The rebranding adds to Alibaba’s “zoo”, as some refer to the technology conglomerate’s animal-themed businesses. It includes Tmall, represented by a black cat, and logistics unit Cainiao ...

The head of Alibaba Group Holding's entertainment business has apologised to employees for his controversial remarks dismissing a video-gaming unit's performance and disparaging the Cantonese ...

Alibaba merges domestic and global e-commerce into a unified unit, led by Jiang Fan, to streamline operations and enhance growth. International e-commerce revenue surged 29% YoY, while Taobao and ...

The firm’s Yuanjing metaverse unit has operations in both Shanghai and Hangzhou and was set up by Alibaba in 2021 amid the hype for virtual world platforms and related tech. The once-booming ...

Alibaba currently holds a stake of 64 per cent in the logistics unit, and the buyout offer will allow minority shareholders to sell their shares to Alibaba. “Given the strategic importance of Cainiao ...

Alibaba Group Holding has decided to withdraw the initial public offering (IPO) for its logistics operation Cainiao in Hong Kong, and has offered to buy all remaining shares in the unit ...

Some analysts said keeping the cloud unit could assist Alibaba's AI push. "The company believes the chip ban might materially and adversely affect its ability to offer products and services in the ...

Alibaba has paused the public listing of its supermarket chain because of what it sees as a volatile market and canceled its cloud unit spin off, the company announced on Thursday alongside reports of ...

Alibaba share price: Alibaba announced Zhang's decision to depart the unit in an internal letter to staff seen by Reuters, with co-founder Eddie Wu becoming the unit's acting CEO and chairman. Zhang ...

In June, Alibaba said Zhang would relinquish his group CEO role to focus on the cloud unit, the firm's number two money spinner. The Cloud Intelligence Group, valued at $41 billion to $60 billion ...