Alibaba

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:…

We “stepped on our own foot” in recent years, admits Alibaba chairman Joe Tsai. Credit: 123RF Alibaba Group has restructured its partnership committee, trimming nine members and adding e-commerce head Jiang Fan, according to its annual report released Thursday. The number of partners dropped from 26 to 17 in fiscal…

For 40 yuan ($6) an hour, Huang Mingyu hired a 25-year-old to roam the streets of a small city in eastern China, asking strangers if they’d seen her missing bird. The bird — a green peach-faced lovebird she’d hand-fed for weeks — escaped in April, during a holiday trip to…

Thursday 26 June 2025 3:55 pm  |   Updated:  Friday 27 June 2025 7:43 am accelerator programmes are falling short of helping companies scale. Alibaba.com has launched an innovation-based competition for UK and European small and medium enterprises (SMEs), with a prize pot of £750,000. The Co-Create Pitch awards, which launched…

Hong Kong-based film and TV studio Salty Pictures has signed a first look deal with Chinese entertainment powerhouse Damai Entertainment (formerly Alibaba Pictures) to develop a slate of Chinese-rooted films with global appeal. The partnership kicks off with “Not Friends,” a Mandarin-language adaptation of the Thai coming-of-age comedy-drama that served…

Taking into account various factors, including market dynamics and operational performance, Damai Entertainment (formerly Alibaba Pictures) has reportedly decided to shut down Koitake, a wholly owned subsidiary. The company stated it would handle post-closure matters appropriately. According to sources familiar with the situation, one key reason for the closure was…

Alibaba adds fresh AI startup to its investing portfolio amid increasing bets in the sector. Credit: Alibaba Alibaba Group has merged its food delivery platform Ele.me and travel unit Fliggy into its China e-commerce division as part of a shift from a traditional e-commerce model to a broader consumer services…

CATL opened its first-ever bricks-and-mortar experience center, the NING Space, in the southwestern Chinese city of Chengdu on Saturday, August 10, 2024. Credit: CATL Chinese battery giant CATL has partnered with Alibaba’s fintech arm Ant Group, as well as bike-sharing platform Hellobike, to make autonomous ride-hailing vehicles, according to an…

Header image source: Alibaba Group. During this year’s 618 shopping festival, Taobao Shangou (flash sales) and Ele.me together recorded over 60 million orders. Nearly 40 million came from Taobao Shangou, while Ele.me contributed more than 20 million. That momentum hasn’t let up. Less than a month later, the numbers climbed again.…

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…