Alibaba

This was the conclusion of an expert panel discussing international F&B trade in the post-pandemic era held in Dubai, which comprised Alibaba Head of Global Strategic Partnerships Tim Song, Philippines Department of Trade and Industry (DTI) Assistant Secretary Glenn Peñaranda, and Riceland Foods Vice President Mark Holt. Although the internet…

Cainiao Network, Alibaba Group’s logistics arm, has entered into a strategic partnership with the World Food Programme (WFP), the world’s largest humanitarian organization. The partnership with the United Nations (UN) affiliate outlines a three-year strategic collaboration, focusing on areas such as global humanitarian emergency missions and supply chain capability enhancement.…

Zhuang Zhuoran, president of Alibaba-owned travel platform Fliggy, will now report directly to Alibaba CEO Daniel Zhang, according to local media outlet LatePost, in a move that indicates the increased importance of the platform within the group. This adjustment comes after the e-commerce giant’s biggest-ever overhaul, reorganizing the whole business…

Lazerpay, SpaceX, Twitter, Amazon, OurPass, ChatGPT, Sumitomo, OpenAI, Google, Alibaba, Twitter were some of the names that made the headlines in the tech ecosystem this week. Nigerian crypto and web3 company, Lazerpay, has halted its operations after its inability to raise funding. Also, Italian data protection agency has announced plans…

What Happened: The world’s largest cosmetics company is teaming up with Alibaba Group in a bid to make China’s beauty industry greener. On April 6, L’Oréal signed a three-year deal with the Chinese ecommerce giant to establish low-carbon standards, develop new products, and create measurable circular economy solutions, according to…

SoftBank may cut its stake in Alibaba to just 3.8%, the Financial Times recently reported. ...Read More

Alibaba plans to re-separate Tmall and Taobao after fully integrating the two e-commerce businesses just over a year ago, local media outlet LatePost reported on Wednesday. The move to freshly divide two of its flagship businesses is a continuation of Alibaba’s landmark restructuring announced in late March, which will see…

Alibaba Cloud, the cloud computing subsidiary of Alibaba, unveiled its ChatGPT-style product Tongyi Qianwen during the 2023 Alibaba Cloud Summit on Tuesday morning. Bloomberg | Bloomberg | Getty Images Alibaba shares dropped nearly 3% in after-hours trading after regulatory files revealed that SoftBank has sold a majority of its stake…

Amid the flurry of Baidu and Alibaba announcing AI products, China has been quick to propose regulation over the burgeoning generative AI industry. Why you should keep your own scoreboard at work AI products developed in China must undergo a “security assessment” before being released to the public, according to…

Over the last few months, the world’s two biggest economies have been racing to showcase their generative AI capabilities. ChatGPT, Midjourney, the new Bing and others have captivated tens of millions of users around the world. In China, entrepreneurs are racing to match their American counterparts. Baidu rolled out a…