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19.08.25 - 14:00
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Alibaba, Ant combine forces to take on Meituan in instant commerce market (SCMP)
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Alibaba Group Holding and its fintech affiliate Ant Group, both co-founded by Jack Ma, have joined forces to create an army of delivery service workers to defeat Meituan in the instant commerce market.
A total of 22 businesses operated by Alibaba and Ant, including domestic online marketplaces Taobao and Tmall, Ant's Alipay payment service and Alibaba Cloud, have pledged to improve the conditions of millions of delivery riders.
Alibaba owns the South China Morning Post.
Alibaba's move to pool......
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19.08.25 - 05:00
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Qwen Launches All-around Image Editing Model, Qwen-Image-Edit (AAStocks)
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Qwen, the large language model (LLM) development by BABA-W (09988.HK)(BABA.US)'s Alibaba Cloud, launched Qwen-Image-Edit, an image editing version of Qwen-Image.Qwen-Image-Edit is further trained based on the 20B Qwen-Image model, successfully extending Qwen-Image's unique text rendering capabilities into the field of im......
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19.08.25 - 02:06
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Alibaba′s Qwen 3 AI coding model gains on Claude Sonnet 4 in popularity (SCMP)
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Alibaba Group Holding's artificial intelligence coding model Qwen 3 Coder has been gaining popularity globally amid intensified competition in the AI-assisted coding sector, according to data from a third-party agency.
The model's usage share on AI marketplace OpenRouter soared to more than 20 per cent as of mid-August, trailing only Amazon.com-backed Anthropic's Claude Sonnet 4 with 31 per cent of usage.
Alibaba's Qwen team released the Qwen 3 Coder on July 23, claiming it delivers top-tier AI......
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18.08.25 - 20:57
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"When Bubbles Happen...": Sam Altman Says AI Hype Compares To Dot Com Boom Before 2000 Crash (ZeroHedge)
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"When Bubbles Happen...": Sam Altman Says AI Hype Compares To Dot Com Boom Before 2000 Crash
OpenAI CEO Sam Altman says investor enthusiasm for artificial intelligence may already look like a bubble., according to CNBC.
“Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes. Is AI the most important thing to happen in a very long time? My opinion is also yes,” he told reporters last week. “When bubbles happen, smart people get overexcited about a kernel of truth.”
Altman compared the surge in AI spending to the dot-com boom of the 1990s, when hype drove valuations before the Nasdaq lost nearly 80% of its value.
He isn't alone. Alibaba co-founder Joe Tsai, Bridgewater's Ray Dalio, and Apollo Global Management economist Torsten Slok have issued similar warnings. Slok recently argued the AI boom could be “bigger than the internet bubble,” with today's market leaders more overvalued than those in the 1990s.
Not all analysts agree. Ray Wan...
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18.08.25 - 15:06
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Alibaba, Baidu lead China′s fast-growing market for AI cloud services (SCMP)
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Baidu and Alibaba Group Holding led the market for public cloud services supporting artificial intelligence in China last year, as the industry embraced “disruptive innovations” towards generative and agentic AI, according to consultancy IDC.
The mainland AI public cloud market reached 19.6 billion yuan (US$2.7 billion) in 2024, increasing 55 per cent on the back of surging demand for AI training and applications, IDC said on Monday.
The top two market players each accounted for roughly 25 per......
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18.08.25 - 11:03
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Alibaba Group Will Announce June Quarter 2025 Results on August 29, 2025 (Business Wire)
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HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) today announced that it will report its unaudited financial results for the quarter ended June 30, 2025 before the U.S. market opens on Friday, August 29, 2025, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day.
All participants must pre-register to join this conference call using the Participant Registration link below:
English: https://s1.c-conf.com/diamondpass/10048830-bmkj1i.htmlChinese: https://s1.c-conf.com/diamondpass/10048829-vs9tz3.html
Upon registration, each participant will receive details for the conference call, including dial-in numbers, conference call passcode and a unique access PIN. To join the conference, please dial the number provided, enter the passcode followed by your PIN, and you will join the conference.
A live webcast of the ear...
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18.08.25 - 09:15
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Ant Group Declares War on Fake Medical Ads, Launches AI Health Butler 'AQ' (AAStocks)
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Ant Group declared war against fake medical advertisements. The company stated that healthcare should be closer, more transparent, and real to ordinary people, however, at some point, a large number of fake medical advertisements and rumors began to flood the market. Ant announced that eliminating fake medical advertisements is ......
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18.08.25 - 06:30
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The Asia Trade 8/18/2025 (Bloomberg)
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"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets.
*Correct: Alibaba earnings reporting date was misstated, the company has not yet scheduled its release date
(Source: Bloomberg)...
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18.08.25 - 03:00
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Alibaba, SAIC's Co-Developed SUV IM LS 6 Priced from RMB209,900 (AAStocks)
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IM Motors, a high-end intelligent EV brand co-developed by SAIC Group, Zhangjing Hi-Tech Park, and Alibaba Group, announced the start of pre-sale of its super large five-seater intelligent SUV, the new generation IM LS6. The vehicle is offered in both super extended range and BEV dual power versions, available in four models, wi......
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15.08.25 - 15:01
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Ant Group′s Deal for Hong Kong Broker Hits Mainland Snag (Caixin)
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Ant Group Co. Ltd.'s bid to acquire a Hong Kong-listed securities firm has stalled, as difficulties in securing Chinese mainland regulatory approval weigh heavily on the Alibaba-affiliated fintech giant's expansion into securities, Caixin has learned.
... Read more...
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15.08.25 - 13:48
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Temasek, PIF sell Alibaba shares as sovereign funds tweak portfolios (SCMP)
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Two of the world's largest sovereign wealth funds have adjusted their stakes in Chinese equities, trimming their exposure to technology stocks while going long on consumer companies as they mirrored Bridgewater Associates in reacting to volatile markets and rising US-China tensions.
Singapore's Temasek Holdings cut its stake in Alibaba Group Holding by two-thirds to 1.85 million shares in the quarter that ended in June, according to its 13F disclosure on Thursday. It slashed its JD.com holdings......
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15.08.25 - 10:00
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Accio Goes Viral Overseas; Alibaba.com Says It Is Expanding Capacity (AAStocks)
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The Accio Agent launched by Alibaba.com quickly gained attention in overseas markets. It is currently an invite-only service, and the large number of invitation codes issued have already been snapped up by users in more than ten countries. Alibaba.com said that it is currently expanding its capacity, and striving to enable SMEs ......
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