Alibaba

Alibaba Group Holding tied its own record of 80 million on-demand deliveries on Saturday, the e-commerce giant reported on Monday, as it wages an all-out battle against rivals Meituan and JD.com in China’s quick-delivery market – with freebies and eye-popping discounts as the ammunition. Alibaba ’s new instant commerce brand…

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…

Alibaba to bet big on small merchants for Singles Day with RMB 2 billion subsidies Credit: Alibaba Alibaba announced on July 3 it plans to issue HK$12 billion (about $1.5 billion) in zero-coupon exchangeable bonds due in 2032 to fund its cloud infrastructure and a global e-commerce push. The bonds…

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…

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…

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…

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…

Entertainment June 29, 2025 by Yewande Fasan Renowned Nigerian comedian Alibaba has revealed the unexpected moment that marked the beginning of his career in comedy. Speaking in a recent interview on Channels Television’s Sunrise, Alibaba revealed that his foray into the entertainment industry was unplanned and happened during his days…

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Billions in corporate buys can’t budge Bitcoin—5 reasons the BTC price won’t move Christina Comben · 2 months ago · 3 min read Why is Bitcoin’s price flat even as companies buy billions? Hidden dynamics behind ETF flows, paper bitcoin, and market manipulation, for a start. 3 min read Updated:…