Category

Alibaba

ByteDance’s Profits Soar 80%, Surpassing Alibaba and Tencent for the First Time Alibaba

ByteDance’s Profits Soar 80%, Surpassing Alibaba and Tencent for the First Time

ByteDance, the Chinese parent company of popular social media app TikTok, has reported record profits of USD 25 billion for 2022, surpassing those of tech giants Tencent and Alibaba for the first time. Despite ongoing losses in the TikTok business unit, ByteDance’s earnings before interest, taxes, depreciation, and amortization (EBITDA)…
bubmag
April 10, 2023
Alibaba rolls out ChatGPT alternative, claims world first of 10 trillion parameters Alibaba

Alibaba rolls out ChatGPT alternative, claims world first of 10 trillion parameters

Alibaba's ChatGPT-style tool is described on its official website as “an efficiency assistant and idea-generator.” Credit: Tongyi Qianwen Tech giant Alibaba unveiled its Tongyi Qianwen AI chatbot on April 7, joining the rush of Chinese tech majors to bring out a home-grown large-scale model to compete with ChatGPT. The service,…
bubmag
April 10, 2023
Chelsea set to hijack Manchester United move for €70m man – 101 Great Goals Alibaba

Chelsea set to hijack Manchester United move for €70m man – 101 Great Goals

Chelsea are reportedly preparing a move to hijack Manchester United’s transfer of Benfica superstar Goncalo Ramos. The striker is one of Europe’s most-promising attackers after his performances at the World Cup and in Portugal. According to Portuguese outlet Record, the Blues will send scouts to watch Ramos in action in…
bubmag
April 8, 2023
Alibaba Cloud Partners with Jaguar Land Rover China Alibaba

Alibaba Cloud Partners with Jaguar Land Rover China

On April 6th, Alibaba Cloud officially announced that Jaguar Land Rover China and Alibaba Cloud have signed a comprehensive cooperation agreement. Both parties will cooperate in multiple areas such as infrastructure cloudification, digitalization of supply chain and procurement, intelligent marketing, carbon neutrality and peak carbon emissions, compliance research on autonomous…
bubmag
April 6, 2023
Alibaba Raises Public Awareness about Autism Community Alibaba

Alibaba Raises Public Awareness about Autism Community

On World Autism Awareness Day, observed annually on April 2nd, platforms under Alibaba Group introduced various philanthropic activities to enhance public awareness about individuals with autism. In collaboration with Zhejiang Foundation for Disabled Persons, Alibaba Foundation launched a public welfare project to develop social organizations that can offer community-based and…
bubmag
April 6, 2023