Alibaba

This year’s Double 11 shopping festival concluded on Nov. 11. Credit: Alibaba On March 6, Alibaba released and open-sourced its new reasoning model, QwQ-32B, featuring 32 billion parameters. Despite being significantly smaller than DeepSeek-R1, which has 6,710 billion parameters (with 3.7 billion active), QwQ-32B matches its performance in various benchmarks.…

Freshippo has reportedly delayed its planned IPO due to lower valuation Credit: Alibaba On February 28, three Freshippo X membership stores in Shanghai announced that they would cease operations from April 1, while still supporting online orders and delivery. With this closure, only five Freshippo X membership stores remain in…

Alibaba is recalibrating its artificial intelligence strategy for consumer-facing businesses. According to independent sources cited by 36Kr, the company’s smart connectivity division is now overseen by Wu Jia, president of Alibaba’s intelligent information business group. Established in 2022, this division, anchored by the Tmall Genie brand, is one of Alibaba’s…

Cainiao is undergoing a major organizational restructuring to sharpen its focus as a specialized logistics company. The changes aim to reinforce Cainiao’s operational excellence in its core logistics services while transferring e-commerce-aligned responsibilities to Alibaba’s other business groups, 36Kr has learned. A key component of the restructuring involves moving more…

Chris Billam-Smith will target Badou Jack and the WBC cruiserweight title in his bid to become a world champion once again. In November, Gilberto Ramirez soundly outpointed Britain's Billam-Smith, winning a lop-sided decision to unify the WBO and WBA titles. But the former champion has recovered from that punishing defeat…

Major Chinese internet companies, including Alibaba International, Ele.me, and Trip.com, have taken to Xiaohongshu in a purported attempt to attract overseas users following a surge of TikTok users registering on the platform under the #TikTokRefugee trend. On Jan. 13, Chinese social media platform Xiaohongshu saw a significant influx of US-based TikTok users who…

The official flagship store for the game Black Myth opened on Tmall on Jan. 15, reported Chinese media outlet DSB.cn. Alibaba Group’s IP operations platform Alifish and Tmall’s trendy toys division will provide the store with long-term operational and marketing support. The launch features over 30 products, including figurines, apparel,…

Alibaba Cloud launches AI tool for faster app developmentRead More

On January 8th, Alibaba Cloud officially announced that the Tongyi Lingma AI programmer is fully launched, supporting VS Code and JetBrains IDEs at the same time. It covers both front-end and back-end development, claiming to achieve “full conversation collaboration to complete complex coding tasks from 0 to 1. The official…

The launch of ChatGPT-3.5 in December 2022 triggered a global surge in interest in large-scale AI models, with major Chinese companies such as Baidu, Alibaba, and SenseTime following suit in 2023. By June, a flurry of general-purpose and specialized models had emerged, contributing to China’s rapidly growing AI landscape. By…