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Chinese tech giant Alibaba Group is seeking to raise around HK$12 billion ($1.53 billion) through exchangeable bonds to boost investments in its cloud infrastructure and global commerce operations ...
Alibaba Cloud and CapitaLand Group signed an MoU to strengthen their partnership and accelerate CapitaLand’s digital transformation in China.
Alibaba stock has bounced back over the past year. The company impressed investors with its stabilizing growth and margins. The stock looks undervalued relative to the company's growth potential.
Alibaba Group has announced that it will invest more than 380 billion yuan ($52.9 billion) in building cloud and AI hardware infrastructure over the next three years.
Alibaba Cloud and CapitaLand Group signed a memorandum of understanding to further strengthen their longstanding partnership and accelerate CapitaLand’s digital transformation in China.
Still, the firm remains optimistic about Alibaba’s medium-term prospects, noting that strategic spending could boost long-term growth, especially in cloud and instant commerce segments.
Tech titans Alibaba (NYSE: BABA) and Amazon (NASDAQ: AMZN) share several similarities. For instance, both expanded beyond their e-commerce roots to become giants in the cloud computing space ...
Alibaba is the world's fourth largest cloud provider by market share, while Amazon is the global leader. Now, the pair are moving into the artificial intelligence (AI) arena.
Nvidia announced it should be able to resume shipping its H20 chips to China soon. Alibaba's latest Qwen models have been shooting up the open-source model ranks. Shares of Chinese tech giant ...
Alibaba's latest Qwen models have been shooting up the open-source model ranks. 10 stocks we like better than Alibaba Group › Shares of Chinese tech giant Alibaba (NYSE: BABA) rallied 8.1% on ...