Baidu's ChatGPT Rival Ernie Bot Surpasses 100 Million Users US-based AI startup OpenAI's ChatGPT reached 100 million weekly active users in November last year. International Business Times UK · Jan 1, 2024
2 Cheap, Undervalued Tech Stocks That Look Set for a 2024 Rebound Despite U.S. stock markets trading near their all-time highs, PayPal and Alibaba are two cheap and undervalued stocks that could rebound in 2024. Barchart · Dec 31, 2023
JD.com Triumphs in Antimonopoly Battle with Alibaba JD.com emerges victorious in a groundbreaking antimonopoly lawsuit against Alibaba, marking a major win in the fierce battle for dominance in the Chinese i... Top News · Dec 29, 2023
Mixed Preholiday Trading as Wall Street Eyes Rate Cuts Get the latest updates on premarket trading in a low-volume holiday week on Wall Street. Will the market continue its winning streak in 2023? Find out here! Top News · Dec 28, 2023
Judge denies Alibaba's request to dismiss Squishmallows counterfeit lawsuit Alibaba must face a lawsuit by a toymaker claiming its online platforms were used to sell counterfeit Squishmallows. Judge denies dismissal. Get the detail... Top News · Dec 28, 2023
US court rejects Chinese ecommerce giant Alibaba's effort to quash faked Squishmallows case A judge in New York has ruled that Alibaba must face a lawsuit by a U.S. toymaker alleging that the Chinese ecommerce giant's online platforms were used to sell counterfeit Squishmallows The Independent UK · Dec 28, 2023
Alibaba is replacing its e-commerce head after just nine months in the job as it tries to beat back Pinduoduo- and Temu-owner PDD Eddie Wu, Alibaba Group CEO, is now taking direct control over the tech giant's e-commerce division. Fortune · Dec 20, 2023
Shanghai Composite Index Fell 1.03% on Wednesday Shenzhen Component Index closed down 1.41% Caixin Global · Dec 20, 2023
China's Alibaba names CEO Eddie Wu to head its e-commerce business as its growth falters China's Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-growing online shopping rivals like Pinduoduo The Independent UK · Dec 20, 2023
Shanghai Composite Index Rose 0.05% on Tuesday Shenzhen Component Index closed up 0.11% Caixin Global · Dec 19, 2023
2 Best ETFs to Buy for 2024, Based on Analysts' Forecasts for U.S. Stocks With most analysts predicting low single-digit returns from U.S. stocks in 2024, the VanEck Gold Miners ETF and KraneShares CSI China Internet ETF are two exchange-traded funds (ETFs) that look like good buys for 2024. Barchart · Dec 15, 2023
Alibaba (BABA) vs. Trip.com (TCOM) - Analyzing the Gain Potential of China Stocks Amid China's potential economic acceleration fueled by gradual stimulus measures, which of the two stocks, Alibaba (BABA) or Trip.com (TCOM), hold the key to superior gains at this juncture? Let’s find out…. StockNews.com · Dec 14, 2023
Growth of autocracies will expand Chinese global influence via Belt and Road Initiative as it enters second decade China currently faces daunting challenges in its domestic economy. But weakness in the real estate market and consumer spending at home is unlikely to stem its rising influence abroad. The Conversation · Dec 13, 2023
JD.com's billionaire founder tells employees not to 'lie flat' as Temu-owner PDD catches up to him and Alibaba founder Jack Ma "We need to change, or there’s no way out for our company," JDD founder Richard Liu wrote in a post on the company's internal forum. Fortune · Dec 12, 2023
Fortune · Nov 27, 2023 China’s former entrepreneurial golden child, Jack Ma, appears to be back with a food venture Alibaba founder Jack Ma largely disappeared from public life following a crackdown by the Chinese government—now it seems he's back.
TechRadar · Nov 25, 2023 China in a bull shop: One of the largest Chinese tech companies has announced a 'game-changing' 3,072-core RISC-V server that used an indigeneous CPU — on US soil China hits a key milestone with Alibaba demonstrating the first cloud server powered by a RISC-V chip.
Fortune · Nov 22, 2023 Baidu reveals expectations-beating earnings and touts its new ChatGPT-like AI models, amid leadership chaos at U.S. competitor OpenAI Baidu took an early lead in the race to dominate China's AI sector with the release of ERNIE Bot earlier this year.
Barchart · Nov 20, 2023 Will Improving Fundamentals Inspire Foreign Investors to Return to Chinese Stocks? Shares of China’s Alibaba Group Holdings (BABA ) tumbled more than -10% last Thursday and Friday after the company canceled a spinoff of its cloud division, citing U.S. restrictions on advanced semiconductor sales to China. Tencent Holdings (TCEHY ) also fell more than -3% last Friday, despite reporting better-than-expected quarterly...
StockNews.com · Nov 17, 2023 Diving Into Chinese Tech: Analyzing the Prospects of Alibaba (BABA) and Hello Group (MOMO) for Investors Despite several challenges, the Chinese economy has demonstrated exceptional resilience recently. Therefore, top-tier Chinese stocks, such as Alibaba Group (BABA) and Hello Group (MOMO), could be ideal portfolio additions now. Continue reading.
TechRadar · Nov 17, 2023 Alibaba scraps plans to spin off its cloud business US and global geopolitical tensions see Alibaba reverse its decision, but investors are still upset.
Fortune · Nov 17, 2023 A series of bad news stories—including an abandoned cloud spin-off plan—wipe billions from Alibaba's market cap Alibaba blamed U.S. chip controls for its decision to abandon plans to spin-off its cloud computing unit as an independent company.
The Independent UK · Nov 17, 2023 Stock market today: Asian stocks pulled lower by profit warnings and signs the US economy is slowing Asian stocks are mostly lower after Wall Street drifted to a mixed finish as momentum slowed following a strong rally in the first half of November
Caixin Global · Nov 15, 2023 Alibaba Expands in Europe With Investment in B2B Platform Visable The move is part of the tech giant’s efforts to grow its country- or region-specific business, as some Chinese products lose their edge in price globally
Fortune · Nov 13, 2023 Alibaba and JD's decision to withhold Singles Day data punctures last chance to see a China consumption revival this year "Everyone's waiting for this consumption boom," one analyst said. "I don't think it's really going to come."
The Independent UK · Nov 11, 2023 Worried Chinese shoppers scrimp, dimming the appeal of a Singles' Day shopping extravaganza Shoppers in China have been tightening their purse strings, raising questions over how faltering consumer confidence may affect the annual Singles’ Day online retail extravaganza