Tech giant Alibaba, which has pledged to invest heavily in artificial intelligence, says its new reasoning model rivals ...

Alibaba shares surged more than seven percent in Hong Kong trade on Thursday after the Chinese tech giant launched an ...

BEIJING: Alibaba Group Holding Ltd has agreed to sell its shares in Sun Art Retail Group Ltd to private equity firm DCP Capital, unloading another high-profile physical commerce asset at a ...

Alibaba continued to optimize its balance sheet, divesting some non-core assets such as its stake in Sun Art, a supermarket business. That didn't fit well into BABA's other assets, and selling the ...

Alibaba Health, Freshippo, Sun Art] segments continued recording positive y/y top-line growth and reducing losses through operational efficiencies in most of these non-core businesses. The only ...

To streamline operations, Alibaba is offloading non-core assets, including its stakes in Sun Art and Intime, while aggressively buying back shares. The company repurchased $1.3 billion worth of ...