Alibaba starts revamp of cloud business
Alibaba Group Holding Ltd. is taking the first steps toward revamping its cloud business by overhauling its leadership, aiming to revive growth and ride an AI boom after cancelling a much-anticipated spinoff of the $11 billion unit.
The company has...
Michael Burry exits Alibaba stake
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the second quarter, ditching the stocks just months after doubling down on them.
That’s a stark turnaround, considering the two Chinese tech giants...
Alibaba surprises with new chairman and chief executive
Alibaba Group Holding Ltd. announced a new chairman and chief executive, unveiling a surprise plan to replace Daniel Zhang at the helm of a company that’s been bleeding market share and struggling to revive growth in the post-Covid era...
Alibaba opens up testing of AI tool to corporate customers
Alibaba Group Holding Ltd. is inviting users to test the company’s in-house artificial intelligence tool, the latest attempt from a Chinese tech behemoth to rival OpenAI’s powerful ChatGPT.
The company’s cloud computing unit is...
Jack Ma has been living in Tokyo the past six months — Financial Times
Chinese entrepreneur Jack Ma has been living in Tokyo for nearly six months, after Beijing’s crackdown on the technology sector, the Financial Times reported Tuesday.
The co-founder of Alibaba Group Holding Ltd. has...
Hi Broadbanders,
I am thinking of starting a dropshipping business in SA but cannot crack the code on how people are bringing stuff in without incurring significant shipping costs. Does anyone have any experience with importing/buying from Alibaba and methods to do so that actually work? I've...
Fastway South Africa scooped up by logistics giant — with plans to boost Alibaba deliveries
South Africa's largest privately-owned logistics provider City Logistics and private equity management company Clearwater Capital have partnered to acquire 100% of the Fastway Couriers franchise in South...
Alibaba founder Jack Ma appeases Chinese government by giving up power
Jack Ma is taking a weeks-long tour in Europe after largely disappearing from public view for almost two years, adding to signs that China’s government is easing pressure on the entrepreneur as he steps back from a business...
Telkom in major data centre play
Telkom is potentially looking at announcing a partnership with a hyperscale computing provider soon, CEO Serame Taukobong has told MyBroadband.
Hyperscalers include players such as Alibaba, Huawei, Oracle, Facebook, Amazon Web Services, SAP, Microsoft, and Google.
US-listed Chinese tech stocks rally
Alibaba Group Holding Ltd. and Didi Global Inc. rallied for a second day, adding $80 billion in value to U.S. listed Chinese stocks as fears of potential delistings eased.
The Nasdaq Golden Dragon China Index jumped as much as 6.1% Monday, adding to Friday’s...
Hi all
i would like to find out if anyone has ordered from ali express using ems shipping and would like to find out if the packages get delivered through ems within 7-14 days and if not how long do they take
No Mercy — China’s promise to Big Tech
China vowed to curb the influence of technology companies and root out corruption tied to the “disorderly” expansion of capital, a sign that authorities may expand a regulatory crackdown that erased more than $1 trillion of market value last year.
I am busy sourcing products from Alibaba to sell in SA, but I am having trouble finding a way to pay for my products. So, how do you pay for your Alibaba order from South Africa to China without a PayPal account or a credit card? Please help!
Has anyone had any experience importing from China? From alibaba and other places. How can one decrease the delivery times to under a week, that isn't going to cost an arm and a leg.
Looking at selling low cost items on my website, but the DHL shipping is just much too expensive to make it...
Hello.
This will be my first time ordering from Alibaba. The supplier can ship the products for much cheaper than someone like Rohlig can.
The cost difference is vast and am just wondering if anyone has any experience in this.
Alibaba co-founder confirmed as member of China's Communist Party
Jack Ma, co-founder of China’s most valuable company, was officially confirmed as a member of the Communist Party in a state-backed newspaper recognizing business leaders for their contributions to the country’s development.
Ma...
Alibaba opens its first data centres in the UK
The cloud-computing arm of Chinese retail giant Alibaba Group Holding Ltd. opened its first data centers in the U.K., with two sites operational in London.
The expansion is "driven by the rapidly growing customer demand," a spokesman for the...
Alibaba co-founder to step down as chairman
Alibaba is heralding the end of the Jack Ma era.
A former English teacher who helped found Alibaba Group Holding Ltd. two decades ago, Ma outlined plans to hand the executive chairman role to Daniel Zhang, a finance veteran who’s presided over an...
Alibaba to invest $1.38 billion in ZTO Express
Alibaba Group Holding Ltd. is leading the purchase of 10 percent of Chinese delivery service ZTO Express (Cayman) Inc. for $1.38 billion, a deal that’ll augment the e-commerce giant’s ability to ship packages around the globe.
The Alibaba-led...
Alibaba gets its digital assistant into Chinese vehicles
Alibaba is getting its digital assistant into Mercedes-Benzes, Audis and Volvos in China.
[Bloomberg]