News

BABA's Banma spin-off aims to cut cash drain, boost capital efficiency and refocus investments on core growth drivers.
Alibaba Group's BABA aggressive AI strategy is rapidly becoming an expensive gamble that threatens to destroy shareholder value rather than create it. Despite appearing cheap on traditional metrics, ...
Banma is all about making cars smarter inside. Think dashboards that respond like your phone does powered by AI. Based in ...
ByteDance released an open-source AI model to compete with Alibaba and DeepSeek. Alibaba stock down. ByteDance's model ...
Alibaba and Ant Group have launched a unified strategy to challenge Meituan in China's instant commerce market, including ...
With the plan finalized earlier this year and modest compared with U.S. hyperscalers' AI capex trajectories, it underscores ...
Alibaba’s stake in Banma will drop to 30 per cent from the current 44.72 per cent after the IPO, the tech behemoth says.
Beijing has reportedly moved to curb sales of Nvidia Corporation's NVDA China-specific AI chip after U.S. Commerce Secretary ...
Alibaba-backed smart cockpit solutions company Banma Network Technology is planning an initial public offering in Hong Kong, adding to the city's busy deal pipeline. Alibaba said Thursday that it ...
Alibaba Group Holding Ltd. plans to gradually wind down the last of its Costco-like members-only stores, underscoring its ...
Alibaba faces significant headwinds, but its pivot to high-margin AI services and its depressed valuation present a ...
Yet beneath the surface, Alibaba is quietly undergoing a significant transformation -- one that could define its next decade.