Alibaba logged revenue of 208.20 billion yuan ($30.12 billion) for the three months ended in March, compared with a Refinitiv consensus estimate of 210.3 billion yuan.

Alibaba's major rival Tencent has in the past year divested from a number of portfolio companies including selling a $3 billion stake in SEA (SE.N), transferring $16.4 billion worth of JD.COM ...

Alibaba Founder and Chairman Jack Ma coined the term “New Retail” in a letter to Alibaba’s shareholders in October last year. Ma said, “Pure e-commerce will be reduced to a traditional ...

In January, Alibaba released another model, Qwen 2.5 Max, which it said surpassed the performance of DeepSeek’s highly acclaimed V3 model, released just a few weeks before.

Alibaba Group ’s BABA -0.92% artificial-intelligence strategy helped drive third-quarter revenue growth to its quickest pace since late 2023 as the e-commerce company weathered fierce domestic ...

Alibaba is not a retailer in the traditional sense. It doesn’t source or keep stock, and logistics services are carried out by third-party providers. Instead, Alibaba is what you get if you take ...