is urging employees to “start over” with a founder’s mindset as the company enters a new era driven by AI. In an internal post on May 9, Wu stressed…

Chinese tech giant Alibaba is doubling down on artificial intelligence to spur the growth of its e-commerce division. Credit: 123RF On April 29, Alibaba unveiled Qwen3, its newest large language model and China’s first hybrid reasoning model that integrates both fast and slow thinking modes to reduce computational costs. The…